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How to Analyze the Financial Statement of Banks
Like any other companies, financial institutions prepare financial statements for regulatory purpose and assist their users in making economic decisions. However, banks' business models are different from other companies. Thus they attract a…
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All You Need to Know about Loan to Deposit Ratio of the CBN Aimed at Banks to Lend More Money to Customers
The CBN on July 3, 2019 passed a circular to the commercial banks to mandating them to maintain a Loan to Deposit Ratio (LDR) of 60% by September 30, 2019. Failure to do…
