NDIC – Protecting Your Bank Deposits

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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.

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ADDRESS BY THE MANAGING DIRECTOR/CHIEF EXECUTIVE, NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC), MR. BELLO HASSAN DURING THE CORPORATION’S SPECIAL DAY AT THE 43RD KANO INTERNATIONAL TRADE FAIR ON THURSDAY 8TH DECEMBER, 2022

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STAKEHOLDERS CANVASS SUPPORT FOR NDIC ACT AMENDMENT BILL

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NDIC receives the Bureau for Public Service Reform (BPSR) award for Ranking 3rd place in the Federal Government Scorecard for websites of Ministries, Departments, and Agencies (MDAs) category

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NDIC CRITICAL TO FINANCIAL INCLUSION ACHIEVEMENTS SHOWCASED AT INTERNATIONAL FINANCIAL INCLUSION CONFERENCE 2022

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NOTICE TO DEPOSITORS OF POST SERVICE SAVINGS & LOANS (IN-LIQUIDATION)

I sleep well at night

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

Bank Supervision

Giving technical and financial assistance to insured financial institutions

Failure Resolution

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

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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