Nigeria - 2022 - Finance

Other Financial Institutions Credit Risk Management Guidelines

Central Bank of Nigeria, Nigeria

These guidelines by the Central Bank of Nigeria (CBN) are directed to all other financial institutions to have customers’ accounts linked with the customer’s Bank Verification Number and Tax Identification Number. The main objective of the guide is to strengthen credit risk management in the financial sector.

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Other Financial Institutions Credit Risk Management Guidelines Current Version

October 2024

These guidelines by the Central Bank of Nigeria (CBN) are directed to all other financial institutions to have customers’ accounts linked with the customer’s Bank Verification Number and Tax Identification Number. The main objective of the guide is to strengthen credit risk management in the financial sector.

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