Succour will soon come the way of uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation as the Nigeria Deposit Insurance Corporation (NDIC) is set to commence payment of their liquidation dividends.
This is as stakeholders of eight closed banks are to receive their first round of liquidation dividend payments, while those of the other six banks will be paid additional sums due to them as part of their liquidation dividends.
The Corporation’s Director of Communication and Public Affairs Department, Bashir Nuhu, said in a statement that the affected banks include: City Express Bank; All States Trust Bank; Allied Bank; Commerce Bank; North South Bank; and Nigeria Merchant Bank.
Others are Cooperative and Commerce Bank; Hilltop MFB; Olomoyoyo MFB; Evo MFB; Ngwegwe MFB; Bekwarra MFB; Argungu MFB; and Edet MFB.
According to the NDIC, all eligible stakeholders of the banks are expected to visit the Corporation’s offices nationwide for verification of their claims or do so on the Corporation’s website.
In a related development, the Corporation announced that its officials have commenced verification of depositors of 22 Micro-Finance Banks (MFBs) whose operating licences were recently revoked by the Central Bank of Nigeria (CBN).
It explained that the verification exercise is geared towards payment of insured sums to eligible depositors.
Depositors of the affected MFBs have been advised to visit the closed banks’ addresses where their claims would be verified by the NDIC’s officials.
They are also advised to visit the Corporation’s website for the list of the banks and to verify their claims promptly.
