Banking industry still exposed to high credit risk – NDIC – Daily Trust

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Banking industry still exposed to high credit risk – NDIC

The Nigerian Deposit Insurance Corporation has disclosed that the banking industry remains exposed to high credit risk as depicted by the high Non Performing Loans ratio of 11.70% as at 31st December, 2018.But the disclosure which was contained in the 2018 annual report of the corporation hosted in its website yesterday also indicates that it is still an improvement when compared with NPLs ratio of 14.84% recorded as at 31st December, 2017.

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