CBN Regulation on the New Banking Model (Repeal of Universal Banking Guidelines)

Central Bank of Nigeria Regulation
Summary

Repealed the Universal Banking Guidelines and introduced new bank licence categories (Commercial, Merchant and Specialised, with International/National/Regional authorisation tiers) that remain the basis of bank licensing today.

Applicability

All banks; new banking licence applicants.

Open Source Document ↗
Document Details
Date Issued
09 Nov 2010
Date Effective
09 Nov 2010
Compliance Deadline
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