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62.31% of banks' deposits maturing in a month
*Show Nigerian banks’ inability to lend for long term projects
An average of 62.31 per cent of all deposits in Nigerian banks have a maturity term of one month. This shows that most bank customers prefer to keep short term deposits with their banks, preferring to give themselves the option to renew if need be.
[Read more on Businessday Nigeria]
Added: over 1 year ago (December 06, 2011 @ 07:06PM)
Source: Businessday Nigeria
