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Daily Trust - NDIC verifies depositors of 42 failed MFBs

According to the NDIC, the CBN had revoked the operating licences of the failed MFBs since November 12, 2020.
It said the corporation as the official liquidator of the banks commenced the process of closure and payment of insured sums to verified depositors of the banks.
Thus, the corporation has requested all depositors of the closed banks to visit the respective banks’ addresses from Monday to Thursday where NDIC officials would be on ground to verify their claims.
The corporation requested eligible depositors to visit the banks’ locations with proof of account ownership such as passbook and cheque book as well as valid means of identification to enhance their verification. ....

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NDIC begins verification of depositors in failed Microfinance Banks -

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The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 Microfinance Banks (MFBs) whose operating licences were recently revoked by the Central Bank of Nigeria (CBN) with verification of their respective depositors.
This was disclosed in a statement signed by the Director, Claims Resolution Department of the Corporation, Mrs. Nurat Ajigbewu.
According to the NDIC, the CBN revoked the operating licences of the failed MFBs with effect from Thursday 12th November, 2020. Consequently, the Corporation as the official liquidator of the banks commenced the process of closure and payment of insured sums to verified depositors of the banks. ....

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NDIC begins verification of 42 failed MfBs'depositors - Latest Nigeria News, Nigerian Newspapers, Politics

NDIC begins verification of 42 failed MfBs'depositors - Latest Nigeria News, Nigerian Newspapers, Politics
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

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NDIC begins closure of 42 microfinance banks

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Following the revocation of the licences of 42 microfinance banks, on Friday, Nigeria Deposit Insurance Corporation (NDIC), on Monday, said it has commenced their closure.
The closure commenced with verification of their respective depositors.
This was disclosed in a release signed by the Director, Claims Resolution Department of the Corporation, Mrs Nurat Ajigbewu.
According to the NDIC, the CBN revoked the operating licences of the failed MFBs with effect from Thursday, November 12, 2020. Consequently, the Corporation as the official liquidator of the banks commenced the process of closure and payment of insured sums to verified depositors of the banks.
In carrying out this mandate, the Corporation has requested all depositors of the closed banks to visit the respective banks’ addresses from Monday 21st – Thursday 24th December 2020 where NDIC officials would be on the ground to verify their claims. ....

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NDIC begins verification of depositors of 42 failed MFBs

NDIC begins verification of depositors of 42 failed MFBs
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

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