Quick Links

Social Media

Development Finance

Development Financing | Activities | Agric Credit | Commodity Surveillance | Microfinance | SMEEIS | Refinancing & Rediscounting Scheme | Infrastructure Finance | Newsletter | Microfinance Advisory Board | Financial Inclusion

Development financing

Development financing is one of the requirements for sustainable economic growth in any economy. The supply of finance to various sectors of the economy will promote the growth of the economy in a holistic manner and this, will make development, welfare improvement to proceed at a faster rate. The Central Bank of Nigeria development finance initiatives involve the formulation and implementation of various policies, innovation of appropriate products and creation of enabling environment for financial institutions to deliver services in an effective, efficient and sustainable manner. The initiatives are mainly targeted at agricultural sector, rural development and micro, small and medium enterprises.

Click here to see frequently asked questions on Development Finance

Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
See All: Facts | Events

Related Links
News Archives