We’ll be first to meet CBN re-capitalisation requirement – Jaiz Bank

Jaiz Bank on Tuesday said it is close to reaching its re-capitalisation requirement of N20 billion as mandated by the Central Bank of Nigeria (CBN).

Speaking at the bank’s 12th annual general meeting (AGM) on Tuesday, Haruna Musa, chief executive officer (CEO), said investors have already injected the sum of N10 billion.

Mr Musa said his bank would be the first in the country to complete the re-capitalisation requirement.

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