CBN Unveils Exposure Draft Guidelines on Islamic Micro Finance Banks in Nigeria

CBN

12/5/2016/CBN

In response to several enquiries from persons seeking to establish Non-Interest (Islamic) Micro Finance Bank (NIMFBs) and in order to encourage the development of the microfinance subsector of the Non-Interest Finance sector so as to deepen financial inclusion, the CBN hereby releases the attached draft guidelines for the regulation and supervision of Non-Interest (Islamic) Microfinance Banks in Nigeria for inputs/comments.

Kindly send hard copies of your comments/inputs to the Director, Financial Policy and Regulation Department while soft copies should be emailed to: NIMFBcomment@cbn.gov.ng

Click here to download Exposure Draft

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