NDIC Concludes Liquidation for 89 Microfinance, Mortgage Banks
The Nigeria Deposit Insurance Corporation (NDIC) has initiated the final stages of liquidation for 89 microfinance and primary mortgage banks. This move aims to conclude the winding-up process for these financial institutions.
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FULL LIST: NDIC is concluding liquidation of these microfinance, mortgage banks
The corporation also stated that the new licensed institutions have commenced operations under new names. The post FULL LIST: NDIC is concluding liquidation of these microfinance, mortgage banks appeared first on Premium Times Nigeria.
By Omotoyosi Idowu
Read full article →NDIC commences process to conclude the liquidation of 89 MFBs, PMB
By Babajide Komolafe The Nigeria Deposit Insurance Corporation, NDIC, has commenced moves to formally conclude the liquidation of 89 defunct Microfinance Banks, MFBs, and Primary Mortgage Banks, PMBs, whose operations were successfully transferred to new owners under its Purchase and Assumption, P&A, framework. In a statement signed by its Head of Communication and Public Affairs, Hawwau […] The post NDIC commences process to conclude the liquidation of 89 MFBs, PMB appeared first on Vanguard...
By Urowayino Jeremiah
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