Click here to see a list of Deposit Money Banks and Financial Holding Companies operating in Nigeria By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has issued am updated list of Deposit Money Banks and Financial Holding Companies operating in Nigeria. It listed Banks with Commercial Banking Licence with […]
Tag: Deposit Money Banks
NDIC releases framework for insuring non –interest banking deposits
By Ade Ogidan, Business Editor on January 13, 2016/The Guardian Nigeria Deposit Insurance Corporation (NDIC) has developed a framework for insuring liabilities on non-interest banking deposits in the country. The development was sequel to the successful take-off of the non interest banking in Nigeria, through the current initiatives of Ja’iz, […]
Six banks lead on deposits, asset concentration, says CBN
Six of the 23 Deposit Money Banks (DMBs) dominate the banking industry in terms of deposits and asset concentration, the Central Bank of Nigeria (CBN) has said. According to a report by the CBN, the sector is dominated by a few banks as the average market share of assets and […]
