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BusinessReceiver of 347 collapse MFC turns 96 branches into operational

Date:

Receiver of 347 collapse MFC turns 96 branches into operational

As at 23rd October 2019, The Receiver has designated 96 branches of the 347 Microfinance Companies placed into receivership as operational branches to serve the customers of these institutions, as well as the customers of other MFCs whose licenses have been revoked. This information was conveyed in a press release issued by the spokesperson to the receiver, Philomena Kuzoe.

Read: EOCO investigates directors of collapsed microfinance companies

In the release, stakeholders are advised to visit any of these 96 branches for loan repayments and any other enquiries relating the receivership of their affected Microfinance Company.

The press release also sought to emphasize that the Receiver continues to make payments to depositors whose claims have been duly validated and admitted.

Debtors who have not fully settled their obligations to MFCs under the Receivership have also been encouraged to do so at operational branches in their vicinity.

Read: Customers of Boin Microfinance Limited blame BoG for their frustration

Customers and debtors have been provided with an array of telephone numbers to clarify the location of operational branches and handle any enquiries. One of such telephone numbers is 0302960197.

See list and press release below.

 

Source: Emmanuel Oscar Ugoh

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