LAGOS The Nigeria Deposit Insurance Corporation (NDIC) has raised the maximum deposit insurance coverage for all licensed deposit-taking financial institutions to prevent banks from unnecessary risk-taking and moral hazard Deposit insurance coverage refers to the protection provided to depositors in deposit -taking financial institutions in case the financial institution fails or goes bankrupt. This
'ndic's New Maximum Deposit Insurance Coverage Will Prevent Banks From Unnecessary Risk-taking, Moral Hazard'
13 Days(s) Ago 👁 59
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