okebet bonus
Rosen Law Firm Encourages Macy's, Inc. Investors to Inquire About Securities Class Action Investigation - MIt seems like Chili's has always been around. It's the United States' leading sit-down chain restaurant specializing in Tex-Mex-inspired cuisine, but it's also a bar and grill, and a spot to grab classic American pub food. As such, Chili's is very proud of and aggressively markets several disparate menu items: margaritas, fajitas, chicken strips, big hamburgers, and ribs. It also sells all manner of sandwiches, salads, and hefty appetizer platters to suit almost everyone. Present in hundreds upon hundreds of shopping malls and suburban commercial centers, it's hard to believe that Chili's originated as a tiny, Texas-only phenomenon for years before both the business and menu rapidly expanded. By the early 2000s, Chili's was everywhere, but then began a decline that looked to be full of doom. Nowadays, Chili's is back and outdoing the competition. Here's the story of how Chili's was born, grew into a favorite spicy and boozy dining destination, fell into the brink of extinction, and crawled its way back out, surviving by the skin of . Chili inspired Chili's The eatery that grew into a chain took its name from the dish it started out with at a single location in Texas, a state where chili looms large in the cultural identity and culinary history. The Original Chili is purportedly made with the exact same combination of beef, onions, and secret spices as the initial recipe, and remains a staple of the menu at Chili's more than 45 years after the restaurant was founded. The acts of making and eating the spicy, meaty stew also had a hand in naming the restaurant. Back in 1967, Larry Lavine went to the first ever Terlingua Chili Cook-Off in Terlingua, Texas. Lavine thought about the Southwestern-style food served, as well as the fun and camaraderie on display at the event, while he considered opening an informal sit-down restaurant in 1975. Hence, the Chili Cook-Off gave way to Chili's. To attract Texans with certain expectations of a restaurant, Lavine placed chili right at the top of the menu. "It was something people would talk about," he told . "People don't talk about spaghetti and meatballs." Chili's was a brand new kind of restaurant There are a few broad and clearly differentiated categories into which most restaurants can fit into, like fast food or fine dining, and casual dining fits somewhere in between. These establishments serve mainstream, populist food in social, family-friendly, and even loud environments at prices that are cheaper than fine dining but slightly more expensive than fast food (even if the food is similar in quality and variety to the latter). Before casual dining chains like Applebee's, Red Robin, and Buffalo Wild Wings opened up hundreds of outposts around the United States, the first Chili's in Dallas largely helped create the format. "Chili's was among the first of its kind, pioneering the world of casual dining, with a full-service restaurant boasting a fun, funky, and laid back atmosphere," Jim Foster wrote in the Pioneers of Dallas County Facebook group (per ). At first, Chili's sold a menu dominated by big, messy burgers presented to customers in baskets, not on plates. Also, for what at the time was a novelty, Chili's offered mixed drinks as well as beer. In 1971, four years before Chili's opened, Texas legalized the sale of cocktails in restaurants. The first Chili's menu was brief As of 2024, Chili's menu is sprawling with options for everyone, to the point that it's broken down into 20 different sections. Created as a burger and loosely Southwestern-themed restaurant, it still sells many variants of beef on buns and Tex-Mex items, along with salads, sandwiches, pizza, ribs, fish, soup, fried appetizers, desserts, and a number of alcoholic beverages. At the first Chili's in Dallas in 1975, it was much a simpler time. The menu took up a single side of a sheet of standard-size paper, copied from a hand-written original. The bill of fare was separated into four brief categories. "Homemade Chili" included the house blend, one with beans (violating ), and one served over chips. "Burgers" counted six choices, including the basic "Oldtimer," a bun-less version, and the thickly-stacked "Terlingua Pride." The "Tacos" section consisted of soft tacos or a side of tostadas with hot sauce. The drinks menu listed three items: a frozen margarita, a homemade-style , and a mug of beer — Schlitz brand. And that was it. Margarita money is vital to the Chili's bottom line The restaurant's full, official name is Chili's Bar and Grill, implying that its extensive array of alcoholic drinks, classic cocktails, and bespoke adult beverages are as important to the chain as its food items. To match its Mexican-inspired lineup of fajitas, quesadillas, and Southwestern Eggrolls, Chili's serves up many different margaritas and margarita-like chilled drinks, such as an ever-changing "Margarita of the Month." Chili's even has its own bespoke, in-house take on the classic cold cocktail, the