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NDIC: Bank Depositors Paid N73.5Billion Dividend In 2012 – NDIC

NDIC: Bank Depositors Paid N73.5Billion Dividend In 2012 – NDIC

Staff AdminbyStaff Admin
10 years ago
in Company News
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NDIC

 

Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, Alhaji Umaru Ibrahim, said a total of N73.5bn was paid as liquidation dividends to 250,209 depositors of Deposit Money Banks in 2012.

He also said despite the daunting challenges in the nation’s financial market, the corporation paid a cumulative insured deposits of N6.82bn to 528,212 depositors of closed banks as of December 31, 2012.

Bank depositors paid N73.5bn dividend in 2012 – NDIC

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