NDIC begins payment to Heritage Bank's large depositors

NDIC begins payment to Heritage Bank's large depositors

The funds to pay the depositors were realised from sales of the bank’s assets and recovery of debts owed. The post NDIC begins payment to Heritage Bank’s large depositors appeared first on Premium Times Nigeria.

NDIC Begins ₦46.6bn First Tranche Payment Of Liquidation Dividends To Heritage Bank Depositors – Independent Newspaper Nigeria

ABUJA – The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment of ₦46.6 billion as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank whose account balances exceeded the insured limit of ₦5 million. According to a statement signed by Hawwau Gambo, thr Acting Head, Communication & Public Affairs, the payment […]

Delight as NDIC Begins Payment of Heritage Bank N46.6bn Liquidation

By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) has started the payment of N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank months after a series of delays, a development that has created excitement among customers. In a statement on Sunday, the Acting Head of Communication and Public Affairs at the […]

NDIC Begins N46.6 Billion Disbursement to Depositors of Defunct Heritage Bank - Tech

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of funds to depositors of the defunct Heritage Bank, whose account balances exceeded the NDIC’s maximum insured limit of N5 million at the time of the bank’s closure. This was disclosed in a statement signed by Hawwau Gambo, NDIC’s acting head of Communication and Public Affairs. The corporation has initiated the first disbursement of liquidation dividends, totalling…

NDIC Issues ₦46.6 Billion Liquidation Dividend To Heritage Bank's Customers With Above Insured Limit - Brand Spur

To ensure that depositors of the defunct Heritage Bank receive their full reimbursement, the Nigeria Deposit Insurance Corporation (NDIC) has begun paying out ₦46.6 billion as the first tranche of liquidation dividends to depositors with funds above the insured limit. According to a statement available to BrandSpur banking and finance news desk, signed by Hawwau Gambo, Acting Head of Communication & Public Affairs, the NDIC has declared the firs…

NDIC starts N46.6b liquidation dividends payment to Heritage Bank depositors - NewsTmes.com.ng

In its commitment to ensuring that depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance Corporation (NDIC) has declared the first tranche of liquidation dividends totalling N46.6 billion from the proceeds of sales of the defunct bank’s assets and recovery of debts owed to the defunct institution. The payment of the … The post NDIC starts N46.6b liquidation dividends payment to Heritage Bank depositors appea…