Nigeria Investing
Cash Reserve Ratio
Definition
What is Cash Reserve Ratio?
The proportion of eligible bank deposits that banks must hold as reserves with the central bank.
Example in practice
How This Looks in Practice
A higher CRR may reduce funds available for lending.
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Related Terms
Nigeria Investing
Nigerian Exchange
Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Nigeria InvestingNGX All-Share Index
A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.