CBN Raises Banks' CRR To 27.5% - Investment - Nairaland
Nairaland Forum / Nairaland / General / Investment / CBN Raises Banks' CRR To 27.5% (1094 Views)
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| CBN Raises Banks' CRR To 27.5% by b03liberty(m): 6:37pm On Jan 24, 2020 |
The Central Bank of Nigeria (CBN) Friday resolved to raise the Cash Reserve Ratio (CRR) of Deposit Money Banks (DMBs) by 500 basis points to 27.5 per cent from the current 22.5 per cent. I think this is a good idea for the economy position. What do you think? https://www.thisdaylive.com/index.php/2020/01/24/cbn-raises-banks-crr-to-27-5/
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| Re: CBN Raises Banks' CRR To 27.5% by phrancys001(m): 7:26pm On Jan 24, 2020 |
ɖօɛs aʟʟ tɦɨs ɨռċʀɛasɛs ʄɨx ɖɛքօsɨt & tʀɛasʊʀʏ ɮɨʟʟ ʀatɛ ɖats aʟʀɛaɖʏ ʟօաɛʀ tɦaռ ҡօռҡօռ ɮɛʟօɛ? |
| Re: CBN Raises Banks' CRR To 27.5% by b03liberty(m): 9:27pm On Jan 24, 2020 |
phrancys001:Perhaps on a long economy program, it might still be favorable to the nation |
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