FULL LIST: NDIC Begins Selling Assets Of 183 Liquidated Microfinance Banks, PMBs To Repay Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the sale of assets belonging to 179 liquidated financial institutions to pay depositors.

The NDIC said the assets were put on sale to offset deposits exceeding N250,000 which is not covered by the NDIC.

The Central Bank of Nigeria liquidated 179 microfinance banks and four primary mortgage banks.

The NDIC said in a statement released on its website that payment has commenced for depositors who provided alternate bank accounts.

The statement said, The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the underlisted 179 Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs) whose licenses were recently revoked by the Central Bank of Nigeria (CBN), wishes to inform all affected depositors that payment is ongoing for those who provided alternate bank accounts during the verification exercise.

“Depositors without alternate accounts in commercial banks and those yet to be verified, should therefore visit the nearest NDIC office with proof of account ownership and verifiable means of identification for their verification and payment.”

NDIC listed the four primary mortgage banks to be Adamawa Savings & Loans, Kogi Savings And Loans, Resort Savings & Loans and Safetrust Mortgage Bank.

Some of the affected microfinance banks are:

1. Statesman Microfinance Bank Limited
2. Mouau Vasmucs Microfinance Bank Limited;
3. Nsehe Microfinance Bank Limited
4. Ini Microfinance Bank Limited
5. Prudential Co-Operative Microfinance Bank Limited
6. Active Point Microfinance Bank Limited
7. Zawadi Microfinance Bank Limited
8. Eduek Microfinance Bank Limited
9. Aguleri Microfinance Bank Limited
10. Ejiamatu Microfinance Bank Limited
11. Nanka Microfinance Bank Limited
12. Umunne Microfinance Bank Limited
13. Awka Microfinance Bank Limited
14. Enugu-Ukwu Microfinance Bank Limited
15. Awgbu Microfinance Bank Limited
16. Akpo Microfinance Bank Limited A
17. Utuh Microfinance Bank Limited
18. Obosi Microfinance Bank Limited
19. Everest Microfinance Bank Limited
20. Uli Microfinance Bank Limited
21. Dominion Microfinance Bank Limited
22. Anya Microfinance Bank Limited
23. Bestway Microfinance Bank Limited
24. Isi Aku Microfinance Bank Limited
25. Tijarah Microfinance Bank Limited
26. Bipc Microfinance Bank Limited
27. Excellent Microfinance Bank Limited
28. Jamis Microfinance Bank Limited
29. Otukpo Microfinance Bank Limited
30. Bama Microfinance Bank Limited
31. Ngala Microfinance Bank Limited
32. Calabar Microfinance Bank Limited
33. Ogoja Microfinance Bank Limited
34. Umejei Microfinance Bank Limited
35. Ic-Global Microfinance Bank Limited
36. Iyede Microfinance Bank Limited
37. Cub Microfinance Bank Limited
38. Unifa Microfinance Bank Limited
39. Nopov Microfinance Bank Limited
40. Vibrant Microfinance Bank Limited
41. Ndiagu Microfinance Bank Limited
42. Ozizza Microfinance Bank Limited
43. Smartmicro Microfinance Bank Limited
44. Ehor Microfinance Bank Limited
45. Sbdc Microfinance Bank Limited
46. Ighomo Microfinance Bank Limited
47. Esan Microfinance Bank Limited
48. Abc Microfinance Bank Limited
49. Eksu Microfinance Bank Limited
50. Amoye Microfinance Bank Limited
51. Chidera Microfinance Bank Limited
52. Ifeanyichukwu Microfinance Bank Limited
53. Golden Funds Microfinance Bank Limited
54. Osina Microfinance Bank Limited
55. Nwabosi Microfinance Bank Limited
56. Ihioma Microfinance Bank Limited
57. Ogbe-Ahiara Microfinance Bank Limited
58. Merit Microfinance Bank Limited
59. Evangel Microfinance Bank Limited
60. Bridge House Microfinance Bank Limited
61. Greenland Microfinance Bank Limited
62. New World Microfinance Bank Limited
63. Fahimta Microfinance Bank Limited
64. Mabinas Microfinance Bank Limited
65. Kada Microfinance Bank Limited
66. Nut-Endwell Microfinance Bank Limited
67. Narict Microfinance Bank Limited
68. Northbridge Microfinance Bank Limited
69. Grassroot Microfinance Bank Limited
70. Cherish Microfinance Bank Limited
71. North Capital Microfinance Bank Limited
