Nigeria - 2021 - Finance

Guidelines on Liquidity Monitoring Tools (LMT)

Central Bank of Nigeria, Nigeria

These guidelines on Liquidity Coverage Ratio (LCR) ensure that banks hold sufficient tangential high-quality liquid assets (HQLA) to survive a 30-day stress period. The assumption is that 30 days is enough time for the bank’s management and the CBN to resolve any plausible instability in the bank.