Fx denominated bank loans reached USD 17.8 bil in second quarter of 2021 in Nigeria, according to the National Central Bank. This is 4.75% less than in the previous quarter.
Historically, FX denominated bank loans in Nigeria reached an all time high of USD 22.4 bil in 1Q2017 and an all time low of USD 16.3 bil in 4Q2020.
Nigeria has been ranked 21st within the group of 62 countries we follow in terms of FX denominated bank loans.
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