He disclosed this during a news conference on Tuesday in Abuja, while announcing the decisions of the CBN’s monetary policy committee(MPC). With the review, the new capital requirement of International Banks was raised to N500bn, National Banks capital was raised to N200bn while regional banks new capital was reviewed upward to N50bn. However, the CBN exempted banks’ reserves, shareholders’ funds and retained earnings from the capital requirement in order to inject fresh capital into the system. AdvertisementThe CBN governor also said about 14 banks have so car complied with the recapitalisation requirements. He said, “The MPC expressed satisfaction with the prevailing macroeconomic stability, evidenced by the improvements in several indicators.