Sequel to the nationalisation of three banks, Afribank, Bank PHB and Spring Bank, and the coming into being of Mainstreet Bank Ltd, Keystone Bank Ltd, and Enterprise Bank Ltd, the managing director of Nigerian Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has said that the banks are still open to potential investors, even as he assured that business activities of the banks would remain the same.
Ibrahim made this known yesterday in Abuja while responding to journalists’ inquiries at the end of the opening ceremony of a workshop on International Financial Reporting Standards (IFRS) organized by NDIC in conjunction with Office of the Technical Assistance of the United States of America.
On the next step for the banks, he said that they would swing into normal banking business activities with the new board already appointed and added that they would continue with their normal business. The banks are still open to new investors. We would continue to monitor, advice and provide guidelines for them to ensure that they play by the rules”.?