
Central Bank of Nigeria
Circular on Expansion of the Scope of Regional Banks in Nigeria
- Author
- Central Bank of Nigeria
- Reference No.
- FPR/DIR/GEN/CIR/07/057
- Year
- 2020
- Pages
- 1 page
This circular expands the operational scope of licensed regional banks, including commercial and non-interest banks, by requiring each institution to establish operations in an additional geopolitical zone prescribed by the Central Bank of Nigeria, while retaining the existing minimum coverage of two zones. Banks must…