The Central Bank of Nigeria has approved the merger of Unity Bank Plc and Providus Bank Limited.In a statement signed by Hakama Sidi Ali, CBN’s acting director of corporate communications, on Tuesday, the apex bank said the merger is contingent upon the financial support from CBN.
“This strategic move is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks. Also, CBN emphasised that no Nigerian bank currently faces a precarious situation comparable to that of Heritage Bank, which was recently liquidated. “The CBN’s decision underscores its dedication to maintaining financial stability and promoting confidence in the banking system during this transformative period.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
CBN approves Unity Bank, Providus Bank mergerThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Sumber: GuardianNigeria - 🏆 1. / 94 Baca lebih lajut »
CBN saves Unity Bank, clears merger with ProvidusThe Central Bank of Nigeria (CBN), yesterday, extended a financial lifeline to struggling Unity Bank Plc and gave clearance for its planned
Sumber: GuardianNigeria - 🏆 1. / 94 Baca lebih lajut »
CBN approves Unity, Providus banks’ mergerThe Central Bank of Nigeria (CBN) has granted approval for the proposed merger between Unity Bank Plc and Providus Bank Limited.
Sumber: GuardianNigeria - 🏆 1. / 94 Baca lebih lajut »
CBN approves Unity, Providus banks’ mergerThe CBN said the intervention aims to strengthen Nigeria’s financial system and prevent potential systemic risks.
Sumber: PremiumTimesng - 🏆 3. / 78 Baca lebih lajut »
JUST IN: CBN approves bailout for merger of Unity, Providus banksThe Central Bank of Nigeria (CBN) says it will offer financial support to aid the merger between Unity Bank Plc and Providus Bank Limited.
Sumber: thecableng - 🏆 2. / 80 Baca lebih lajut »
CBN approves financial accommodation for Unity, Providus banks mergerThe Central Bank of Nigeria, CBN, has approved a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. Hakama Sidi Ali, CBN’s acting Director of Corporate Communications, disclosed this in a statement on Tuesday.
Sumber: DailyPostNGR - 🏆 11. / 59 Baca lebih lajut »