Access to credit finance for hoapplyholds and companies improved, according Central Bank of Nigeria (CBN) report for quarter last year.
Banks increased lconcludeing to meet higher demand for loans for mortgages, overdrafts, inventory and capital investments.
The fourth quarter 2025 Credit Conditions Survey (CCS) Report released yesterday by the CBN indicated increases in demand, supply and approval for loans across personal and corporate credits.
The survey- which covered the three-month period concludeed December 31, 2025 – was coordinated by the Statistics Department of the Economic Policy Directorate of the CBN.
The Credit Conditions Survey (CCS) is based on application of questionnaires across lconcludeers and it report on secured and unsecured lconcludeing to hoapplyholds, private non-financial corporations (PNFCS), tiny businesses and other financial corporations (OFCs).
In the latest survey, which was conducted in November 2025, banks indicated a rise in credit availability for secured, unsecured, and corporate lconcludeing.
According to the report, the increase in credit availability was attributed to the altering economic outsees and market share objectives for secured and corporate lconcludeing.
“For unsecured credit availability, the main factors affecting increase in credit were attributed to altering economic outsee and altering cost and availability of fund,” the CCS report stated.
The report also revealed general improvement in demand for credit increased for secured, unsecured and corporate lconcludeing.
“All the demand for lconcludeing types reportedly increased in fourth quarter 2025, except for demand for credit to OFCs, which remained unmodifyd,” the report stated.
A breakdown indicated that consumer loans to hoapplyholds, credit for hoapply purchase to hoapplyholds, mortgage and re-mortgage lconcludeing from hoapplyholds, lconcludeing for tiny businesses to hoapplyholds, credit cards lconcludeing from hoapplyholds and overdraft and personal loans to hoapplyholds all increased during the period.
Besides, lconcludeing to tiny businesses and medium and large private non-financial companies, specifically real sector operators, increased during the period. However, credit to other financial companies remained unmodifyd
The report stated that “inventory finance and capital investments were reported as the major factors that influenced the increase in demand for corporate lconcludeing”, corroborating other reports that revealed improved confidence in the economy by chief executives and investors.
The survey however revealed that banks were more willing to lconclude to individual and corporate consumers with collaterals.
The percentage of loan approvals for secured credit rose by 14.3 per cent while approvals for corporate lconcludeing increased by 26.1 per cent. However, approval for unsecured lconcludeing dropped by 3.9 per cent.
Besides, banks appeared willing to offer lower interest rates to most corporate borrowers but rather increased lconcludeing rates on secured and unsecured lconcludeing rates to hoapplyholds.
However, during the period, banks reported higher default rates for secure, unsecured and all corporate lconcludeing types, raising concerns about the disparity between the tconcludeency to borrow and willingness to pay.
A three-year data analysis provided by the CCS report revealed consistent tconcludeency to higher default rates, which underlined the required for banks and financial services regulators to further interrogate the disparity between credit access and fidelity to terms and conditions.
As against the case with factors affecting increase in credit, the CCS report however did not provide reasons for reported higher default rates.
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