Bank Debtors Property Put On Sale

                                
Some Money deposit Banks in Nigeria  has compiled for sale list of  houses hotels, filling stations,schools used as collateral by  Debtors in other to recover their capital.
Names of debtors were published few days ago by some of this banks,Out of the N175.61bn being owed the banks,

 First Bank has N43.72bn non-performing loans;
 Unity Bank, 45.52bn; Access Bank, N3.4bn;
 Diamond Bank, N47.17bn;
 First City Monument Bank, N17.1bn; 
 Ecobank, N5.4bn; UBA, N9.3bn; 
 and Wema Bank, N1.26bn.


The total number of debtors published after removing some names due to last minutes renegotiation was 606, with Keystone Bank and Standard Charter Bank and others waiting to publish their list next week.
According to Punch,Sterling Bank has put up 43 properties for sale,with total value of N3bn.

The property include a five-bedroom detached house located in Magodo, Lagos, and offered for N105m; a hotel in Osogbo, Osun State, N241m; a two-wing duplex in Lekki Phase 1, N150m; a storey building in Garki, Abuja, N172m; a storey building in Ibadan, Oyo State, N30m; and a commercial/residential property in Ilorin, Kwara State, N70m.
Also, there is a storey building in Akwa Ibom State, N29m; a filling station at Owode/Idi-Iroko Road, Ogun State, N2.8m; detached blocks of flats, duplex and school halls at Asaba, Delta State, N135m; a block of flats and other adjoining property in Asaba, Delta State, N135m; a detached house in Maitama District, Abuja, N305m; and a bungalow in Benin City, Edo State, N14m.
Some estate surveyors and valuers, affirmed that they had received instructions from some of the banks to help them dispose the property which are spread across the country.