Asset Management Corporation of Nigeria
id:
asset-management-corporation-of-nigeria-258-11374518
title:
Asset Management Corporation of Nigeria
text:
Asset Management Corporation of Nigeria (AMCON) is a body established by the Act of the National Assembly of Nigeria in July 2010 with an intended 10 years lifespan. The concept is in consonance with the operation of the National Asset Management Agency of the Republic of Ireland and Malaysia Pengurusan Danaharta.
The body acted as the buyer of banks for the Nigerian Government by acquiring the non-performing loans (NPL). The original book value of the acquired NPLs was ₦4.02 trillion at a price
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Asset_Management_Corporation_of_Nigeria
date created:
date modified:
2024-02-25T14:52:55Z
main entity:
{"identifier":"Q22906497","url":"https://www.wikidata.org/entity/Q22906497"}
image:
fields total:
13
integrity:
13