CBN Directs Banks To Notify Customers Before Debt Recovery Moves - Politics - Nairaland
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| CBN Directs Banks To Notify Customers Before Debt Recovery Moves by Mateco556: 3:43pm On Feb 09 |
In a bid to enhance transparency and fairness in the debt recovery process, the Central Bank of Nigeria (CBN) has instructed regulated entities, particularly banks, to notify customers of outstanding obligations before commencing debt collection. This directive was issued by CBN Governor, Dr. Olayemi Cardoso, and is outlined in the revised Consumer Protection Regulations released by the apex bank on Thursday............ https://ratecaptain.com/cbn-directs-banks-to-notify-customers-before-debt-recovery-moves/ |
| Re: CBN Directs Banks To Notify Customers Before Debt Recovery Moves by Mynd44: 4:43pm On Feb 09 |
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