NDIC Declares Nationalised Banks Safe

Following reports yesterday of a court order asking the nationalised banks to quit operations, the Nigeria Deposit Insurance Corporation and the Central Bank have assured customers of the banks that their deposits are safe, while? maintaining that no court order has been served? them on the issue.

CBN and NDIC, in a joint statement issued yesterday in Abuja, stated? that they were not aware of any such order.
The statement reads in part: “The CBN and the NDIC state categorically and with all sense of responsibility that we are not aware of any such order as no such order has been served on either the CBN or the NDIC.

“Consequently, both the CBN and the NDIC wish to inform the general public that Keystone Bank Limited, Mainstreet Bank Limited and Enterprise Bank Limited are banks duly licensed by the CBN and are thus authorised to carry on banking business.

Meanwhile, banking business was still going on in Enterprise Bank Limited and Mainstreet Bank Limited yesterday in spite of the? reported order? which barred the three nationalised banks – including Keystone Bank – from operations until the determination of the motion on notice in a suit filed by some aggrieved shareholders of the banks.

Branches of the affected banks visited by LEADERSHIP were all open for business and were seen attending to customers.