2009-06-16 | BSD/DIR/GEN/CIR/03/008

Submission on Details of Exposures Incluing Commercial Papers (CPs) and Bankers Acceptances (BAs), to Transnational Corporation (Transcorp) and Virgin Nigeria Limited

The Ag. Director of Banking Supervision has issued a circular to all banks and discount houses, requesting them to submit details of their exposures, including Commercial Papers (CPs) and Bankers Acceptances (BAs), bought and sold for counter-parties in respect of Transcorp Plc and Virgin Nigeria Limited by June 19, 2009. The deadline for submission is Friday, June 19, 2009, as instructed by D. A. N. EKE, the Ag. Director of Banking Supervision.

234-9-46236403 234-9-46236418 BSD/DIR/GEN/CIR/03/008 June 15, 2009 CIRCULAR TO ALL BANKS AND DISCOUNT HOUSES SUBMISSION ON DETAILS OF EXPOSURES INCLUDING COMMERCIAL PAPERS (CPs) AND BANKERS ACCEPTANCES (BAs), TO TRANSNATIONAL CORPORATION (TRANSCORP) AND VIRGIN NIGERIA LIMITED All banks and discount houses are hereby requested to submit to the Ag. Director of Banking Supervision details of their exposures, including Commercial Papers (CPs) and Bankers Acceptances (BAs) bought and sold for counter-parties, in respect of:

  1. Transcorp Plc and 2. Virgin Nigeria Limited This information should reach the Ag. Director of Banking Supervision not later than Friday, June 19, 2009.

D. A. N. EKE AG. DIRECTOR OF BANKING SUPERVISION

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