By Carrick Mollenkamp JPMorgan Chase & Co’s compliance with U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a wide investigation of how banks prevent transactions involving drug money and sanctioned countries. The Office of the […]
Tag: Banks
Banks Credit to Private Sector rises by 1% in July 2012-CBN
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Banking system Credits to the Private Sector has risen to N14.845 billion in July 2012 indicating a rise of 1.0 percent (1.0%). This is contained in the Central Bank of Nigeria’s (CBN’s) Economic Report for the Month of July 2012. According to the CBN’s Economic […]
Bank lending fell by 2.7% in Q2 – CBN
Aggregate net credit by banks to the domestic economy fell in the second quarter by 2.7 per cent to N13.31tn, as against the marginal decline of 0.1 per cent at the end of the preceding quarter. Latest report released by the Central Bank of Nigeria showed that the decline in […]
