
NDIC Begins Payouts to Depositors of Failed Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced payouts to depositors of 46 failed microfinance banks. The corporation also stated that over N106 billion has been paid to Heritage Bank depositors.
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NDIC says over N106bn paid to Heritage Bank depositors
The corporation urged depositors who have yet to receive their payments to lodge their complaints via the NDIC Helpdesk portal, noting that the payment process is still ongoing. The post NDIC says over N106bn paid to Heritage Bank depositors appeared first on Premium Times Nigeria.
By Omotoyosi Idowu
Read full article →NDIC begins payouts to depositors of 46 failed MFBs
The NDIC has commenced paying insured deposits to customers of 46 failed microfinance banks, intensifying loan recoveries for uninsured balances. Read More: https://punchng.com/ndic-begins-payouts-to-depositors-of-46-failed-mfbs/
By Punch Newspapers
Read full article →We’ve started paying depositors of 46 microfinance banks — NDIC
…Over 700,000 Heritage Bank depositors paidBy Cynthia Alo The Nigeria Deposit Insurance Corporation, NDIC, has said that it commenced payment of depositors of the 46 microfinance banks whose operating licences were revoked by the Central Bank of Nigeria, CBN, in July. The Managing Director and Chief Executive Officer of NDIC, Mr. Thompson Sunday, disclosed this […] The post We’ve started paying depositors of 46 microfinance banks — NDIC appeared first on Vanguard News.
By Nwafor
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