[ad_1] The Nigeria Deposit Insurance Corporation (NDIC) has made cumulative payments of liquidation dividends of N45.45 billion as of July 2023, which represented amounts exceeding the guaranteed sums to depositors…
Tag: depositors
Tiny Bank Called Republic First Faces Test of Depositors’ Faith
[ad_1] Unlike First Republic, Republic First’s customers have stayed loyal despite a battered balance sheet. [ad_2] Source link
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
[ad_1] One of Ethereum’s top decentralized crypto trading projects, Balancer, is urging some of its customers to withdraw their tokens after the discovery of a critical vulnerability that could place…
France says Lebanese depositors may not get all their cash, minutes show
[ad_1] BEIRUT (Reuters) – A French official has said it might be difficult for Lebanon’s banks to prevent savers losing some of their deposits, according to the minutes of a…
Silicon Valley Bank Depositors Cheer Cayman Islands Court Ruling
[ad_1] Silicon Valley Bank customers with accounts in the Cayman Islands may be getting their money back. A Cayman Islands court approved a petition Thursday (June 29) that will dissolve…
SVB Depositors Who Lost Their Money Win Court Victory
[ad_1] Silicon Valley Bank’s customers in the Cayman Islands weren’t covered by a U.S. deposit guarantee program. [ad_2] Source link
These SVB Depositors Got Burned—Now They’re Fighting Back
[ad_1] Cayman Islands account holders lost their deposits but are still expected to pay back their loans. [ad_2] Source link
The Pain of Silicon Valley Bank’s Collapse Is Being Felt by These Depositors
[ad_1] Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold. Two months after the failure of…
Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue
[ad_1] Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and…
Depositors pulled $75 billion from Credit Suisse as it veered toward collapse
[ad_1] London(CNN) Credit Suisse bled customer deposits worth 67 billion Swiss francs ($75.2 billion) in the first three months of the year, and money is still leaving the bank as…