2005-03-30 | TED-AD-38-2005

Revised Procedures Manual for Processing Application for Bank Mergers/Takeovers

The Central Bank of Nigeria has issued a revised procedures manual for processing bank merger and takeover applications, as stated in the previous circular from December 20, 2004. The new manual, available on their website (www.cenbank.org/documents/bsdpublications.asp), highlights crucial paragraphs regarding definition of mergers/takeovers, timelines for processing and approvals, and necessary documentation requirements. Contact the helpdesk or webmaster in case of downloading issues.

Nigeria

Central Bank of Nigeria

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