Insured institutions (Risk Coverage Guarantee Policyholders)
Banks
S/N
|
Name
|
Status
|
Costs of coverage
|
Risk Coverage Program
|
Client's Deposits are insured to
|
1
|
Salaam Chartered Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
2
|
Stantic Bank Ltd
|
Active
|
1.0%
|
G
|
$25,000
|
3
|
MEFB Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
4
|
Diamond Private Bank Ltd
|
Active
|
1.5%
|
E
|
$100,000
|
5
|
Exim Trust Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
6
|
International Bank of Commerce Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
7
|
International Microfinance Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
8
|
CRD Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
9
|
Bank of Zanzibar Ltd
|
Active
|
1.3%
|
F
|
$50,000
|
10
|
Abak Commercial Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
11
|
Kenya Royal Bank Ltd
|
Active
|
1.3%
|
F
|
$50,000
|
12
|
International Commercial Bank Ltd
|
Active
|
1.5%
|
E
|
$100,000
|
13
|
First African Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
14
|
BTT African Banking Corporation
|
Active
|
1.9%
|
D
|
$200,000
|
15
|
United Trust Bank of Africa
|
Active
|
1.9%
|
D
|
$200,000
|
16
|
European Standard Bank
|
Active
|
2.5%
|
C
|
$2,000,000
|
17
|
Savings and Finance I Bank
|
Active
|
1.9%
|
D
|
$200,000
|
18
|
Alzania Bancorp
|
Active
|
1.0%
|
G
|
$25,000
|
19
|
Bank of Bagoda Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
20
|
Abacus Commercial Bank Ltd
|
Active
|
1.3%
|
F
|
$50,000
|
21
|
ABX Merchant Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
22
|
Allied Bank of Bermuda Plc
|
Active
|
1.9%
|
D
|
$200,000
|
23
|
Allstates Trust Bank Plc
|
Active
|
1.9%
|
D
|
$200,000
|
24
|
Alpha Merchant Bank Plc
|
Active
|
1.0%
|
G
|
$25,000
|
25
|
Amicable Bank of Nigeria Plc.
|
Active
|
1.9%
|
D
|
$200,000
|
26
|
Assurance Bank of Nigeria Plc
|
Active
|
1.3%
|
F
|
$50,000
|
27
|
Century Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
28
|
City Express Bank Plc
|
Active
|
1.3%
|
F
|
$50,000
|
29
|
Commerce Bank Plc
|
Active
|
1.9%
|
D
|
$200,000
|
30
|
Commercial Trust Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
31
|
Continental Merchant Bank Plc
|
Active
|
1.9%
|
D
|
$200,000
|
32
|
Coop. & Commerce Bank Plc
|
Active
|
1.9%
|
D
|
$200,000
|
33
|
Credite Bank Nig. Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
34
|
Crown Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
35
|
Financial Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
36
|
Great Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
37
|
Group Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
38
|
Hallmark Bank Plc
|
Active
|
1.0%
|
G
|
$25,000
|
39
|
Highland Bank of Nig Plc
|
Active
|
1.0%
|
G
|
$25,000
|
40
|
ICON Ltd. (Merchant Bankers)
|
Active
|
1.9%
|
D
|
$200,000
|
41
|
Ivory Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
42
|
Kapital Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
43
|
Lead Bank Plc
|
Active
|
1.0%
|
G
|
$25,000
|
44
|
Lobi Bank of Nig. Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
45
|
Mercantile Bank of Nig. Plc.
|
Active
|
1.5%
|
E
|
$100,000
|
46
|
Merchant Bank of Africa Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
47
|
Metropolitan Bank Ltd.
|
Active
|
1.0%
|
G
|
$25,000
|
48
|
Nigeria Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
49
|
North-South Bank Nig. Plc.
|
Active
|
1.9%
|
D
|
$200,000
|
50
|
Pan African Bank Ltd.
