Home Business Money NDIC Begins Verification Of Depositors In 3 Failed Micro-Finance Banks
Money

NDIC Begins Verification Of Depositors In 3 Failed Micro-Finance Banks

Share
NDIC Logo
Share

The Nigeria Deposit Insurance Corporation (NDIC) said it will kick start c the claims verification of depositors of the three Micro-finance Banks (MFBs) whose licences were revoked by the Central Bank of Nigeria (CBN). 

The corporation made this known via its official website, that the exercise would take place between May 9 and 20. 

The Corporation listed the banks to include Gufax MFB, Sapphire MFB, both located in Uyo, Akwa Ibom State, and ICB MFB, located in Asaba, Delta State. 

It however urged concerned depositors to visit the closed banks’ addresses to meet with NDIC officials for the verification of their claims. 

While urging eligible depositors to also visit the Corporation’s website on  www.ndic.gov.ng/claims/ to download and fill out the claims form. 

The notice further reads that the completed forms along with scanned copies of supporting documents should be emailed to claimscomplaints@ndic.gov.ng

”NDIC, the official liquidator of the underlisted defunct Microfinance Banks (MFBs) whose licences were revoked, is in the process of paying insured depositors. 

”Depositors of ICB MFB should come forward for verification and payment of their insured deposits at the premises of the closed bank from May 9 to 20, 2022,” the Corporation said. 

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

FG, States, LGCs Share N1.424trillion For December, 2024

The Federation Account Allocation Committee (FAAC), at its December 2024 meeting chaired...

Ecobank Partners With CreditCorp To Offer Affordable Financing To Customers             

Ecobank Nigeria has partnered with the Nigerian Consumer Credit Corporation (CrediCorp) to...

2025 Budget: ₦8.9bn Budget For Information Ministry Inadequate- Senate

The Federal Ministry of Information and National Orientation, budget of ₦8.9 billion...

CBN Fines Zenith Bank, Fidelity, Others For Not Dispensing Cash Via ATMs

The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs)...