Presidente Margarita. Held in such esteem that Chili's trademarked the drink's name, it's constructed out of carefully selected high-end brand-name tequila, brandy, and orange liqueur, and available in a variety of fruit flavors. Every year in March, Chili's deeply discounts the Presidente Margarita to around $5, and the promotion doesn't seem to be detrimental to the chain's finances. No business in the U.S. of any kind sells more margaritas than Chili's does. If it were an independent nation, it would come third in a global ranking of countries that purchase, use, and sell the most Chili's invented the fajita effect In keeping with its foundational concept of Tex-Mex and Southwestern cuisine, fajitas get prominent placement on the menu at Chili's. It sells enough orders each year to justify a 60 million-pound fajita meat purchase, covering all three preparations on offer: steak, chicken, and shrimp. One of the ways that Chili's has made its own fajitas so popular is with some psychological trickery and indirect peer pressure. When an order of fajitas is ready to come out of the kitchen, a server carries the hot metal tray of meat as it loudly and fragrantly sizzles. This gets a lot of attention via several stimuli, and it leads other people to order fajitas, too. This happens in plenty of other restaurants, not just Chili's, and it's called "The Fajita Effect," a term coined by Joel Beckerman and Tyler Gray in their science of sound book "The Sonic Boom." Here's where the Chili's innovation comes in. A cooked plate of fajita meat doesn't really keep on making noise and emitting steam as it travels from flattop to tabletop. Chili's concocted some kitchen theatrics: The kitchen staff squirts a solution made mostly of oil onto the plated fajitas to encourage the sizzle, steam, and smells. Chili's grew after it was sold By 1983, Chili's had expanded only moderately, as a small chain of 23 restaurants in the Dallas and Houston metropolitan areas selling little more than hamburgers and chili. It was struggling, too, bringing in $1 million in annual revenue against $1 million in holdings and $8.5 million worth of debt. Chili's was saved, and ascended to its position as one of the leading casual dining restaurant chains in the United States, after a buyout and rescue from Norman Brinker. An early Jack in the Box franchisee in the 1950s so successful that he became president of the company, Brinker launched the mid-price steakhouse chain Steak and Ale in the 1960s, and then Bennigan's Grill and Tavern in the 1970s. In 1976, he sold those companies to Pillsbury, which then hired Brinker to run its new restaurant division. In the early 1980s, he tried to absorb Chili's for his employer, but after being rebuffed, he left his position and bought Chili's outright. Seeing expansion as the future of the restaurant, he brought in a massive cash infusion by offering stock in Chili's in 1984 and acting as chairman and CEO. Brinker also ordered a new menu, urging the restaurants to offer lots more items, particularly Tex-Mex favorites like fajitas. By the time Brinker retired in 2001, there were hundreds of Chili's outposts from coast to coast. The tabletop tablets were very good for business Apart from the kind of foods offered and the lack of a dress code, another thing that separates fine dining establishments from casual eateries is the presence of touchscreen kiosks on the tables across a chain's hundreds or thousands of locations. These digital portals offer many services that streamline or enhance the restaurant experience. Rather than wait for a server to approach the table, customers can put in food orders (particularly for appetizers and desserts) or play one of the included games. These are all over the casual dining sphere in the 21st century, and Chili's was the first chain to take the leap. By 2014, Chili's had placed about 45,000 Ziosk-made touchscreen tablets at around 800 locations. Research shows that patrons particularly like to use the devices to settle their checks and to impulse-buy extra items. Stores with tablets installed enjoyed a 20% increase in sales of appetizers and desserts. Chili's wants you to want the baby back ribs Both Chili's and the restaurant industry agree that its signature menu items are hamburgers, fajitas, boneless chicken strips (or "Chicken Crispers"), and margaritas. Absent from this list is the entree for which Chili's is most associated with, due to a long-running ad campaign built around an all-timer of an earworm. In 1986, Chili's, recently acquired by a restaurant consortium and making a go at being a national chain, debuted its first TV commercials to feature a jingle titled "Welcome to Chili's." It's better known by its repetitive, hooky, lyrical refrain: "I want my baby back baby back baby back" and resolution "Chili's baby back ribs / barbecue sauce." Commissioned by Austin, Texas, advertising agency GSD&M, the tune was conceived by the company's Executive Creative Director, songwriter Guy Bommarito, who got Tom Faulkner to sing the main melody and Willie McCoy to come in on the "barbecue sauce" low notes. Chili's re-recorded the song in 1996, by which point the lyrics had entered the vernacular and joined the canon of near-universally known ad jingles. In 2002, Chili's soft rebooted the campaign again, hiring boy band of the moment NSYNC to sing the song in a series of commercials. More recently, in 2022. Chili's infiltrated pop culture Even those who lived in Chili's-free places in the 1990s were aware of Chili's. The often-aired "I want my baby back baby back baby back" TV commercial song grew so entrenched that it served as a pop culture reference-meets-joke in the blockbuster comedy "Austin Powers: The Spy Who Shagged Me." The large statured villain Fast Bas**** attempts to lure and eat the very small villain Mini-Me, singing the Chili's jingle as a way to comically make his intentions known. Chili's was also vital to many of the most memorable episodes of "The Office," NBC's Americanized remake of the U.K. TV hit of the same name. Paper company branch manager Michael Scott likes to woo his clients by taking them out for abundant, boozy lunches at the local Chili's, also the setting for his Dunder Mifflin annual awards ceremonies, "The Dundies." Steve Carell, the actor who played Michael Scott, is reportedly a real-life Chili's aficionado and got into a bit of a mock-rivalry with the restaurant chain in 2010. He filmed a sketch for the ESPY Awards parodying LeBron James' "The Decision," announcing he would "take his appetite to the Outback Steakhouse" and leave behind Chili's (as James had similarly announced his move to the NBA's Miami Heat). Chili's president Wyman T. Roberts responded with an open letter (via ), joking, "This shocking act of disloyalty from our homegrown 'funny man' sends the exact opposite flavor of what we would want our children to taste." Chili's was on the decline in the 2000s and 2010s Chili's grew rapidly in the early 2000s. In 1999, about 600 locations were open for business in the U.S. and just nine years later, Chili's was a 1,312-unit mega-chain raking in most of operator Brinker International's $4.2 billion a year in revenues. Unfortunately, The Great Recession, lasting from 2007 to 2009, negatively and seriously impacted Chili's, and the casual dining industry on the whole, as many Americans lost a lot of discretionary income during that economic turndown. And slowly but consistently, Chili's-branded restaurants started to close down. Between its peak of 2008 and 2022, when Brinker International hired a new CEO to help save the company, more than 80 restaurants had gone out of business. It had made some costly moves over that time, like taking on too many menu expansions, which caused the quality of the products and dining experience to suffer. Additionally, the choice to invest heavily in takeout and delivery programs, such as when , was an expensive one. Chili's pulled itself out of the fall As fast casual restaurants have fallen or stagnated in the 2020s, Chili's is thriving. In 2024, Chili's quarterly revenues increased by nearly 15% versus 2023 figures. Umbrella company, restaurant group Brinker International, brought in $4.42 billion in fiscal 2024, the most money it ever made in a year, and more than 85% of that came from Chili's. Kevin Hochman stepped in as CEO in 2022 and oversaw a plan to make Chili's a viable, modern restaurant chain with its marketing plan. The chain also consolidated its resources and is spending less money on food by eliminating about a fifth of its menu. "That simplification has worked," Hochman told . Brinker International also reallocated some of its funds, spending $200 million to improve the quality and atmosphere of hundreds of Chili's locations. Chili's has long operated under a business model of a combination of company-owned restaurants and franchised locations. In order to get as much revenue as possible out of the eateries it didn't own outright, but merely licensed, Chili's started to buy out its franchisees. In 2019, parent company Brinker International purchased 116 mostly Midwestern locations from large-scale operator ERJ Dining in a move estimated to bring in $300 million in yearly income. Two years later, Brinker bought another 23 East Coast Chili's locations from franchisee Chesapeake Foods and 37 restaurants from Quality Dining Inc., moves that will continue to pay off for the company in the future. A combo meal saved Chili's In 2022, Chili's launched 3 For Me, a casual dining take on fast food combo meals that included a burger or chicken sandwich, fries, an appetizer (bottomless chips and salsa, soup, or a salad), and a soft drink with free refills, for $10.99. The 3 For Me brought in so much business to Chili's during its lunch hours that it allowed the company to compete with fast food chains. And when rampant inflation led to higher cost drive-through combo meals, Chili pointedly promoted the 3 For Me anew in the spring of 2024 as an alternative to fast food, reworking the deal slightly to include a revamped Crispy Chicken Sandwich or a brand new Big Smasher cheeseburger as the entree, and endless chips and salsa as the only appetizer. It all still cost $10.99 for more food for roughly the same price as eating a burger, fries, and soda in your car at lunchtime. Six months after reasserting the 3 For Me, Chili's greatly extended the deal to include 11 entrees, such as composed bowls and Chicken Crispers, and hiring competitive eater Joey Chestnut as the program's spokesperson. That expansion came just weeks after Chili's released a quarterly earnings statement. Thanks in large part to ideas like the 3 For Me, Chili's experienced a tremendous financial turnaround. The average restaurant in the chain saw annual sales volumes increase by nearly $500,000 a year over the previous 24 months. Recommended
