Banks implement new CBN guidelines on debt recovery

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Banks implement new CBN guidelines on debt recovery
Dailynaijamode- Nigeria News, Nigerian Newspapers. Get the Latest News and Features at Daily Post - National, Politics, Entertainment, Metro, Sport & Opinions.

Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks. Experts who spoke to our correspondent said the implementation would help to differentiate real wealthy businessmen from debtor businessmen. A former President, Trade Union Congress, […]

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