2010-07-08 | BSD/DIR/GEN/NPG/02/126

Prudential Guidelines for Deposit Money Banks

On June 8, 2010, the Director of Banking Supervision issued an updated copy of the prudential guidelines for deposit money banks in Nigeria. This final copy supersedes the previous guidelines from May 5, 2010. The new guidelines and loan loss provisioning requirements take effect on July 1, 2010. All Nigerian banks are required to strictly adhere to these guidelines.

Nigeria

Central Bank of Nigeria

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