#recapitalisation

Govt unlikely to continue with zero-coupon bond route to recap PSU banks

The government is unlikely to take zero-coupon bond route to further recapitalise public sector banks after the Reserve Bank of India (RBI) expressed some concerns in this regard, sources said. The government, they said, would resort back to recapitalisation bonds bearing a coupon rate for capital infusion in these banks. To save interest burden and ease the fiscal pressure, the government last…

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Ade Adesomoju, Abuja

The National Insurance Commission, on Tuesday, pledged to stay action on its planned recapitalisation of insurance and reinsurance companies in the country.

NAICOM gave the assurance through its lawyer, Mr Chukwuma-Machukwu Ume (SAN), when the suit challenging the process resumed before Justice Ahmed Mohammed of the Federal High Court in Abuja, on Tuesday.

The…

Govt to work on a recap plan after evaluating the impact of moratorium

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The Centre will draw the final contours of state-owned banks’ recapitalisation in the second half of the current fiscal year after ascertaining how lifting of the moratorium on loan repayment impacts the balance sheet of lenders.

“It’s somewhat early to evaluate the recapitalisation requirements of public sector banks (PSBs). The…

Croatia Airlines receives HRK100 mn from budget reserves

ZAGREB, Sept 26 (Croatia Sun News) – The Croatian government on Thursday approved a payment of HRK 100 million from budget reserves to the national flag carrier, Croatia Airlines (CA), as part of an effort to pave the way for the airline’s recapitalisation by stabilising business.

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The Effect Of Bank Recapitalisation On The Economy Of Nigeria

The Effect Of Bank Recapitalisation On The Economy Of Nigeria

  Format: Ms Word Document

Pages:   83

Price: N 3,000

Chapters: 1-5

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CHAPTER ONE

INTRODUCTION 1.1 BACKGROUND OF THE STUDY Over the years, the Nigerian economy is faced with national and global economic challenges and as such, the financial institutions, especially the banking sector has an option of sanitizing…