heritage bank

  1. NDIC Reimburses Depositors of Defunct Banks Within 72 Hours Using BVN

    Nigeria NDIC Reimburses Depositors of Defunct Banks Within 72 Hours Using BVN

    The Digest: The Nigeria Deposit Insurance Corporation (NDIC) has stated that it settled depositors of defunct banks, including Heritage Bank and Union Homes, within 72 hours of their closure. Executive Director Emily Osuji attributed the rapid payout to the use of the Bank Verification Number...
  2. NDIC Recovers Additional N24.3 Billion for Heritage Bank Depositors in Liquidation Process

    Nigeria NDIC Recovers Additional N24.3 Billion for Heritage Bank Depositors in Liquidation Process

    The Digest: The Nigeria Deposit Insurance Corporation (NDIC) has recovered an additional N24.3 billion from the assets of the defunct Heritage Bank, to be paid to depositors who had balances exceeding the insured limit of N5 million. This marks the second tranche of liquidation dividends...
  3. NDIC Continues Paying Heritage Bank Depositors Despite Delays

    Nigeria NDIC Continues Paying Heritage Bank Depositors Despite Delays

    The Digest: The Nigeria Deposit Insurance Corporation (NDIC) reassured Heritage Bank depositors that it is still paying insured amounts to eligible depositors, despite delays, citing instances of incomplete information and legal issues as reasons for the delays. Key Points: The NDIC is...
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