Regulatory Alerts2019-04-18 | FPR/DIR/GEN/CIR/O7/025Added · Updated
Exposure Draft of the Guidelines for Licensing and Regulation of Primary Mortgage Banks in Nigeria
The Central Bank of Nigeria (CBN) issued revised guidelines for primary mortgage banks in Nigeria to strengthen the mortgage sub-sector and complement ongoing reforms. The guidelines cover licensing, permissible and non-permissible activities, financial and governance requirements, sources of funds, and prudential requirements. CBN may vary financial requirements as needed.
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