2015-06-24 | FPR/DIR/CIR/GEN/05/007

Circular to all Banks on the Redesign of the Credit Risk Management System

The Central Bank of Nigeria (CBN) is redesigning the Credit Risk Management System (CRMS) to improve data integrity and streamline regulatory submissions. Banks are requested to nominate staff with relevant expertise to act as liaisons and provide feedback on the current system's challenges and desired improvements. This information, along with details on borrower categorization, loan types, and collateral, should be submitted to the CBN within two weeks.

Nigeria

Central Bank of Nigeria

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