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Banking supervision: The prevention mechanism option
-041109
By Enitar Ugwu
AS the saying goes: prevention is better than cure. In the Nigerian banking clime, that seems to be only option left for the regulators in their bid to keep the nation's banking sector on the path of sanity.
Britain to create three new retail banks, says finance minister
-041109
BRITAIN'S government is to create three new high street banks from bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock, Finance Minister, Alistair Darling, has said.
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The role of banks in leasing industry
-041109
By Tosin Fodeke
THE banking industry remains the main source of funding for leasing activities in Nigeria. Apart from developing varieties of lease finance products, banks provide financial support for the independent leasing companies.
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