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NDIC invites liquidated banks’ depositors for verification, payment

The Citizen by The Citizen
November 10 2022
in Business, Headlines, Latest News
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NDIC invites liquidated banks’ depositors for verification, payment

The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has reiterated the call on depositors of 20 banks in liquidation to come forward and claim their liquidation dividend through various platforms that have been provided by the corporation.

Bello, whilst speaking at the NDIC Special day at the ongoing Lagos International Trade Fair, stated the need for customers and obligors of the affected banks to come forward before the time given for verification elapses.

Represented by the NDIC director, communication and public affairs department, Bashir Nuhu, Bello noted that the corporation, through its dogged liquidation efforts, has realised enough funds to fully pay all depositors of the listed banks.

The affected banks are; ABC Merchant Bank Limited, Allied Bank of Nigeria; Alpha Merchant Bank Plc.; Amicable Bank of Nig. Limited, Commerce Bank; Commercial Trust Bank Limited; Continental Merchant Bank Plc., Cooperative & Commerce Bank Plc.; Eagle Bank; Financial Merchant Bank Limited; Icon Limited (Merchant Bank).

Others are; Ivory Merchant Bank; Kapital Merchant Bank Limited, Mercantile Bank of Nig. Plc.; Merchant Bank of Africa Limited; Nigeria Merchant Bank Pic.; Pan African Bank Limited; Premier Commercial Bank Limited; Progress Bank of Nigeria; and Rims Merchant Bank Limited.

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