Wednesday 23 September 2020
Home      All news      Contact us      ኢትዮጵያ
allafrica - 2 month ago

Nigeria: Explainer - CBN s New GSI Policy: What Bank Customers Need to Know

[Premium Times] On August 1, a new policy that will deny serial bad debtors any cover to operate went live in the Nigerian banking system. The Central Bank of Nigeria (CBN) says the Global Standing Instruction (GSI) policy will facilitate improved credit repayment culture in the c reduce non-performing loans (NPLs), and promote watch-listing of chronic loan defaulters in the Nigerian Banking System.


Latest News
Hashtags:   

Nigeria

 | 

Explainer

 | 

Policy

 | 

Customers

 | 

Sources