Rico Carty, who won the 1970 NL batting title with the Atlanta Braves, dies at 85
Today is the age of online everything — online shopping, entertainment, research and arguably the most important, online dating . Thanks to traditional dating websites like eHarmony and the ever-infamous dating apps like Tinder, society is starting to lose one of its most basic social skills: having a face-to-face conversation. Am I the only one here who misses simple things like that? We’re human beings and I think it would be hard to argue that human beings are not social creatures. Our ability to express our thoughts, feelings and emotions through verbal communication is one of the unique characteristics that set us apart from every other animal on this planet. That and opposable thumbs. So why are we limiting this basic human skill to mere digital messaging where our words are oftentimes misinterpreted anyway? I’ll tell you why: We’ve become so used to digital communication that a face-to-face conversation is now scary and uncomfortable. So am I doomed in my search to meet that special someone via photoshopped pics on my phone? That’s when my roommate told me all about Aisekiya. What is Aisekiya? Aisekiya (相席屋) is a combination of the words, 相席 ( aiseki ; “sharing tables”) and 屋 ( ya ; “shop”). Take Tinder and speed-dating, mix them together and throw them into a 居酒屋 ( izakaya ; “Japanese bar”), and you’ve got yourself one Aisekiya. Walk inside and you’ll see a dimly-lit restaurant filled with table booths. However, the main purpose of these booths isn’t to order a meal. It’s so you can chat it up with your assigned pair. And the bonus is that a buffet and drinks are available as well. #score! If you’ve ever heard of 合コン ( gokon , joint dating party), this is very similar to that group dating concept, but Aisekiya is different in that the pairs meeting each other are totally random and have no connections whatsoever. Sit down at the booth, paired with a couple of guys, raise your glasses and kanpai (cheers) to a hopefully enjoyable night. How Aisekiya Works No need to set up a reservation here! You do have the option to download the Aisekiya app (new male customers can receive a discount on their first reservation), but as this is a more casual way of meeting new people, most people go without one. The first thing you’ll be asked is how many people you’re with (most people will go as pairs) and then wait to be seated in a booth. While you’re waiting, the waiter will ask for your photo ID (no one under the age of 20 is allowed in) and what you’d like to drink. For the ladies, you’ll be handed a red card (blue for boys) with a letter on it—this is like your group ID card. Once a booth has opened up, you’ll be seated in an empty booth to await your pairs or be seated in a booth with a pair of guys already sitting down. Grouping Grouping is done according to the time that you enter Aisekiya. If there are a couple of guys who enter right before/after you, chances are that they are the guys you’ll be paired up with. Keep in mind, this is group dating so if you go alone, you won’t be able to get in (go to one of “ The Single ” locations instead.) If you go in a group of three or four, they will try to group you with another group similar in numbers. That being said, pairs are the most common so I recommend going with just one bestie linked to your arm. Something worth mentioning is that I was the only foreigner in the entire izakaya. If your Japanese is a bit rusty, I highly recommend going with one of your Japanese friends. Chances are the men you’ll be paired with are Japanese, so this is a great opportunity to practice your language skills! Changing Partners Here’s where the Tinder aspect comes into play: although you can’t literally “swipe left” the moment someone you’re uninterested in sits down, you do have the power to change partners whenever you want. Unlike Tinder, however, the people you don’t want to talk to anymore are sitting right in front of you, so you can’t just be a savage and yell, “Next!” Aisekiya requires you to be a little sneaky in your tactics: “Go to the bathroom” or “get yourself another drink” and while you’re up, secretly hand your group ID card to a waiter. Within 5-10 minutes, the waiter will come to your table and say that it’s time to switch and voila! You’ve successfully swiped left. Click here to read more.
