The Major Financial Institutions
There are over 1000 registered institutions that provide payments/financial services in Nigeria. They include 25 consolidated deposit money banks (as at 31st December, 2005) with x branches, 5 discount houses, 759 community banks, 293 bureau- de- change, 111 finance companies, 90 primary mortgage institutions and 6 development finance institutions.
Read more about this topic: Central Bank Of Nigeria
Famous quotes containing the words major, financial and/or institutions:
“Inanimate objects are classified scientifically into three major categories—those that don’t work, those that break down and those that get lost.”
—Russell Baker (b. 1925)
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)