The Nigerian Deposit Insurance Corporation (NDIC) says it will pay a maximum of N5 million to each depositor of the Heritage Bank, following its licence revocation.
The Nigerian Deposit Insurance Corporation says it will pay a maximum of N5 million to each depositor of Heritage Bank, following its licence revocation.is in line with extant laws in the case of revocation of licences.the banking licence of Heritage Bank following the bank’s “inability to improve its financial performance”.Advertisement
“Defunct Heritage Bank operated as an insured institution under the provisions of the Nigeria Deposit Insurance Corporation Act, 2023.
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