NDIC laments debtors’ refusal to repay failed bank loans

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Nigeria’s NDIC says borrowers from failed banks are refusing to repay outstanding loans, delaying payments to depositors of liquidated financial institutions. The issue affects the recovery of assets and settlement of depositors’ claims.

The NDIC has expressed concern over debtors of failed banks refusing to repay loans, which delays payments to depositors of liquidated financial institutio Read More: https://punchng.com/ndic-laments-debtors-refusal-to-repay-failed-bank-loans/