Loan Loss Provisions (As % of Bank Loans) rose 184% to 4.23% in Nigeria in 2016

Loan loss provisions as a percentage of bank loans rose 184% to 4.23% in Nigeria in 2016, according to the National Central Bank.

Historically, loan loss provisions as a percentage of bank loans in Nigeria reached an all time high of 6.21% in 2011 and an all time low of -0.993% in 2010.

Nigeria has been ranked 4th within the group of 84 countries we follow in terms of loan loss provisions as a percentage of bank loans, 4 places below the position seen 10 years ago.