CBN’s 20% HoldCo buffer could force banks to raise N1.7 trillion—RenCap

5 days ago

Renaissance Capital (RenCap) has warned that Nigerian banks could be required to raise more than N1.7 trillion in fresh capital and undertake major restructuring of their group operations if the Central Bank of Nigeria (CBN) proceeds with its proposed Financial Holding Company (FHC) framework.

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