A Synopsis of Consumer Lending Patterns in Formal Financial Institutions and Lenders’ Responses to Regulatory Reforms in Nigeria

Philemon Iko-Ojo Omede ()
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Philemon Iko-Ojo Omede: Veritas University

Chapter Chapter 6 in Nigerian Consumer Credit, 2022, pp 187-229 from Palgrave Macmillan

Abstract: Abstract This chapter seeks to understand the behaviours of formal lenders in NigeriaNigeria as they respond to credit policyPolicy changes introduced by national regulators. NigeriaNigeria, like many developing countries, eagerly adopts international principles, codes, and guidelines for regulating financial markets sometimes on a voluntary or mandated basis.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-031-11740-4_6

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DOI: 10.1007/978-3-031-11740-4_6

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