Thread: Bank PHB
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Old 11th April 2008, 02:36 PM
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Quote:
Originally Posted by riskreturn View Post
In that case, the application of the rule is that you keep the first N5B plus 25% of N95B, making almost N30B altogether.
Your analysis is correct.

In the case of PHB the total application was for 13.844 billion. If u take out the 5 billion that leaves 8.444. Now 25% of 8.444 is 2.111 which is exactly the suplementary allotment of PHB.
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