April 16, 2019/Fitch Ratings Banks in several ‘AAA’ rated countries face rising risk from the household sector amid a build-up of financial imbalances, Fitch Ratings says in a new report. In Australia, Canada, Norway and Sweden, high household debt amid slowing housing markets represent a growing risk to banks in […]
Mortgages
CBN Unveils Code of Corporate Governance for Primary Mortgage Banks in Nigeria in Nigeria
October 30, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Tuesday unveiled a code of corporate governance for Primary Mortgage Banks (PMBs) and other financial institutions in Nigeria. The apex bank on February 2018 issued an exposure draft on the codes of corporate governance for other financial […]
CBN Confirms 34 Licensed Primary Mortgage Banks in Nigeria
October 30, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday confirmed a list of 34 licensed primary mortgage banks (PMBs) in Nigeria as at September 30, 2018. A review of the list shows that 17 firms which make up about 50 percent of the PMBs are […]