The Bangko Sentral ng Pilipinas (BSP) plans to showcase the critically endangered Ceratocentron fesselii orchid on its new polymer banknotes, an initiative that aims to improve security features and promote conservation awareness. In a Facebook post on Tuesday, Dec. 10, the BSP revealed plans to release the First Philippine Polymer (FPP) Banknote Series in the first quarter of 2025, which will showcase the country's rich biodiversity. Ceratocentron fesselii , known for its vibrant orange flowers, is found only in Luzon and Negros. The BSP stated the new series will highlight various endemic flora and fauna, with Ceratocentron fesselii as one of its stars. In a social media post last week, the BSP teased the upcoming series with silhouettes of different animals, emphasizing its commitment to producing banknotes that are "smarter, cleaner, and stronger." The central bank said this initiative aims to promote national pride and underscore the importance of protecting the country's unique species. The BSP, however, assured the public that existing paper banknotes would remain in circulation alongside the new polymer notes. While the new designs are a departure from tradition, the BSP noted that the contributions of national heroes will always be recognized.Amtrak trains between New York and Philadelphia were temporarily suspended for hours Sunday morning due to downed overhead wires blocking the tracks. The delays and cancellations come just days before the Christmas, Hanukkah and Kwanzaa holidays on Amtrak's busiest train route. Amtrak temporarily suspended all train service between New York and Philadelphia Sunday morning due to downed overhead power wires that were blocking the tracks. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are The delays and cancellations come at one of the busiest travel periods of the year, just days before the Christmas, Hanukkah and Kwanzaa holidays and as the region faces freezing temperatures. The travel suspension first occurred around 7 a.m. ET, with estimates of resumption only around noon. As of 1:30 p.m., Amtrak said they had restored two of the four tracks for service through the impacted route, with trains running at reduced speeds and delays averaging an hour. At least three trains were canceled, according to Amtrak's X updates . The Northeast Corridor is Amtrak's most-traveled route, spanning a trail of major East Coast cities from Boston to Washington, D.C. "We are doing our best to move trains in time table order in hopes of minimizing delays," Amtrak said in a statement . Money Report Donald Trump says Vladimir Putin wants a meeting as soon as possible about the war with Ukraine What Google's quantum computing breakthrough Willow means for the future of bitcoin and other cryptos Amtrak will waive additional charges for customers who change their reservation, and most customers were accommodated on other trains, according to a spokesperson. The downed wires also impacted some NJ Transit trains, according to an alert . The region is also facing the coldest temperatures for this time of year in two years, according to the National Weather Service . Also on CNBC What a government shutdown could mean for air travel From Nike to Intel, CEO departures at U.S. companies hit a record this year Tesla reverses losses to turn higher in a volatile week for the EV stockSyrian government forces withdraw from central city of Homs as insurgent offensive accelerates
Fubara Vs Wike: Appeal Court Nullifies Federal High Court Judgment Against Rivers State LG ElectionAn archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look on
Megan Fox's hunky co-star Michele Morrone responds to fan romance theory amid Machine Gun Kelly split
Patrick Mahomes and Chiefs win at the buzzer again, topping Panthers 30-27 on Shrader's field goalCopy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The speculative retail frenzy, the relentless AI disruption, the out-of-this-world crypto rally. In a year full of shocks and surprises, global markets offered investors opportunities to flourish — or flop — in equal measure. Leveraged trades in August briefly blew up. Wall Street’s big gamble on Donald Trump paid off. Hedge funds with complex strategies took hits. Investors who kept it simple — in cash or tech stocks — proved smart. Bloomberg Wealth Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Follow the topics, people and companies that matter to you. Fetching latest articles
QNA DOHA: Hamad Medical Corporation (HMC) announced that their Plastic and Orthopedic Surgery teams recently achieved a groundbreaking milestone by performing two complex surgeries to reconstruct the thigh bone and save limbs from amputation. This innovative procedure marks a first-of-its-kind medical accomplishment in Qatar. Consultant in Plastic and Reconstructive Surgery at Hamad General Hospital, Dr Mohammad Mounir stated that the highly skilled and experienced surgical team successfully treated two complex cases using this innovative technique. The first case involved a 16-year-old patient who had previously undergone multiple reconstructive surgeries following the removal of a malignant tumor in the thigh bone. He noted that the second case was a man in his thirties who suffered severe trauma to the thigh due to a vehicular