The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that all is set to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of Nigeria Merchant Bank, All States Trust Bank and 12 other liquidated banks.
The Director, Communication and Public Affairs Department of the Corporation, Bashir Nuhu, disclosed this in a statement.
The other affected banks are City Express Bank, Allied Bank, Commerce Bank, North-South Bank, Cooperative and Commerce Bank. Others are Hilltop Microfinance Bank (MFB); Olomoyoyo MFB, Evo MFB, Ngwegwe MFB, Bekwarra MFB, Argungu MFB and Edet MFB.
According to the statement, stakeholders of eight of the closed banks are to receive their first round of liquidation dividend payments while those of the remaining six would be paid additional sums due to them as part of their liquidation dividends.
The NDIC called on all eligible stakeholders of the banks to visit its offices nationwide for the verification of their claims or do so on its website.
Nuhu further disclosed that the corporation has commenced the verification of depositors of 22 MFBs whose licences were recently revoked by the Central Bank of Nigeria (CBN).
He explained that the exercise is aimed at ascertaining the insured sums to eligible depositors and advised depositors of the affected MFBs to visit the closed banks’ addresses where their claims would be verified by the NDIC’s officials or visit the corporation’s portal.
