News Formal

NOVA opens new branch, says shareholders will provide more investment to meet capital requirement

  • 📰 thecableng
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Adebowale Oyedeji, the managing director of NOVA Bank Limited, says shareholders have pledged to provide more capital to support the operations of the firm.

byBabajide Sanwo-Olu, governor of Lagos, performing the opening ceremony of NOVA's first branch as a national commercial bank.

The capital base for commercial banks with international licences was raised to N500 billion, while the minimum capital requirements for national and regional licence holders were pegged at N200 billion and N50 billion, respectively. “We have our shareholders, who last year, brought in additional capital to enable us scale the huddle to operate as a commercial bank today,” Oyedeji said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker