Mohammed Shosanya
The Nigeria Deposit Insurance Corporation (NDIC) has listed Heritage Bank assets nationwide for sale.
NDIC conveyed the sale of 48 bank properties and chattel, including vehicles, office equipment, plant, and machinery, located in 62 different locations in Nigeria in an advertorial on a national newspaper on Thursday.
“The Nigeria Deposit Insurance Corporation in the exercise of its right as Liquidator of failed Deposit Money Banks hereby invites interested members of the general public to buy the assets (landed property and chattels) of defunct Heritage Banks through public competitive bidding,” NDIC said.
According to the advertorial,the head office of the bank and its annexe located at 143 Ahmadu Bello Way and 130 Ahmadu Bello Way, Victoria Island, Lagos, was listed for sale, including buildings, chattels, generator, and vehicle.
Others include six other branches in Lagos, four branches in Abuja, four in Rivers states, and across the country.
The NDIC invited interested parties to come for an inspection of the assets and submit their bids at the corporation’s office in Lagos.
It added that the said bids must include 10 percent of the bid amount in a certified bank draft, and successful bidders must pay the remaining balance within two weeks of notification.
The Central Bank of Nigeria (CBN),had penultimate week revoked the licence of Heritage Bank Plc with immediate effect.
It explained that the action was necessary due to the bank’s breach of Section 12 (1) of BOFIA, 2020.
CBN said the board and management of the bank have not been able to improve the bank’s financial performance, a situation which constitutes a threat to financial stability.
Bello Hassan, NDIC’s managing director, at a media briefing on June 5, promised to settle insured customers within one week, adding that the total bank deposits at Heritage Bank stand at N650 billion while its loan portfolio is above N700 billion.