Tag: Heritage Bank
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Heritage Bank: NDIC begins payment of depositors’ insured sum
The Nigeria Deposit Insurance Corporation (NDIC), says it will begin payment of insured sum to 2.3 million depositors of Heritage Bank in-liquidation this week. The Managing Director of NDIC, Mr Bello Hassan, said this while briefing newsmen in Abuja on Wednesday.
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No plans to revoke licences of more banks – CBN
The Central Bank of Nigeria (CBN) has said it has no plan to revoke the licences of more Deposit Money Banks (DMBs) in the country.
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Pay Heritage bank depositors without delay – Peter Obi urges FG
Former presidential candidate, Peter Obi, has called on the federal government, through the Nigeria Deposit Insurance Corporation (NDIC), to ensure that all depositors of Heritage Bank receive their funds in full and immediately. This follows the recent revocation of the bank’s operating license by the Central Bank of Nigeria (CBN) and the appointment of NDIC…
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Heritage Bank: CBN speaks on plan to revoke licenses of three major banks
The Central Bank of Nigeria (CBN) has distanced itself from a media report alleging it is set to revoke the licenses of Unity Bank, Keystone Bank and Polaris Bank. The apex bank via the microblogging platform, X formerly Twitter on Tuesday, urged members of the public to discard the report, which it ascribed as fake news. Sharing…
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NDIC begins liquidation of Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation process of Heritage Bank with immediate verification and payment of insured deposits to bank depositors. Recall that on Monday, CBN revoked Heritage Bank’s license.
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House of Reps reacts to Heritage bank’s licence revocation
The House of Representatives says it is aware of the recent revocation of the license of Heritage Bank (under liquidation) by the Central Bank of Nigeria (CBN) and the appointment of the Nigeria Deposit Insurance Corporation (NDIC) as the liquidators, in accordance with the provisions of the Banks and Other Financial Institutions Act (BOFIA).
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BREAKING: CBN revokes license of Heritage bank
The Central Bank of Nigeria (CBN) has revoked the operating licence of Heritage Bank Plc with immediate effect. The apex bank in a statement on Monday noted that the action became necessary due to the bank’s breach of Section 12 (1) of BOFIA, 2020.
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Overdue loans: Heritage Bank Management backs staffs’ protest at Senator Andy Ubah’s Abuja residence
The management of Heritage Bank Plc has confirmed and declared its support for the peaceful protest the bank’s staff held at the Abuja residence of Senator Andy Uba on Monday over his indebtedness to the financial institution. This was disclosed by the Managing Director of the bank, Ifie Sekibo, via a message shared with the…
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TRENDING VIDEO: Heritage bank staffers storm Senator Andy Uba’s residence in Abuja, demand payment of overdue loans
Staffers of Heritage Bank Plc in their numbers on Monday stormed the official residence of senator representing Anambra South Senatorial District, Emmanuel Nnamdi (Andy) Uba in Abuja for a peaceful meeting to demand the return of loans he took from the bank. In a now trending video, a voice narrating the essence of the visit…