By Opeyemi Abdulsalam The NDIC has identified a issue with former Heritage Bank customers’ account names not matching their BVN records, leading to delays in refunding their deposits. According to the NDIC, discrepancies in account names associated with former Heritage…
The Nigeria Deposit Insurance Corporation (NDIC) says account names discrepancies in Bank Verification Number (BVN) linked alternate account of some defunct Heritage Bank customers is delaying the payment of their insured deposits. Mr Bello Hassan, the Managing Director of NDIC told…
The Nigeria Deposit Insurance Corporation has listed the head office in Lagos and branches of failed Heritage Bank across the country for sale in its role as liquidator of the bank. NDIC announced the sale of the bank properties numbering…
The House of Representatives has resolved to review the law establishing the Nigerian Deposit Insurance Corporation, NDIC, and increase the compensation payable to depositors of failed banks. This resolution was reached on Tuesday following the adoption of a motion moved…
Customers of the defunct Heritage Bank converged at the bank’s headquarters in Lagos to seek information regarding the commencement of their deposit repayments. Our correspondent observed that security personnel barred customers entry into the building. Customers however expressed frustration while…
By Matthew Denis The Managing Director and Chief Executive Officer of Nigeria Deposit Insurance Corporation (NDIC), Mr. Hassan Bello, has disclosed that the Corporation will commence the payment of Heritage Bank 2.3 million depositors this week. He made disclosure during…
By Esther Agbo The Nigerian Deposit Insurance Commission (NDIC) has begun the liquidation process of failed Heritage Bank, with verification and payment of deposits to the bank’s customers. This is happening after its appointment as liquidator of the Bank, by…
…Advises depositors on next step By Matthew Denis The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank, assuring it will pay depositors of the failed bank N5million insured deposits. Director of Communication & Public Affairs, Bashir…
My Matthew Denis The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank, assuring it will pay depositors of the failed bank N5million insured deposits. Director of Communication & Public Affairs, Bashir Nuhu, disclosed this in a…
Amidst concerns by bank customers about the financial state of Heritage Bank, one of Nigeria’s Deposit Money Banks (DMBs), the bank says all is well. According to a recent statement by Ozena Utulu, its Corporate Communication Manager, Heritage Bank said…
