Jaiz Bank, a non-interest financial institution, is poised to grow its capital base to N70 billion by the end of this year. Jaiz Bank and other non-interest banks hoping to achieve national status ...
At the bank’s Annual General Meeting (AGM) on Tuesday, July 16, the Managing Director Haruna Musa announced that the bank is only N1.3 billion short of the target. The bank had proactively raised ...
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CBN: Bank Recapitalisation Aligns Monetary, Fiscal Policies with Govt's Economic Vision
The Central Bank of Nigeria (CBN's) decision to embark on recapitalization of banks was to align monetary, fiscal policies with Federal Government's vision of prosperity for the people, businesses and ...
It took Broadway Financial Corp. nearly three years to pull off its recent recapitalization, but it looks like it was worth the wait. Since announcing the close of the deal Aug. 22, Broadway’s ...
The great bank recapitalization plan unveiled at the European heads of state summit in Brussels won’t do much to halt the slow-motion run on bank funding that has been unfolding since the summer. In ...
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