Full list of 42 Collapsed Microfinance Banks in Nigeria; Contact NDIC for Claims

Full list of 42 Collapsed Microfinance Banks in Nigeria; Contact NDIC for Claims

A notice from the NDIC (Nigeria Deposit Insurance Corporation) on collapsed microfinance banks in Nigeria.

  • “This is to inform the depositors, creditors, shareholders and the general public that the operating licenses of the under listed forty-two (42) Microfinance Banks (MFBs) have been revoked by the Central Bank of Nigeria (CBN), effective 12th November 2020.

  • “The Nigeria Deposit Insurance Corporation (NDIC), the Official Liquidator of the banks whose licenses were recently revoked, is in the process of closing the listed banks and pay their insured Depositors.

  • “We, therefore, request that all depositors of these banks should visit the closed banks’ addresses and meet NDIC officials for the verification of their claims, commencing from Monday, 21st December 2020 till Thursday, 24th December 2020.

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