accident. After both cases were referred to the surgical and plastic teams at HGH, the decision was carefully made to utilize the Capa-Masquelet technique to reconstruct the thigh bone and prevent amputation. Dr Mounir added,"This medical achievement aligns seamlessly with HMC's strategy to achieve excellence in delivering medical services and enhancing the patient experience. It is in line with Qatar's Third National Development Strategy and Qatar National Vision 2030, under which HMC is committed to adopting the latest medical technologies and providing advanced healthcare that significantly improves patients' lives". For his part, Consultant in Bone Surgery at HMC, Dr Ahmad Mounir explained that this technique is particularly well-suited for advanced cases of long bone loss, especially where reduced blood circulation hinders the success of traditional methods. By replacing lost bone and repairing gaps, the technique promotes bone healing while maintaining the same leg length. This allows patients to recover and regain mobility within a remarkably short period. Typically, patients begin to heal after about six weeks, with a return to normal activities within four to six months of surgery. He added, "The successful implementation of the Capa-Masquelet technique opens up new avenues for treating critical bone injuries, offering hope to patients facing significant challenges in improving their quality of life." The Capa-Masquelet technique represents a qualitative leap in long bone reconstruction, as it combines the benefits of the Capa-Masquelet method which uses boosting tissue to regenerate bone and the Capanna technique, which involves bone grafting. This unique approach effectively reconstructs missing bone segments, restoring strength, stability, and functionality to damaged femurs. Copy 22/12/2024 10The Nigeria Deposit Insurance Corporation (NDIC) said depositors with balances exceeding N5 million will also be paid from their liquidation dividends. The Managing Director and Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, made this known on the occasion of NDIC’s special day at the ongoing 45th Kano International Trade Fair. He said, “Over the years, the NDIC has been instrumental in promoting stability by ensuring that when banks fail, depositors are protected, and their funds are reimbursed promptly. Recent lessons from the revocation of Heritage Bank’s operating license on June 3, 2024, and ongoing reimbursement of its depositors reinforce this critical role. “The corporation began the payment of the insured deposits of N5 million per depositor within a record time of four days of the bank’s closure. This was achieved using Bank Verification Numbers (BVN) as a unique identifier to locate depositors alternate accounts in other banks without the need to fill forms or visit the NDIC offices. “Having largely reimbursed depositors their insured deposits, the corporation is committed to ensuring that depositors with balances exceeding N5 million are also paid the balance of their deposits. These uninsured deposits represent a significant portion of the total deposits in Heritage Bank. “In this regard, the corporation is already working assiduously to ensure that depositors with amounts in excess of the maximum insured amount of N5 million are paid through liquidation dividends from the realisation of the defunct bank’s assets and recovery of debts. “Additionally, the NDIC’s responsibilities extend to the creditors of the defunct bank, who will receive payments after all depositors have been fully reimbursed. This orderly process, based on asset realisation and priority of claims, is essential in maintaining public trust in the banking system and promoting financial system stability. ALSO READ: FG commits to generating $100 billion from Nigeria’s creative economy “The corporation today, 4th December 2024, commenced sales of landed properties and chattels of the bank nationwide. This process, which is by competitive public auction, shall follow laid down extant public procurement guidelines aimed at ensuring transparency, fair competition and accountability to enable recovery of commensurate values from the exercise toward payment of liquidation dividend to the uninsured depositors.” He added that the NDIC remains committed to protecting depositors from the adverse effects of bank failures by ensuring reimbursement when failures occur. “As a critical component of the financial safety-net, the NDIC reassures depositors about the safety of their funds, thereby fostering trust in the banking system and preventing the risk of bank runs during periods of uncertainty. This contributes significantly to the overall stability of the financial system. “Moreover, I encourage depositors of any closed bank, especially Heritage Bank, who are yet to receive their payments, to come forward with their BVN, proof of account ownership, verifiable means of identification, and alternative account details. Depositors can submit their claims through our various channels, including our website, email, and social media platforms, as we remain committed to ensuring the safety of depositors’ funds,” he added.
Romanians cast ballots in presidential race that could pit nationalist against leftist in a runoff
- Previous: okebet biz
- Next: okebet bonuses
