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NDIC insures your Bank Deposits

Licenced banks are automatically covered by NDIC. Therefore, bank with confidence in any licenced bank across Nigeria. NDIC deposit insurance is backed by the NDIC Act of 2006 as amended for the purpose of insuring all deposit liabilities of licensed banks.

Our Mandate

Deposit Guarantee

NDIC guarantees the payment of deposits up to the maximum limit in accordance with its statue in the event of failure of an insured financial institution
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Bank Supervision

Giving technical and financial assistance to insured financial institutions
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Failure Resolution

Ensure that failing and failed insured institutions are resolved in a timely and efficient manner
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Bank Liquidation

The bank liquidation option is always adopted by the corporation for banks that fail to respond to prompt corrective actions
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