NDIC Commences Payout Of Liquidation Dividend To Depositors Of Peak Merchant Bank

By Clement Alphonsus

The Nigeria Deposit Insurance Corporation (NDIC) has disclosed the concluded plans to begin the payment of the first liquidation dividend to depositors and ex-staff (deposits) of defunct Peak Merchant Bank.

According to a statement signed by the Director of Communication and Public Affairs, NDIC, Bashir Nuhu, yesterday, it said the verification exercise 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.

He also directed that eligible stakeholders of the defunct bank to visit any NDIC offices or visit the NDIC Website on www.ndic.gov.ng for verification of their claims commencing from September 18 to October 16, 2023

He noted that the duly completed verification forms could also be sent to the corporation’s email address at [email protected].