23 November 2015, Lagos – The Central Bank of Nigeria (CBN) has given three commercial banks until June 2016 to recapitalise after they failed to meet the minimum Capital Adequacy Ratio (CAR) of 10 per cent. The CBN explained at the weekend, that 14 banks have licenses to operate as regional and national lenders with respective […] More »
CBN: Three banks fail capital adequacy test
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