Nigeria : Publication of Financial Sector Assessment Program Documentation––Detailed Assessment of Compliance of the Basel Core Priciples for Effective Banking Supervision

Publication Date: May 28, 2013
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Summary: The assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.
Series: Country Report No. 13/146
Subject(s): Bank supervision | Banking sector | Basel Core Principles | Reports on the Observance of Standards and Codes | Financial Sector Assessment Program | Nigeria

Publication Date: May 28, 2013
ISBN/ISSN: 9781484363287/1934-7685 Format: Paper
Stock No: 1NGAEA2013008 Pages: 153
US$18.00 (Academic Rate:
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