Friday, June 22, 2018 9:31:48 PM- Nigerian Stock Exchange.



  CBN stress test reveals weak capital signs in banks

      

March 12 (Lagos) - A CBN stress test has shown that only large banks could withstand a further deterioration of their NPLs by up to 50%. 



The banking industry was categorized into large banks [those with assets up to N1trn (US$2.8bn) or above]; medium banks (those with assets more than N500bn but less than N1trn); and small banks (those with assets up to N500bn or below). 



None of the groups withstood the impact of a 200% rise in NPLs as their post-shock CARs fell below the 10% minimum prudential requirement. The results of the stress test were contained in the CBN’s latest (H1 2017) Financial Stability Report.







reporting for easykobo.com on Monday, March 12 2018 from Lagos, Nigeria




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