NDIC moves to conclude liquidation of 89 failed banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their successful acquisition by new owners under the Purchase and Assumption (P&A) resolution model executed by the Corporation.     The 89 closed banks were part of the […] read more NDIC moves to conclude liquidation of 89 failed banks

NDIC moves to conclude liquidation of 89 failed banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their successful acquisition by new owners under the Purchase and Assumption (P&A) resolution model executed by the Corporation.     The 89 closed banks were part of the […]

read more NDIC moves to conclude liquidation of 89 failed banks