Signature Bank exceeds CBN’s recapitalisation threshold after raising capital to ₦52 billion

Signature Bank Limited has increased its capital base to ₦52 billion, surpassing the ₦50 billion minimum requirement set by the Central Bank of Nigeria (CBN) for regional commercial banks. This capital increase, achieved through a rights issue, positions the Bank among institutions that have complied with the regulator’s ongoing banking sector recapitalisation programme. The recapitalisation […] The post Signature Bank exceeds CBN’s recapitalisation threshold after raising capital to ₦52 bill...

By efosataiwo@vanguardngr.com