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The Central Bank of Nigeria (CBN) has extended the deadline for the implementation of higher capital adequacy ratio (CAR) requirements for systemically important banks (SIBs), a report has shown. The policy, which was to take effect from July 1, 2016, but has been deferred to an undisclosed date, stipulates the implementation of 16 per cent […]
CAR: CBN extends deadline for systemically important banks
Source: Business