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Foreign Exchange Auction (WDAS)
Auction No 66 held on 8/30/2010 Total Amount Offered US$ 400,000,000.00 Total Amount Sold US$ 400,000,000.00 Number of Banks 24 Auction No 65 held on 8/25/2010 Total Amount Offered US$ 250,000,000.00 Total Amount Sold US$ 250,000,000.00 Number of Banks 25 Auction No 64 held on 8/23/2010 Total Amount Offered US$ 200,000,000.00 Total Amount Sold US$ 200,000,000.00 Number of Banks 24 Auction No 63 held on 8/18/2010 Total Amount Offered US$ 250,000,000.00 Total Amount Sold US$ 250,000,000.00 Number of Banks 22 Auction No 62 held on 8/16/2010 Total Amount Offered US$ 200,000,000.00 Total Amount Sold US$ 200,000,000.00 Number of Banks 22 Auction No 61 held on 8/11/2010 Total Amount Offered US$ 150,000,000.00 Total Amount Sold US$ 150,000,000.00 Number of Banks 19 Auction No 60 held on 8/9/2010 Total Amount Offered US$ 200,000,000.00 Total Amount Sold US$ 188,927,972.19 Number of Banks 24 Auction No 59 held on 8/4/2010 Total Amount Offered US$ 150,000,000.00 Total Amount Sold US$ 150,000,000.00 Number of Banks 17 Auction No 58 held on 8/2/2010 Total Amount Offered US$ 200,000,000.00 Total Amount Sold US$ 159,591,712.21 Number of Banks 19 Auction No 57 held on 7/28/2010 Total Amount Offered US$ 200,000,000.00 Total Amount Sold US$ 190,582,565.93 Number of Banks 21
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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.
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