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The Brigde Banks By Cbn. Full Press Statement - Business - Nairaland

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The Brigde Banks By Cbn. Full Press Statement by Nobody: 9:38pm On Aug 07, 2011
CENTRAL BANK OF NIGERIA
PRESS STATEMENT
Re: Resolution of Recapitalization through Bridge Banks
The Central Bank of Nigeria (CBN) is aware of, and supports, the decision of the Nigeria Deposit Insurance Corporation (NDIC), to exercise its statutory powers under the Nigerian Insurance Deposit Corporation Act, to establish Enterprise Bank Limited, Keystone Bank Limited, and Mainstreet Bank Limited as Bridge Banks, and by Purchase,

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