CBN Releases Exposure Draft On The Prudential Guidelines For Deposit Money Banks

Proshare

Wednesday, August 28,  2019 / 05:10PM /CBN

 

The Central Bank of Nigeria (CBN), in June 2010, issued the revised Prudential Guidelines to deposit money banks in Nigeria as part of its efforts at enhancing the quality of banks' assets.

Subsequent thereto, the Nigerian banking landscape witnessed significant changes arising from foreign exchange crisis, liquidity issues, uptick in the incidence of non-performing loans, deteriorating corporate governance practices, increasing competition from financial technology companies, review of major global prudential standards, among others.

These have necessitated a review of the Prudential Guidelines to make if potent and effective in addressing current developments. Accordingly, the CBN issues the attached draft of the reviewed Prudential Guidelines for Deposit Money Banks for stakeholders' observation and comments.

We will be delighted to receive your comments by Friday, September 20, 2019. The soft copy may be forwarded to pgreview@cbn.gov.ng.

 

Download Here - Prudential Guidelines For Commercial, Merchant And Non-Interest Banks

 

Proshare Nigeria Pvt. Ltd.


Related News

1.       CBN Releases Exposure Draft On The Prudential Guidelines For Finance Companies

2.      CBN Releases Exposure Draft On The Prudential Guidelines For Mortgage Refinance Companies

3.      CBN Releases Exposure Draft On The Prudential Guidelines For Development Finance Institutions

4.      CBN Releases Exposure Draft On The Prudential Guidelines For Primary Mortgage Banks

5.      CBN Releases Exposure Draft On The Prudential Guidelines For Microfinance Banks

6.      Manufacturing PMI Stands at 57.9% in August 2019 from 57.6% in July 2019

7.      CBN Issues Circular On The Guidelines For The Disbursement Of Lower Denomination Banknotes

8.     CBN To Disburse Lower Currencies To Microfinance Banks

9.      CBN Publishes Consumer Protection Framework Guidelines On Disclosure And Transparency

10.  CBN Releases Consumer Protection Guidelines On Responsible Business Conduct

11.   Manufacturing PMI Stands at 57.8% in May 2019 from 57.7% in April 2019

12.  CBN Requests For Information On The Proposed Payments System Vision 2030 Initiative

13.   CBN Releases Annual Activity Report 2018

14.  CBN Announces Creative Industry Financing Initiative

15.  Manufacturing PMI Stands at 57.7% in April 2019 From 57.4% in March 2019

16.  Monetary, Credit, Foreign Trade and Exchange Policy Guidelines For Fiscal Years 2018-2019

17.   CBN Grants Operators up till April 1, 2019 to Implement The Revised NCS and NICPAS

18.  CBN Releases Initial Guidance Notes on the Implementation of IFRS 9 in the OFIs sector in Nigeria

19.  CBN Releases Revised 2018 Exposure Draft For The "Regulation On End-To-End Electronic Payment"

20. CBN Publishes Banknote Fitness Guidelines

21.  CBN Deploys Consumer Complaints Management System Effective Jan 02, 2019



Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP