Monday 30 August 2010
- Culled from ThisdayThe Nigeria Deposit Insurance Corporation (NDIC)
said it has paid the sum of N3.3 billion out of a total insured deposit
of N5.2 billion to shareholders of failed banks.
Also, the sum of N6.1 billion out of N12 billion realised from the assets of
closed banks has been paid as liquidation dividend to depositors who had their
funds in excess of the insured.
However, a total balance of N7.8 billion is yet to be claimed.
Head, Communication and Public Relations, Alhaji H.S. Birchi, made these known
in a statement made available to THISDAY last weekend.The Corporation therefore called on depositors of
all liquidated banks who have not filed claims for their money to do so
as payment is said to be in progress.
NDIC said 11 agent banks including Afribank Plc, Bank PHB Plc, Diamond Bank
Plc, Ecobank Plc, Fidelity Bank Plc, First Bank Plc, Spring Bank Plc, United
Bank for Africa Plc, Union Bank of Nigeria Plc, Wema Bank Plc and Zenith Bank
Plc have been maintained by the corporation to accelerate payment to the
affected depositors.Besides, the Corporation said it has paid N682.8
million out of N1.005 billion in liquidation of six banks including Alpha
Merchant Bank Limited, Amicable Bank of Nigeria Limited, Merchant Bank of
Africa Limited, Nigeria Merchant Bank Limited, Pan African Bank Limited
and Rims Merchant Bank Limited to 324 creditors, leaving it with an
unclaimed balance of N323 million.
According to the statement, 444 shareholders of three banks that have declared
dividend to their shareholders have been paid the sum of N1.2 billion out of
N1.5 billion. The banks are Alpha Merchant Bank Limited, Nigeria Merchant Bank
Limited and Pan African Bank Limited. A balance of N427.3 million is yet
to be collected in this category.