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Bridge Bank option saves financial system from systemic risks, says NDIC

Bridge Bank option saves financial system from systemic risks, says NDIC

Omodele Adigun To curtail the spread of systemic risks that could trigger massive lay-off in the financial sector, the use of bridge bank option to resolve the failure of the defunct Skye Bank has been adjudged the most effective way.  According to the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, […]
The post Bridge Bank option saves financial system from systemic risks, says NDIC appeared first on The Sun Nigeria. …

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