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CBN Suspends Access Bank, Zenith, UBA, And Others From Issuing New Loans. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Suspends Access Bank, Zenith, UBA, And Others From Issuing New Loans. (176 Views)

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CBN Suspends Access Bank, Zenith, UBA, And Others From Issuing New Loans. by Mateco556: 3:04pm On Dec 12, 2023
The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge of loan recoveries for funds granted under its various intervention schemes. The apex bank also disclosed a suspension of new loan applications under its development finance intervention funds.

The directive was conveyed through a circular addressed to bank Chief Executives and signed by Sa’ad Hamidu, the Acting Director of the Development Finance Department at...............

https://ratecaptain.com/cbn-suspends-access-bank-zenith-uba-and-others-from-issuing-new-loans/
Re: CBN Suspends Access Bank, Zenith, UBA, And Others From Issuing New Loans. by jkpbestseries: 3:39pm On Dec 12, 2023
Most of their loans are never refunded

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