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Parallex Bank Limited has officially met and exceeded the Central Bank of Nigeria’s (CBN) new recapitalization requirements, securing a capital base beyond the ₦50 billion minimum stipulated for regional commercial banks, reports ITREALMS.
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Showing posts with label ₦50bn. Show all posts
Showing posts with label ₦50bn. Show all posts
Tuesday, March 10, 2026
Parallex bank successfully completes recapitalization, surpasses ₦50bn capital threshold - ITREALMS
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Parallex Bank Limited has officially met and exceeded the Central Bank of Nigeria’s (CBN) new recapitalization requirements, securing a capital base beyond the ₦50 billion minimum stipulated for regional commercial banks, reports ITREALMS.
The achievement marks a significant milestone in the Bank’s trajectory, reinforcing its position as a resilient and strategically sound player within Nigeria’s competitive financial landscape.
Parallex Bank Limited has officially met and exceeded the Central Bank of Nigeria’s (CBN) new recapitalization requirements, securing a capital base beyond the ₦50 billion minimum stipulated for regional commercial banks, reports ITREALMS.
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