Banks record higher default rates on credit card, overdraft in Q4
By Lenders experienced higher default rates on credit card and on overdrafts/personal lending to households in the fourth quarter of 2018. The Central Bank of Nigeria (CBN) on Monday, released its Credit Condition Survey report conducted from November 19 to 23, 2018. The Q4 2018 credit condition survey for households, small businesses and corporate entities indicated…
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