CBN Revokes Licences Of Aso Savings, Union Homes To Strengthen Mortgage Sub-Sector
The Central Bank of Nigeria, CBN, has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc as part of efforts to reposition the mortgage banking sub-sector and enforce regulatory compliance. A statement by the Acting Director Corporate Communications Department of the Central Bank of Nigeria, Mrs Hakama Sidi Ali, notes that the revocation followed persistent violations of extant laws and regulatory […]
