Accurate Asset Valuation Key to Repaying Depositors in Failed Banks – NDIC

NDIC announces liquidation of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc after CBN revokes their operating licences

By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) says accurate  valuation of assets belonging to failed banks is essential to protecting depositors and maintaining confidence in the financial system. NDIC Managing Director/Chief Executive, Thompson Oludare-Sunday, stated this during a courtesy visit by the President of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), […]

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