Aug 6, 07:29 PM

CBN Approves First Bank Merger Under New Rules: Unity and Providus

The Central Bank of Nigeria (CBN) has approved the merger of Unity Bank Plc and Providus Bank. This marks the first bank merger under the CBN's new capital rules. The approval includes financial accommodation to facilitate the merger process.

#Central Bank of Nigeria #CBN #Unity Bank Plc #Providus Bank

Written with ChatGPT (GPT-4o).

Sources

Bloomberg Markets@markets
2 years ago
The Central Bank of Nigeria approved its first bank merger under its new capital rules https://t.co/vZtTghRQpP
Bloomberg@business
2 years ago
The Central Bank of Nigeria approved its first bank merger under its new capital rules https://t.co/JidXy2T8qD
Daily Trust@daily_trust
2 years ago
CBN approves merger of Unity, Providus banks https://t.co/GJiRV8OQUm

CBN Approves First Bank Merger Under New Rules: Unity and Providus

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