Central Bank of Nigeria - Circular on CRMS Redesign


The Central Bank of Nigeria (CBN) is in the process of redesigning the Credit Risk Management System (CRMS) to enhance data integrity and promote the efficiency of the regulatory submission process.

The objective is to have the CRMS support the credit administration process in the financial services industry as well as promote the safety and soundness of the financial system in Nigeria. In this regard, banks are invited to support the project's success by nominating five staff having direct oversight of credit administration, regulatory submissions (preferably, CRMS), financial control and IT infrastructure in the respective institutions.

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Tuesday, June 23, 2015
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Central Bank of Nigeria
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