The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the failed Banks in Nigeria, in line with its mandate has informed depositors and ex-staff (deposits) of defunct Peak Merchant Bank that it has concluded preparations to pay their first liquidation dividend.
According to a release signed by the Director, Communication and Public Affairs, NDIC, Bashir A. Nuhu, 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 at closure.
