The Nigeria Deposit Insurance Corporation (NDIC) is calling on depositors of the defunct Heritage Bank to come forward and provide their account details to facilitate the processing of their payments.
This announcement was made by Bello Hassan, the managing director of NDIC, during the corporation’s special day at the 36th Lagos International Trade Fair.
Hassan highlighted the corporation’s oversight and regulatory functions, emphasizing its role in liquidating Heritage Bank and facilitating the recovery and refund of depositors’ funds.
If you are a depositor who has yet to receive your payment, you can submit your claim by providing your BVN, proof of account ownership, identification, and alternative account details through NDIC’s various channels, including their website, email, and social media platforms.
The NDIC is committed to protecting depositors from the adverse impacts of bank failures, working closely with the Central Bank of Nigeria (CBN) to achieve this goal.
The corporation’s primary mandate is to safeguard depositors and ensure financial stability, and it is committed to doing so in a way that promotes public confidence and enables businesses to thrive.
On the current state of the banking system, Hassan assured the public that all banks with active licenses from the CBN are safe and healthy.
The NDIC is dedicated to promoting the soundness and safety of the financial system in Nigeria, and it is working diligently to achieve this goal.
The corporation’s efforts aim to create a stable financial environment that safeguards depositors, builds public confidence, and enables businesses to contribute to Nigeria’s economic development.
Gabriel Idahosa, president of the Lagos Chamber of Commerce and Industry (LCCI), commended the NDIC for its effective regulatory oversight, saying it has been instrumental in maintaining stability within the financial sector.
The corporation’s vigilant monitoring of banks, proactive intervention in distressed institutions, and ongoing commitment to depositor protection have instilled confidence in the banking sector.
Idahosa urged the NDIC to continue evolving in response to the shifting financial landscape, addressing challenges such as digitalization, rising non-performing loans, and public awareness.
