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NDIC Commences Liquidation Of Heritage Bank

Last updated: June 3, 2024 4:48 pm
1 year ago
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2 Min Read
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The Nigeria Deposit Insurance Corporation NDIC has Commenced the Liquidation of Heritage Bank Plc with immediate verification and payment of insured deposits to the bank depositors.

The Director Communication & Public Affairs NDIC Bashir Nuhu in a press statement stated that Depositors of the bank that have alternate account within the industry will be paid up to the insured amount of N5 million per depositor using their Bank Verification Number (BVN) to locate their alternate account. While depositors with funds in excess of N5 million will be paid liquidation dividend upon realization of the bank’s assets and recovery of debts owed to the bank.

NDIC urged All depositors of the defunct bank without alternate bank account in the industry to Visit the nearest branch of the bank with proof of account ownership, verifiable means of identification such as driver’s license, permanent voter’s card, National Identity Card, together with their alternate account and Bank Verification Number (BVN) for the verification of their deposits and subsequent payment of insured sums.

Creditors are also advised to visit the nearest branch of the bank to file their claims or via the online platform noting that the process of payment of creditors will commence immediately after all depositors have been paid.

(Editor: Paul Akhagbemhe)

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