Friday 30 November 2012

Only 5 banks are healthy – NDIC


First Bank HQ, Marina
The Nigeria Deposit Insurance Corporation (NDIC) yesterday revealed that there are only five sound banks in the country, even as it stated there are no unsound banks.  Whereas 13 of the banks   are satisfactory, two of them are just marginal, says the deposit insurer. In its 2011 Annual Report and Statements of Accounts,  NDIC said the Deposit Money Banks (DMBs) were categorized
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