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ABOUT AMCON
Corporate Overview  Mission & Vision Business Philosophy Governance Structure The AMCON Act Corporate Organogram Achievements

 

Our Vision

"To be a key stabilizing and re-vitalizing tool in the Nigerian economy."

  Download AMCON Act

 

Who We Are

Asset Management Corporation of Nigeria (AMCON) was established on the 19th July 2010, when the President of the Federal Republic of Nigeria signed the AMCON Act into Law.

AMCON was created to be a key stabilizing and re-vitalizing tool aimed at reviving the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy.

Our Mission

To positively impact and improve the economy of Nigeria by;

  1. Complementing the recapitalization of affected Nigerian banks;
  2. Providing an opportunity for banks to sell off Non Performing Loans(NPLs);
  3. Freeing up valuable resources and enabling banks focus on their core activities.
  4. To propel the lending ideology in banks again.

    5.  

 

Core Values

Core Values represent those central beliefs which guide the internal workings of the corporation namely:

  • Professionalism
  • Loyalty
  • Integrity
  • Fairness/Equity
  • Excellence

  

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