Heritage Bank

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has disbursed a total of ₦54.62 billion to 691,418 depositors of the defunct Heritage Bank, less than a year after the lender’s license was revoked. The move marks a…

MultiChoice Group Limited has written off a $21 million deposit that was held in Nigeria’s Heritage Bank, following the bank’s liquidation earlier this year. This information was revealed in the company's interim financial report for the…

The Nigeria Deposit Insurance Corporation (NDIC) says 17.64 per cent of the insured deposits are yet to be paid owing to instructions on their accounts barring debits otherwise known as Post No Debit (PND) and those with no Bank…

The Nigeria Deposit Insurance Corporation has listed the head office of the failed Heritage Bank in Lagos and its branches across 62 locations in the country for sale. This development followed the resolution on Tuesday by the House of…

The Pension Transitional Arrangement Directorate (PTAD) has asked for alternative accounts from  Defined Benefits Scheme (DBS) pensioners with Heritage Bank to ensure they receive their monthly pensions. Some DBS domicile their pension…

The Nigerian Deposit Insurance Corporation (NDIC) says the payment of depositors in Heritage Bank will commence before the end of the week. The Managing Director of NDIC, Bello Hassan, disclosed this in a briefing on the liquidation of…

Nigeria Deposit Insurance Corporation (NDIC) has announced the intent to begin the verification and payment of insured deposits to Heritage bank depositors preparatory to the liquidation process of the failed bank. The corporation’s…

Following the revoking of the license of Heritage Bank, the House of Representatives have given assurance on the safety of depositors’ funds, urging all depositors and stakeholders of the bank to remain calm, saying their interests are well…

 The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect. This is according to a statement from the Acting Director, Corporate Communications at the CBN, Hakama Sidi Ali on Monday. The…

Heritage Bank Plc has restated its commitment to deepen support to young entrepreneurs in Nigeria to help grow their businesses either as start-ups or prospective business owners. The bank stated that its commitment is part of its…