72. Cherish Microfinance Bank Limited
73. North Capital Microfinance Bank Limited
74. Ohon Microfinance Bank Limited
75. Kogi Microfinance Bank Limited
76. Akwengwu Microfinance Bank Limited
77. Progressive Link Microfinance Bank Limited
78. Nsehe Microfinance Bank Limited
79. Apeks Microfinance Bank Limited
80. Omu-Aran Microfinance Bank Limited
81. Ajikobi Microfinance Bank Limited
82. Crossover Microfinance Bank Limited
83. Sunrise Microfinance Bank Limited
84. Prolific Microfinance Bank Limited
85. Halmond Microfinance Bank Limited
86. Eyowo Microfinance Bank Limited
87. Arise Microfinance Bank Limited
88. Credit Afrique Microfinance Bank Limited
89. Cowries Microfinance Bank Limited
90. Oros Capital Microfinance Bank Limited
91. Primera Credit Microfinance Bank Limited
92. Purple Money Microfinance Bank Limited
93. Stallion Microfinance Bank Limited
94. Lawebod Microfinance Bank Limited
95. Fiyinfolu Microfinance Bank Limited
96. Bishopgate Microfinance Bank Limited
97. Suisse Microfinance Bank Limited
98. Virtue Microfinance Bank Limited
99. Verdant Microfinance Bank Limited
100. Echo inance Bank Limited
101. Network Microfinance Bank Limited
102. Trust One (Fomerly Desmonarchy)
103. Manny Microfinance Bank Limited
104. Surbpolitan Microfinance Bank Limited
105. Onyx Microfinance Bank Limited
106. Zikado Microfinance Bank Limited
107. Peniel Microfinance Bank Limited
108. Bancorp Microfinance Bank Limited
109. Manna Microfinance Bank Limited
110. Moneywise Microfinance Bank Limited
111. Mercury Microfinance Bank Limited
112. Pearl Microfinance Bank Limited
113. Seed Capital Microfinance Bank Limited
114. Nuture Microfinance Bank Limited
115. Mayfair Microfinance Bank Limited
116. Hackman Microfinance Bank Limited
117. Bridgeway Microfinance Bank Limited
118. Crowned Eagle Microfinance Bank Limited
119. Briyth Covenant Microfinance Bank
120. Keffi Microfinance Bank Limited
121. Josad Microfinance Bank Limited
122. Amba Microfinance Bank Limited
123. Minna Microfinance Bank Limited
124. Musharaka Microfinance Bank Limited
125. Bmazazhin Microfinance Bank Limited
126. Bibajinre Microfinance Bank Limited
127. Edumana Microfinance Bank Limited
128. Dangizhi Microfinance Bank Limited
129. Brass Microfinance Bank Limited
130. Abestone Microfinance Bank Limited
131. Interland Microfinance Bank Limited
132. West-End Microfinance Bank Limited
133. Aiyepe Microfinance Bank Limited
134. Star Microfinance Bank Limited
135. Zigate Microfinance Bank Limited
136. Ekuombe Microfinance Bank Limited
137. Fasildapo Microfinance Bank Limited
138. New Age Microfinance Bank Limited
139. Oroke Microfinance Bank Limited
140. Osogbo Microfinance Bank Limited
141. Iba Microfinance Bank Limited
142. Kjl Microfinance Bank Limited
143. Olofin-Owena Microfinance Bank Limited
144. Boluwaduro Microfinance Bank Limited
145. Idese Microfinance Bank Limited
146. Olofin Microfinance Bank Limited
147. Ola Microfinance Bank Limited
148. Sal-Fol Microfinance Bank Limited
149. Ologbon Microfinance Bank Limited
150. Joint Farmers Microfinance Bank Limited
151. First Index Microfinance Bank Limited
152. Reality Microfinance Bank Limited
153. Ifesowapo Microfinance Bank Limited
154. Oaf Microfinance Bank Limited
155. Igangan Microfinance Bank Limited
156. Dadinkowa Microfinance Bank Limited
157. Bluewhales Microfinance Bank Limited
158. Fadama Farmers Microfinance Bank Limited
159. Wase Microfinance Bank Limited
160. Moneywell Microfinance Bank Limited
161. Premium Microfinance Bank Limited
162. Royal Microfinance Bank Limited
163. Surelife Microfinance Bank Limited
164. Iwoama Microfinance Bank Limited
165. Cosmopolitan Microfinance Bank Limited
166. Gwadabawa Microfinance Bank Limited
167. Atlas Microfinance Bank Limited
168. Mainsail Microfinance Bank Limited
169. Bfl Microfinance Bank Limited
170. First Multiple Microfinance Bank Limited
171. Business Support Microfinance Bank Limited
172. Ally Microfinance Bank Limited
173. Fct Microfinance Bank Limited
174. Danels Global Microfinance Bank Limited