NDIC Begins Dividend Payment To Depositors Of Failed Peak Merchant Bank

The Nigeria Deposit Insurance Corporation (NDIC), has announced that it has concluded plans to pay all depositors of the failed Peak Merchant Bank their liquidation dividend.

A statement today, September 18, by Bashir Nuhu, the NDIC Director of Communications and Public Affairs, asked all eligible stakeholders of the bank to visit any NDIC office or visit NDIC Website for verification of their claims, starting from today, September 18 to 1October 6, 2023.

The statement said that the verification exercise would enable depositors of the bank to cross-check and ascertain their account information as well as balances with the bank as at closure.

The NDIC said that the duly completed verification forms could also be sent to the Corporation’s email address.