The Nigeria Deposit Insurance Corporation (NDIC), has commenced the first liquidity payment to depositors and ex-staff of the defunct Peak Merchant Bank.
In a statement by Director, Communication & Public Affairs of the Corporation, Bashir A. Nuhu, the verification exercise which is expected to run from 18thSeptember to 16th October, 2023,would enable depositors of the defunct bank to cross-check and ascertain their account information as well as balances with the bank as at closure.
“As the official Liquidator of the failed Banks in Nigeria, the Nigeria Deposit Insurance Corporation (NDIC), in line with its mandate wishes to inform the depositors & ex-staff (deposits) of defunct Peak Merchant Bankthat it has concluded preparations to pay their first liquidation dividend,” it said.
The deposit insurer enjoined all eligible stakeholders of the defunct bank to visit any of its offices or its website for verification of their claims.
