Regulatory Alerts2025-06-13 | BSD/DIR/PUB/LAB/018/007ADDITIONAL GUIDE TO THE PROVISION OF INFORMATION ON CREDIT PRINTOUT
The Central Bank of Nigeria (CBN) has issued an additional guide to all banks regarding the provision of information on credit printouts. This guide aims to ensure consistency and uniformity in the credit information provided to examiners during onsite examinations. Key points include maintaining the same contract number and date granted throughout the loan duration, and limitations on yearly and bullet repayment frequencies for facilities to no more than 10% of the loan portfolio, subject to specific conditions.
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credit