CBN rejigs capital base, mega banks get N500bn, smaller banks N200bn

The Central Bank of Nigeria (CBN) on Thursday announced an increase in the capital base for commercial banks. The apex bank’s acting spokesperson Hakama Ali said in a statement that commercial banks with international authorisation are now required to shore up their capital base to N500 billion. Banks with national authorisation will need to meet […] The post CBN rejigs capital base, mega banks get N500bn, smaller banks N200bn appeared first on QED.NG.

  General   Mar 29, 2024   0   30  Add to Reading List
CBN rejigs capital base, mega banks get N500bn, smaller banks N200bn
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The Central Bank of Nigeria (CBN) on Thursday announced an increase in the capital base for commercial banks. The apex bank’s acting spokesperson Hakama Ali said in a statement that commercial banks with international authorisation are now required to shore up their capital base to N500 billion. Banks with national authorisation will need to meet […]

The post CBN rejigs capital base, mega banks get N500bn, smaller banks N200bn appeared first on QED.NG.

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