Federal finance and statistics / Central Bank of Nigeria

Sanctions for the Violation of the Decision on Maximum Deposit Rate, Lending Rate and Other Charges.

Keywords: 09 616 35433, 616 36403 09 616 36418 BSD/DIR/GEN/CIR/03/003 April 8, 2009 CIRCULAR TO ALL BANKS SANCTIONS FOR VIOLATION OF THE DECISION ON MAXIMUM DEPOSIT RATE, LENDING RATE AND OTHER CHARGES 1. It will be recalled that the Bankers’ Committee at its meeting of March 21, 2009 unanimously decided to reduce maximum deposit rate to 15 per cent per annum, lending rate to 22 per cent per annum, and other charges to 2 per cent per annum with effect from April 1, 2009 till December 31, 2009 in the interest of the banking industry. 2. However, in less than two weeks after the said Bankers’ Co…

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Source	Central Bank of Nigeria
Collection	Federal finance and statistics
Kind	Document
Publisher	Central Bank of Nigeria
Date	2009-04-08
Type	circular
Found at	https://www.cbn.gov.ng/api/GetAllCirculars
Archived copy	Look it up in the Wayback Machine
Record ID	`cbn:cbn:518e3322b8e5c09c`

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Sanctions for the Violation of the Decision on Maximum Deposit Rate, Lending Rate and Other Charges.. Central Bank of Nigeria, 2009. Vero Archive, record cbn:cbn:518e3322b8e5c09c.