NDIC reimburses Heritage Bank customers with less than N5m deposits

Bashir Nuhu News

NDIC reimburses Heritage Bank customers with less than N5m deposits
Heritage BankNDIC
  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 68 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 94%

The Nigeria Deposit Insurance Corporation (NDIC) said it has reimbursed 82.36 per cent of the customers of the defunct Heritage Bank

The Nigeria Deposit Insurance Corporation said it has reimbursed 82.36 per cent of the customers of the defunct Heritage Bank with deposits below the N5 million maximum insured deposit. Disclosing this in a statement yesterday, Director, Communications and Public Affairs, NDIC , Bashir Nuhu , said this was achieved through the use of BVN-linked…The Nigeria Deposit Insurance Corporation said it has reimbursed 82.

However, depositors with balances exceeding N5 million have been paid the initial insured sum of N5 million, while the remaining balances will be paid as liquidation dividends upon realisation of the defunct bank’s assets and recovery of debts owed to the defunct bank The Nigeria Deposit Insurance Corporation said it has reimbursed 82.36 per cent of the customers of the defunct Heritage Bank with deposits below the N5 million maximum insured deposit. Disclosing this in a statement yesterday, Director, Communications and Public Affairs, NDIC, Bashir Nuhu, said this was achieved through the use of BVN-linked…

With staggering 94% coverage, we'll sustain tempo, says govt Ondo State Government has described as impressive the coverage recorded in the vaccination of teenage girls against Human Pappiloma Virus in the state. The state government, while vowing to sustain the tempo recorded in the vaccination against the deadly cervical cancer, which had been incorporated…

Delta State Police Command has confirmed the release of the kidnapped former Commissioner for Technical Education, Joan Onyemachi Mrakpor, putting to rest speculations about her fate. Mrakpor , was reportedly kidnapped by unknown gunmen last Tuesday at about 4:30 p.m. inside the hall of King Jesus and I Church located on Ogajifo Street,…

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

GuardianNigeria /  🏆 1. in NG

Heritage Bank NDIC

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Heritage Bank: Payments other than insured deposits subject to asset liquidationHeritage Bank: Payments other than insured deposits subject to asset liquidationThe Nigeria Deposit Insurance Corporation, NDIC, has notified customers of the defunct Heritage Bank that all payments other than that of insured deposits, are subject to availability and realisation of assets of the bank in the form of liquidation dividend. The NDIC in a statement by its Director of Communication and Public Affairs, Bashir A.
Read more »

Heritage Bank: 17.6% of depositors unpaid due to verification issuesHeritage Bank: 17.6% of depositors unpaid due to verification issuesThe remaining 17.64 per cent of the insured deposits yet to be paid were largely depositors whose accounts have post no debits (PND) instructions or have no BVN.”
Read more »

CBN approves Unity Bank, Providus Bank mergerCBN approves Unity Bank, Providus Bank mergerThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »

NDIC seeks law enforcement agencies’ support to tackle financial crimesNDIC seeks law enforcement agencies’ support to tackle financial crimesThe Nigeria Deposit Insurance Corporation (NDIC) has stressed the need for law enforcement agencies to collaborate
Read more »

NDIC seeks law enforcement agencies’ support to tackle financial crimesNDIC seeks law enforcement agencies’ support to tackle financial crimesThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »

NDIC seeks law enforcement agencies’ support to tackle financial crimesThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »



Render Time: 2025-04-08 04:43:45