BANKS DEPOSITS RISE BY 24% TO N42TN
Total deposits in the banks rose by 24.17 per cent from 33.85 trillion naira as of the end of June 2021 to 42.03 trillion naira in the corresponding period of 2022.
The Deputy Governor, Financial Systems Stability Directorate, Aishah Ahmad, disclosed this in her personal statement at the last MPC meeting.
She also said results of stress tests showed resilience of banks’ solvency and liquidity ratios in response to potential severe macroeconomic shocks.
