Bank recapitalization key to closing $120bn trade finance gap – Kale
Dr. Yemi Kale stressed the importance of bank recapitalization in addressing Africa's significant trade finance gap during the Ecobank Customer Forum.
Nigeria: Sterling Financial Holdings Confirms Full Recapitalisation of Banking Subsidiaries
Sterling Financial Holdings has confirmed the full recapitalization of its banking subsidiaries in accordance with new regulatory requirements from Nigeria's central bank.
DEAP Capital receives N1bn Banklink recapitalization boost
DEAP Capital Management & Trust Plc secured a N1bn investment from Banklink Africa, enhancing its recapitalization efforts as part of a wider N6bn commitment.
Summit Bank hits N15.3bn capital base
Summit Bank has reached a regulatory capital base of N15.3 billion, surpassing the Central Bank of Nigeria's minimum requirement for regional non-interest banks and ensuring its growth ahead of the 2026 recapitalization deadline.