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DPC Concludes Allied Bank Liquidation

Published by Deposit Protection Corporation

DPC Concludes Allied Bank Liquidation

DPC concluded the Allied Bank liquidation process on 13 February 2025, completing its remaining legacy bank-liquidation assignments.

Event date: 13 February 2025.

The Deposit Protection Corporation successfully concluded the Allied Bank liquidation process on 13 February 2025. This milestone marked the completion of the Corporation's remaining legacy bank-liquidation assignments and its discharge from the related liquidation responsibilities. The achievement supports DPC's continuing commitment to depositor protection, orderly resolution and financial-system stability.