The Role Of Nigeria Deposit Insurance Corporation In Revamping Distressed Banks In Nigeria

22 pages ID: INS0112

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Project Details

DepartmentInsurance
TypeProject
Pages22
Reference StyleYES
FormatMS Word & PDF
Reference No.INS0112

Abstract

INTRODUCTIONAs part of the reform measures taken to strengthen the supervisory framework for the banking sector, the Nigeria deposit Insurance corporation (NDIC) was established by decree N.22 of 1988. This reinforcement became imperative given the up surge in the member of licensed bank following the adoption in addition to this, there  was also the long term need to create and sustain an enabling environment that will engender sate and sound banking practices by protecting the banking system against destruction runs, protecting bank deposit (especially those of small savers) and ensurin…

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