Regulatory Alerts2005-01-10 | TED/AD/144/2004Added · Updated
Submission of Detailed Plans of Action Re: Bank Consolidation/Recapitalisation Programme
In a follow-up to the ongoing consolidation/recapitalization programme in the banking system, the Central Bank of Nigeria (CBN) requires each bank to submit their detailed plans for achieving these objectives by January 7th, 2005. The CBN will then carry out monthly monitoring against established benchmarks and publish progress reports periodically. Compliance is mandatory.
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