Fitch: CRR Rule to Weigh on Nigerian Banks' Income

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Fitch Ratings has predicted that the Central Bank of Nigeria's (CBN) cash reserve requirement (CRR) policy will hurt Nigerian banks' earnings. “The Central Bank of Nigeria has been highly interventionist,” Bloomberg quoted senior director for Europe, Middle ...

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Fitch Ratings has predicted that the Central Bank of Nigeria's (CBN) cash reserve requirement (CRR) policy will hurt Nigerian banks' earnings. “The Central Bank of Nigeria has been highly interventionist,” Bloomberg quoted senior director for Europe, Middle ... https://ift.tt/eA8V8J

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