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Total value of secured loans dips significantly by 54.5%

The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and ....

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Total value of secured loans dips by 54.5%

Total value of secured loans dips by 54.5%
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Total number of collateral registrations recorded in quarter 4 estimated at 6,1674

A breakdown of the registrations across the various categories of lenders showed that Savings and Loans Companies (S&Ls) dominated with 50,007 registrations in the 4th quarter of 2023, indicating an increase of 25.6% from 39,801 registrations recorded in the 4th quarter of 2022. ....

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Total value of secured loans fall 54% to GH¢5.9bn in quarter 4 – BoG

According to the 4th Quarter Collateral Registry Report, banks accounted for GH¢4.5 billion of total secured loans in quarter 4 of 2023, indicating a decline of 63.0% from the GH¢12.3 billion recorded in Q4 2022. ....

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NIRSAL Announced N1bn Facility For Integrated Poultry Farm

The Nigerian Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) Plc and Polaris Bank have provided a N1 billion working capital facility ....

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