Banking, Insurance and general financial services news
Credit to households increases in Q2 2020 – CBN
CBN sequesters N321.6 billion from banks in new CRR Debits
CBN grants licenses to 3 Payment Service Banks
CBN bars Payment Service Banks from accepting forex deposits
CBN urges banks to ‘support’ media, aviation industries to avert growing job losses
Banks reduce dollar spending limit on naira debit cards to $100
A higher profile for the DFIs under COVID-19
Banks’ loans to private sector increase by N3.50 trillion in one year – CBN
CBN says 22 banks to restructure over 35,000 loans due to COVID-19
Fitch forecasts that banks’ earnings will be hit hard by CBN’s CRR policy, others
Sterling Bank reveals N215 billion sequestered by CBN as CRR Debits