Alert: Central Bank of Nigeria Circular BSD/DIR/PUB/14/063

Title: Guidelines On Leverage Ratio (LeR)

Summary: The circular requests financial institutions to adhere to new leverage ratio guidelines that have been introduced in September 2021. These guidelines are aimed at ensuring that financial institutions maintain a certain level of capital adequacy, proportionate to their risk exposure and business activities. Financial institutions are expected to comply with the principles outlined in the guidelines and submit the required reports in a timely manner.

Posted on: Thursday, September 02, 2021

Download: BSD/DIR/PUB/14/063