NDIC set to pay first liquidation dividend of defunct Peak Merchant Bank

The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to pay the depositors and ex-staff of the defunct Peak Merchant Bank their first liquidation dividend.

In a release signed by the Director, Communication and Public Affairs, NDIC, Bashir A. Nuhu, and made available to the Nigerian Tribune on Monday, the Corporation said it would carry out the exercise as the official Liquidator of the failed Banks in Nigeria.

Mr Nuhu 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 of closure.

“As the official Liquidator of the failed Banks in Nigeria, the Nigeria Deposit Insurance Corporation (NDIC), in line with its mandate, wishes to inform the depositors and ex-staff (deposits) of the defunct Peak Merchant Bank that it has concluded preparations to pay their first liquidation dividend.

“We enjoin all eligible stakeholders of the defunct bank to visit any NDIC offices or visit the NDIC Website for verification of their claims commencing from Monday, September 18th, to October 16th, 2023, while the duly completed verification forms can also be sent to the Corporation’s email address claimscomplaints@ndic.gov.ng”, Mr Nuhu stated.

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