LogoRegulatory Alerts
2014-01-09 | BSD/DIR/GEN/LAB/07/001

Cash Reserve Requirement Maintenance Calendar for 2014

This letter from the Director of Banking Supervision provides the cash reserve requirement maintenance calendar for 2014, following the implementation of the cash reserve regime. The calendar includes start and end dates for each period throughout the year when banks are required to maintain specific cash reserves. The schedule begins on January 8th, 2014, and ends on January 6th, 2015. Banks should follow this timeline accordingly for their cash reserve maintenance operations.

Central Bank of Nigeria logo

Nigeria

Central Bank of Nigeria

09-462-36401 09-462-36403 BSD/DIR/GEN/LAB/07/001 January 3, 2014 LETTER TO ALL BANKS CASH RESERVE REQUIREMENT MAINTENANCE CALENDAR FOR 2014 Further to the implementation of the cash reserve regime, find below the calendar for year 2014 for your information.

S/NSTART DATEEND DATE
1Wednesday, January 08, 2014Tuesday, February 04, 2014
2Wednesday, February 05, 2014Tuesday, March 04, 2014
3Wednesday, March 05, 2014Tuesday, April 08, 2014
4Wednesday, April 09, 2014Tuesday, May 06, 2014
5Wednesday, May 07, 2014Tuesday, June 03, 2014
6Wednesday, June 04, 2014Tuesday, July 01, 2014
7Wednesday, July 02, 2014Tuesday, August 05, 2014
8Wednesday, August 06, 2014Tuesday, September 02, 2014
9Wednesday, September 03, 2014Tuesday, October 07, 2014
10Wednesday, October 08, 2014Tuesday, November 04, 2014
11Wednesday, November 05, 2014Tuesday, December 02, 2014
12Wednesday, December 03, 2014Tuesday, January 06, 2015

Please be guided accordingly. A. O. IDRIS FOR: DIRECTOR OF BANKING SUPERVISION

Tags
monetary
advisory