SPEs located in  euro area financial centres typically hold equities, manage debt issuance, and allocate funding across parent and subsidiaries. [9] Statistics on SPEs are, however, not yet sufficiently developed: these are only available for a limited set of countries, largely focus on FDI and do not follow a harmonised international definition.
The CBN and NDIC stand ready to provide every necessary support to the new Board to recapitalize the bank, and ensure that it meets the aspirations of the shareholders, depositors and the Nigerian public. This will be completed within the shortest possible time. 3. We assure all depositors of Springbank that their money is safe.