|
Active
|
1.0%
|
G
|
$25,000
|
51
|
Pinacle Commercial Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
52
|
Premier Commercial Bank Ltd
|
Active
|
1.9%
|
D
|
$200,000
|
53
|
Prime Merchant Bank Ltd.
|
Active
|
1.5%,
|
E
|
$100,000
|
54
|
Progress Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
55
|
Republic Bank Ltd
|
Active
|
1.5%,
|
E
|
$100,000
|
56
|
Rims Merchant Bank Ltd.
|
Active
|
1.0%
|
G
|
$25,000
|
57
|
Royal Merchant Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
58
|
Trade Bank Plc
|
Active
|
1.3%
|
F
|
$50,000
|
59
|
United Commercial Bank Ltd.
|
Active
|
1.9%
|
D
|
$200,000
|
60
|
Victory Merchant Bank Ltd.
|
Active
|
1.0%
|
G
|
$25,000
|
61
|
QB Union Bank ltd
|
Active
|
1.9%
|
D
|
$200,000
|
Finance Houses
S/N
|
Name
|
Status
|
Costs of coverage
|
Risk Coverage Program
|
Client's Deposits are insured to
|
1
|
AFLABC
|
Active
|
1.3%
|
F
|
$50,000
|
2
|
LCSZ (Under curatorship)
|
Active
|
1.0%
|
G
|
$25,000
|
3
|
SAGIB (Under Liquidation)
|
?
|
1.0%
|
G
|
$25,000
|
4
|
FinTrust
|
Active
|
1.5%
|
E
|
$100,000
|
5
|
BFZDS
|
Active
|
1.9%
|
D
|
$200,000
|
Discount Houses
S/N
|
Name
|
Status
|
Costs of coverage
|
Risk Coverage Program
|
Client's Deposits are insured to
|
1
|
ABCL
|
Active
|
1.5%
|
E
|
$100,000
|
2
|
DZC
|
Active
|
1.3%
|
F
|
$50,000
|
3
|
Highvelds
|
Active
|
1.5%
|
E
|
$100,000
|
4
|
IDHS
|
Active
|
1.5%
|
E
|
$100,000
|
5
|
NDHS
|
Active
|
1.9%
|
D
|
$200,000
|
6
|
Premier Area
|
Active
|
1.5%
|
E
|
$100,000
|
7
|
Tetrade-Pointe
|
Active
|
1.5%
|
E
|
$100,000
|
Building Societies
S/N
|
Name
|
Status
|
Costs of coverage
|
Risk Coverage Program
|
Client's Deposits are insured to
|
1
|
Beverly Star
|
Active
|
1.9%
|
D
|
$200,000
|
2
|
CABLER
|
Active
|
1.9%
|
D
|
$200,000
|
3
|
Intermarket Way
|
Active
|
1.9%
|
D
|
$200,000
|
4
|
FBA Building Society
|
Active
|
1.3%
|
F
|
$50,000
|
Credit Unions
S/N
|
Name
|
Status
|
Costs of coverage
|
Risk Coverage Program
|
Client's Deposits are insured to
|
1
|
Team Grand Co-Op CU
|
Active
|
1.9%
|
D
|
$200,000
|
2
|
Family One CU
|
Active
|
1.9%
|
D
|
$200,000
|
3
|
AT Credit Union Plus
|
Active
|
1.9%
|
D
|
$200,000
|
4
|
United Bay CU
|
Active
|
1.5%
|
E
|
$100,000
|
5
|
Sunrise Educational CU Inc
|
Active
|
1.9%
|
D
|
$200,000
|
6
|
First Catholic CU
|
Active
|
1.9%
|
D
|
$200,000
|
7
|
Community Center CU
|
Active
|
1.9%
|
D
|
$200,000
|
8
|
Sun Star CU
|
Active
|
1.9%
|
D
|
$200,000
|
9
|
Financial CU
|
Active
|
1.9%
|
D
|
$200,000
|
10
|
Consumers Financial Credit Union
|
Active
|
1.9%
|
D
|
$200,000
|
|