Monday, 25 November 2024

Banks to Publish Names of Debtors on August 1

THE NATION reports that the announcement was made on Thursday by Bankers’ Committee meeting, Director, Banking Supervision, Central Bank of Nigeria (CBN) Mrs Tokunbo Martins, after a meeting of the organization.

She said, ''Total bank credit stands at between N13 trillion to N14 trillion; of this amount, about three per cent of that (N390 billion) is not performing. This means that the industry is very sound''.

''The date is drawing close to publish names of serial debtors, by 1st August, banks will publish names of debtors and we urge debtors to pay up''.

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