Nigeria: Central Bank Raises Alarm On Rising Cases of Bank Fraud Nov 5, 2009
Compliance with the prescribed minimum liquidity ratio of 30 and 60 percent by banks and discount houses respectively, was closely monitored on daily and monthly basis ... Compliance with the capital adequacy ratio requirement of banks and discount houses was also monitored throughout the year. (allAfrica.com)
Nigeria: Central Bank Releases Names of Non-Performing Debtors Aug 19, 2009
In the financial parlance, repo (Repurchase Agreement) is the sale of securities for immediate payment and the commitment by seller to buy the securities at a later date under an agreed term, while discount window is the outlet through which the CBN grants standing facilities and outright advances to the deposit money banks and discount houses. Be the first to. (allAfrica.com)
Zimbabwe: Lendings Slow Down as Banks Adjust to Dollarisation Aug 15, 2009
merchant bank and building societies -- US$5 million while finance and discount houses should have US$3,75 million. The next deadline is March 31 next year. (allAfrica.com)
Nigeria: CBN Relaxes Lending Guidelines to Boost Liquidity Jul 21, 2009
In the financial parlance, repo (Repurchase Agreement) is the sale of securities for immediate payment and the commitment by a seller to buy the securities at a later date under an agreed term, while discount window is the outlet through which the CBN grants standing facilities and outright advances to the deposit money banks and discount houses. The circular, which was signed by CBN's Director, Banking Supervision, Samuel Oni, states: "Our circular to all banks reference BOD/DIR/CIR/GEN/01/23... (allAfrica.com)
Cool Wahid takes the heat in his stride May 23, 2009
This included discount houses and money broking firms. He was also the chairman of Amanah Short Deposits Bhd and a past chairman of the Association of Discount Houses in Malaysia. (The Star Online, Malaysia -- Business)
