CBN Liquidates 20 Banks - NDIC (Names Inside) - Azaland

CBN Liquidates 20 Banks - NDIC (Names Inside)

(279 reads) See also ► Livence Revocation: NDIC Assures Depositors Of Speedy Claims Payment ► These Money Habits Will Keep You Poor Forever (+ Solutions Inside)

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exBanker: Answers: 1

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November 11th, 2023, 10:11 pm

As Reported by The nation, CBN liquidates Allied Bank, Commerce Bank, Fortune Bank, Gulf Bank, Hallmark Bank, 15 others —NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.39 billion to 36,163 depositors of 110 closed microfinance banks and three primary mortgage banks.

According to the CEO of NDIC, Bello Hassan, this followed the recent revocation of some MFBs and PMBs licences by the Central Bank of Nigeria (CBN), revealing that the payments o

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