Central Bank of Nigeria
Commercial Banks, Bank Loans, Loans and Advances
This paper has examined the maturity and security patterns of commercial bank loans and advances during the 1963-68 period. It is, perhaps, not surprising to find that most commercial bank loans are short-term. It is, however, instructive to find that up to 90 per cent of commercial bank loans granted during the period matured or were expected to mature within one year. This pattern of behaviour is observed in a developing country in which commercial banks constitute the main mobilisers and suppliers of loanable funds.
CBN Economic and Financial Review
Central Bank of Nigeria (1969). The Maturity and Security Patterns of Commercial Bank Loans and Advances: 1963-68. CBN Economic and Financial Review. 7(1), 25-122.