CBN plans to strengthen risk management in OFIs

CBN plans to strengthen risk management in OFIs

CBN Agric loan: Wike accuses Emefiele of denying Rivers
CBN

By Peter Egwuatu

 

The Central Bank of Nigeria (CBN) has taken moves to strengthen risk management in the financial services subsector categorized as Other Financial Institutions (OFIs), mainly mortgage banks, Finance Houses and micro-finance banks.

The move is aimed at taking holistic action against chronic debtors in the subsector.

The apex bank said that the move against bad…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *