The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.
The Central Bank of Nigeria has relaxed its implementation of rules on bad loans.
Commercial banks now have four years to absorb impairments arising from the implementation of IFRS 9 accounting standards , thereby easing fears that an immediate transition would have severe repercussions for banks’ capital adequacy ratios.
The apex bank plans to introduce new capital rules in the second quarter.