Its Game over for Bank PHB, Afribank and Spring Bank.
AHEAD of the September 30 deadline given rescued banks to recapitalise, the Central Bank of Nigeria (CBN) yesterday announced the revocation of the licences of Afribank, Spring Bank and Bank PHB, which were yet to sign Transaction Implementation Agreements (TIAs) with investors aimed at injecting funds to capitalise them, thereby failing to show enough commitment to the process since the new teams were named in August 2009.
The Central Bank of Nigeria (CBN) has revoked the operating licences of Afribank, Spring Bank, and BankPHB, as they have not shown capacity and ability to recapitalise before the September 30 deadline.
However, Bank PHB Plc will become Keystone Bank Limited. Keystone Bank will continue the operations of the Bank PHB.
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Posted: at 6-08-2011 02:57 AM (12 years ago) | Addicted Hero
open_reality at 6-08-2011 01:18 PM (12 years ago) (f)
Quote from: ajanni on 6-08-2011 01:12 PM
mine too at PHB
You poor fool. You've got no penny. All you've got is bomb to destroy people. (u bloody boko haram member). Just shut the f**k up and focus on ur poor akawo box. Pls get lost so reasonable people can post comments.
KINDLY IGNORE ANY TYPING ERROR, IT'S CALLED SLIP OF FINGER. R.I.P HATERS.
Posted: at 6-08-2011 01:18 PM (12 years ago) | Gistmaniac
frayobkk
DHash
malvin2525
falanaoludare
Teganto
ajanni
open_reality
R.I.P HATERS. 
acome
luqcyking
GoonishME
Unlimitedd
sammy111
brainline
Clays
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