The Central Bank Of Nigeria (CBN) Has Said That It Issued N40.67bn Loans To Memb - Business - Nairaland
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| The Central Bank Of Nigeria (CBN) Has Said That It Issued N40.67bn Loans To Memb by Azeemokoya: 5:19pm On Aug 14, 2023 |
This was according to the apex bank’s audited financial statement for 2022. There was an increase of 133.07 per cent from N17.43bn in 2021 to N40.67bn in 2022. CBN did not provide details on the number of staff members who were beneficiaries of the loan. However, information on its website provided insight into the bank’s current staff strength. The apex bank said, “From a bank-wide staff strength of 10,000 staff, excluding the over 2,000 casuals in the HQ and branches as at 1999, the bank operates with a substantially reduced staff strength of and (sic) 4,914 by December 2005, further down from 6,119 as at December 2004. It should be noted further that 79 percent of current staff are now professionals.” https://newsroundtheclock.com/cbn-reveals-staff-loans-hit-n40bn/
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| Re: The Central Bank Of Nigeria (CBN) Has Said That It Issued N40.67bn Loans To Memb by Solsix(m): 5:51pm On Aug 14, 2023 |
Hmmm, I hope due process was followed and Thier plans of repayment |
| Re: The Central Bank Of Nigeria (CBN) Has Said That It Issued N40.67bn Loans To Memb by egopersonified(f): 6:37pm On Aug 14, 2023 |
Individual loans from CBN? What are commercial banks for? |
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