Nigeria - Financial access
Commercial bank branches (per 100,000 adults)
The value for Commercial bank branches (per 100,000 adults) in Nigeria was 4.45 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 6.56 in 2010 and a minimum value of 3.78 in 2006.
Definition: Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.
Source: International Monetary Fund, Financial Access Survey.
See also:
| Year | Value |
|---|---|
| 2004 | 4.70 |
| 2005 | 4.18 |
| 2006 | 3.78 |
| 2007 | 5.21 |
| 2008 | 6.27 |
| 2009 | 6.48 |
| 2010 | 6.56 |
| 2011 | 6.41 |
| 2012 | 5.82 |
| 2013 | 5.90 |
| 2014 | 5.61 |
| 2015 | 4.98 |
| 2016 | 4.74 |
| 2017 | 4.44 |
| 2018 | 4.30 |
| 2019 | 4.78 |
| 2020 | 4.45 |
Borrowers from commercial banks (per 1,000 adults)
The value for Borrowers from commercial banks (per 1,000 adults) in Nigeria was 29.61 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 31.08 in 2014 and a minimum value of 18.55 in 2018.
Definition: Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks. For many countries data cover the total number of loan accounts due to lack of information on loan account holders.
Source: International Monetary Fund, Financial Access Survey.
See also:
| Year | Value |
|---|---|
| 2008 | 26.35 |
| 2009 | 29.44 |
| 2010 | 30.63 |
| 2011 | 27.45 |
| 2012 | 30.68 |
| 2013 | 26.50 |
| 2014 | 31.08 |
| 2015 | 29.88 |
| 2016 | 23.81 |
| 2017 | 21.79 |
| 2018 | 18.55 |
| 2019 | 25.42 |
| 2020 | 29.61 |
Depositors with commercial banks (per 1,000 adults)
The value for Depositors with commercial banks (per 1,000 adults) in Nigeria was 1,310.39 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 1,310.39 in 2020 and a minimum value of 296.17 in 2007.
Definition: Depositors with commercial banks are the reported number of deposit account holders at commercial banks and other resident banks functioning as commercial banks that are resident nonfinancial corporations (public and private) and households. For many countries data cover the total number of deposit accounts due to lack of information on account holders. The major types of deposits are checking accounts, savings accounts, and time deposits.
Source: International Monetary Fund, Financial Access Survey.
See also:
| Year | Value |
|---|---|
| 2007 | 296.17 |
| 2008 | 311.85 |
| 2009 | 464.48 |
| 2010 | 472.65 |
| 2011 | 504.61 |
| 2012 | 644.44 |
| 2013 | 650.69 |
| 2014 | 653.35 |
| 2015 | 667.46 |
| 2016 | 813.92 |
| 2017 | 923.23 |
| 2018 | 1,013.71 |
| 2019 | 1,127.68 |
| 2020 | 1,310.39 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Access
