
Central Bank of Nigeria
Regulation and Supervision of Non-interest (Islamic) Microfinance Banks in Nigeria
- Author
- Central Bank of Nigeria
- Year
- 2013
- Pages
- 45 pages
This guideline establishes minimum standards for the operation, regulation, and supervision of Non-Interest Microfinance Banks in Nigeria. It addresses Islamic commercial jurisprudence, the duties of advisory compliance committees and NIMFBs, licensing and restructuring requirements, oversight of deposit-mobilizing institutions, licence revocation, exit conditions, and risk management…