Nigeria: : Increased costs as banks align with Basel II

• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 3, 2014, págs. 61-62
• Idioma: inglés
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• Resumen

  • The article reports on the guidelines released by Central Bank of Nigeria (CBN) which implements Basel II/III recommendations of the Basel Committee on Banking Supervision that will took effect from January 2014. It says that banks have started a parallel run of the Basel II capital adequacy computation together with the Basel I requirements. It states that CBN has modified the guidelines in credit risk