Strong indications emerged at the weekend that the era of grace is over for money deposit banks seeking a window of bailout for their toxic assets from the Asset Management Corporation of Nigeria (AMCON) as the corporation is no longer disposed to relieving banks of their bad debts in the last quarter of the year.
Nigeria: Amcon Not Seeking to Relieve Banks of Toxic Assets
This Day (Lagos), 25 November 2012
Strong indications emerged at the weekend that the era of grace is over for money deposit banks seeking a window of bailout for their toxic assets from the Asset Management Corporation of Nigeria (AMCON) as the corporation is no longer disposed to relieving banks of their bad debts in the last quarter of the year.
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