Nigeria Deposit Insurance Corporation Service Charter

Date
2013
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Publisher
Nigeria Deposit Insurance Corporation, [?]
Abstract

Purpose of the Charter; NDIC’s Mandate; Deposit Guarantee; Bank Supervision; Distress Resolution; Bank Liquidation; Vision statement; Core values and beliefs; List of services rendered; List of customers rendered service; Performance target/customer expectation; Performance monitoring of performance target; Grievance mechanism/redress for customers; Obligation of customers /stakeholder; Stakeholders participation in service provision; Future outlook.

Description
Various reforms had been instituted in the Nigerian banking industry to ensure efficiency and stability in the system. One of such reforms was the establishment of the NDIC, by Decree No 22 of 15th June 1988 to manage and operate a Deposit Insurance Scheme.
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