Quote:
Originally Posted by Apache
Actually, it's assets and liabilities (i think) has been acquired by UBA under the P & A scheme of NDIC. This means that former customers of trade bank will have their savings/ monies intact and can continue business as usual with UBA, however for Investors/ shareholders, it's a complete/ total loss of investment. Can someone corroborate this.
Sorry for the bad news
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Those who bought the Trade Bank Public Offer of 2005 are to get their refund at WEMA Registrars, 42/43 Marina. There was a Newspaper publication to this effect very recently.