You are here

NDIC Appoints Debt Recovery Agents For Closed MFBs

Submitted by LEADERSHIP EDITORS on February 16, 2012 - 5:20am

Imported User:

The Nigeria Deposit Insurance Corporation (NDIC) has appointed Debt Recovery Agents (DRAs) for Microfinance Banks [MFBs] in liquidation to fast- track recovery of debts owed  the 103 closed MFBs nationwide.

Lagos State has the highest number of 21 recovery agents for 68 closed MFBs followed by Rivers and Ogun States with three and two agents each for six and four closed MFBs respectively.

Similarly, Oyo State has one recovery Agent for four closed MFBs while Edo State and Federal Capital Territory (FCT) have one recovery Agent for three closed MFBs each.

The rest are Delta and Enugu States with one recovery Agent for two closed MFBs each while Osun State has one recovery Agent for one closed MFB.

Add new comment

By submitting this form, you accept the Mollom privacy policy.