How Heritage Bank Customers received full payment from NDIC

  • The Nigerian Deposit Insurance Corporation (NDIC) has said it has reimbursed 82.32% of customers of Heritage Bank
  • The corporation stated that it achieved the feat using BVN-linked alternate accounts of customers in other banks
  • The agency said that delay in verifying customers’ BVNs is the reason the remaining 17% of customers have not been paid

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade

The Nigeria Deposit Insurance Corporation (NDIC) said it reimbursed 82.36% of the customers of the liquidated Heritage Bank with deposits below N5 million maximum insured deposit.