
Protecting your bank deposits
Deposit Insurance
Insuring all deposit liabilities of licensed banks and such other financial institutions
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
ABOUT NDIC
The NDIC (Nigeria Deposit Insurance Corporation) is an independent agency of the Federal Government of Nigeria. The purpose of the deposit insurance system is to protect depositors and guarantee the settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits, thereby helping to maintain financial system stability.
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Did you know that the NDIC is a founding member of IADI? IADI was founded in 2002 to share deposit insurance expertise with the world. They set global standards for deposit insurance systems and thus contribute to the stability of financial systems. #NDIC #NDICNigeria https://t.co/...
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Did you know that the NDIC is a founding member of IADI? IADI was founded in 2002 to share deposit insurance expertise with the world. They set global standards for deposit insurance systems and thus contribute to the stability of financial systems. #NDIC #NDICNigeria https://t.co/...
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