Banks slash lending, cut N5.4trn across key sectors

…As agric, finance, others attract fresh loans lForbearance withdrawal, FX stability reshape bank lending — Experts lIt reflects structural challenges — MAN By Babajide Komolafe Deposit Money Banks (DMBs) slashed lending to oil and gas, information and communication technology (ICT) and six other key sectors of the economy by N5.45 trillion or 14.8 per cent, year-on-year (YoY), […] The post Banks slash lending, cut N5.4trn across key sectors appeared first on Vanguard News.

By Urowayino Jeremiah