Access Holdings considers exiting one foreign market to meet CBN capital rules

🇳🇬 Nairametrics Nigeria (NG) —

AI Summary

Access Holdings is considering leaving at least one foreign market as it responds to Nigerian Central Bank rules limiting banks’ equity investments in overseas subsidiaries. The potential exits are presented as a capital-compliance measure; the affected markets were not specified.

Access Holdings Plc is considering exiting at least one of its foreign markets as Nigeria’s largest lender by assets moves to comply with Central Bank of Nigeria (CBN) regulations limiting banks’ equity investments in overseas subsidiaries. The post Access Holdings considers exiting one foreign market to meet CBN capital rules appeared first on Nairametrics.

Politics Markets Deals Access Holdings Nigeria banking regulation Central Bank of Nigeria foreign subsidiaries capital rules

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