African banks should adopt Nigerian regulatory model – Zimbabwean official

africa-finance

African central banks should adopt Nigeria’s approach to regulating banks, a senior official at Zimbabwe’s ministry of finance has said.

Both domestic and foreign banks should be subject to a Nigerian-style uniform regulatory framework, Joseph Mezano told Central Banking’s National Asset and Liabilities Management conference in Cape Town.

“All banks in Nigeria, whether domestic and foreign, are treated equally and supervised under a uniform framework,” Mezano said. “In the event of a liquidity

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