– To shop for additional N4trn, as CBN bans access to Shareholders’ fund Deposit Money Banks (DMBs) operating in the country were caught napping by last Thursday’s announcement by the Central Bank of Nigeria (CBN) that the new capital requirement for financial institutions shall be restricted to paid-up capital and share premium, Business Hallmark findings […]
The post Panic in banks over new capital base policy first appeared on Business Hallmark.
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