The application of bridge bank System according to the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, was to resolve the issue of three under-capitalised banks which in all, was in the interest of depositors and customers of the banks.
read more :http://businessnews.com.ng/2011/11/16/the-bridge-bank-system-was-to-resolve-problems-of-undercapitalization-ndic/