NDIC set to pay Heritage Bank depositors after liquidating assets, lists out requirements

1 week ago 12
  • The remaining depositors of Heritage Bank Plc are present going to beryllium reimbursed their deposits
  • The Nigeria Deposit Insurance Corporation (NDIC) has called connected depositors of Heritage Bank and different failed banks to supply indispensable documents
  • The NDIC has besides rebutted rumours of its inability to reimburse depositors, assuring that each depositor volition get their wealth back

Legit.ng writer Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful concern reporting crossed integer and mainstream media.

After much than 9 months of waiting, Heritage Bank depositors are yet going to person their monies from the Nigeria Deposit Insurance Corporation (NDIC).

The corp announced that the archetypal tranche of the liquidation dividends volition beryllium paid to depositors successful the adjacent mates of weeks successful April 2025.

Recall that Heritage Bank licence was revoked connected June 3, 2024, by the Central Bank of Nigeria (CBN).

Heritage Bank customers rejoice arsenic  NDIC yet   announces day  to repayThe Central Bank of Nigeria yet revoked Heritage Bank licence connected June 3, 2024. Photo credit: Heritage Bank
Source: UGC

Insured deposits of up to N5 cardinal were paid to the depositors wrong 4 days of the bank’s closure.

Managing Director/Chief Executive Officer of the NDIC, Bello Hassan, said that the corp had made important advancement successful liquidating the banks assets and recovering debts, and is present acceptable to commence the archetypal tranche of payments to depositors.

Speaking astatine the NDIC’s Special Day astatine the ongoing 36th Enugu International Trade Fair, Hassan promised depositors that each funds would beryllium recovered soon.

He said;

“We person commenced preparations to wage the archetypal tranche of liquidation dividends this period – April, 2025.”

The PUNCH reports that Hassan was represented by the South-East Zonal Coordinator and Assistant Director, Mrs Pamela Robert.

NDIC lists requirements for depositors

Mr. Hassan urged depositors who are yet to person payments to travel guardant with the indispensable documents to beryllium ownership of the relationship and facilitate payment.

These include;

  1. Bank verification fig (BVN)
  2. Alternate slope relationship (account held with different slope wherever the outgo volition beryllium made)

He besides encouraged depositors of different closed banks with outstanding deposits to besides travel guardant with grounds of relationship ownership and assertion their funds, adding that the NDIC has the fiscal and operational capableness to afloat reimburse each depositors.

Recall that Heritage Bank depositors already reacted erstwhile the committee announced partial reimbursement for deposits supra N5 million.

NDIC yet   announces day  to reimburse Heritage Bank depositorsFor Heritage Bank customers with deposits supra N5 million, it has been a agelong hold since June 2024. Photo credit: Heritage Bank/CIBN
Source: Getty Images

Hassan noted that NDIC has successfully handled the afloat liquidation of assets belonging to 20 antecedently failed banks and reimbursed depositors, to beforehand nationalist assurance successful the banking sector.

He added the NDIC is afloat committed to securing depositors funds and successfully resolving each issues successful the lawsuit of a slope failure.

Customers with deposits supra N5 cardinal booked for April

In related news, the NDIC has promised that customers with much than N5 cardinal deposits volition yet commencement receiving their monies backmost successful April.

This follows arsenic customers with little than N5 cardinal deposits person already been settled wrong days of the bank's closure.

The NDIC noted that arsenic the remainder of the bank's assets are liquidated and loans recovered, the remaining deposits volition beryllium settled successful tranches.

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Source: Legit.ng

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