Experts Kick Against 45% Uniform CRR For Banks, Hail CBN’s Decision On Recapitalisation

Economic experts on Friday commended the Central Bank of Nigeria’s (CBN) new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at N500bn.

THE WHISTLER earlier reported that the new minimum capital base for commercial banks with national authorisation was pegged at N200bn, with the regional authorization moved to N50bn.