2019-08-23 | FPR/DIR/GEN/PAR/02/013

Exposure Draft on the Prudential Guidelines for Mortgage Refinance Companies

The Central Bank of Nigeria (CBN) issued revised Prudential Guidelines for deposit money banks in June 2010 to enhance the quality of banks' assets. The document outlines the CBN's draft Prudential Guidelines for Mortgage Refinance Companies, which are available for review and comment. The guidelines cover credit policy, credit concentration policy, eligible collateral, lending limits, and other areas. The CBN will review the guidelines as needed and at least every five years.

Tags
capital
credit
governance
aml
kyc