CBN revokes licences of Aso Savings, Union Homes over regulatory breaches

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. The apex bank cited persistent regulatory infractions and deteriorating financial conditions at the two primary mortgage banks. The CBN in a statement issued on Tuesday, said the decision was taken in line with Section 12 of […] The post CBN revokes licences of Aso Savings, Union Homes over regulatory breaches appeared first on Nairametrics.