BusinessDay

Chart of the Day: Liquidity ratio of Nigeria banks

Zenith Bank’s high liquidity ratio shows that it would easily meet its short-term debts compared to its peers.

Read also: Lafarge records highest half-year profit in 11 years

According to Investopedia, a very high liquidity ratio could be an indication that it is focusing more on liquidity to the detriment of efficiently utilizing capital to grow and expand its business.

Get real time updates directly on you device, subscribe now.