Parallex Bank exceeds CBN’s N50bn capital requirement as March 31 deadline nears

PARALLEX Bank Limited has announced that it has exceeded the Central Bank of Nigeria’s (CBN) N50 billion minimum capital requirement for regional commercial banks. In a statement released on Monday, Managing Director and Chief Executive Officer of Parallex Bank, Mr Olufemi Bakre, described the achievement as a key milestone that strengthens the bank’s financial foundation […]