Mohammed Shosanya
The Nigeria Deposit Insurance Corporation,says it already commenced the process of disposing of the physical buildings of the liquidated Heritage Bank Limited.
It disclosed that it also set the process in motion to make sure that it recovers the loans and advances that were granted the bank.
Bello Hassan, the Managing Director of NDIC,who disclosed this on Sunday in Abuja,also said account name discrepancies in Bank Verification Number (BVN) linked alternate accounts of some defunct Heritage Bank customers is delaying the payment of their insured deposits.
He said the corporation had paid substantial amounts to depositors of the defunct bank without BVN account linked issues.
He advised depositors of the bank who were yet to receive their insured deposit credit alert to visit the NDIC’s website and complete their verification forms for their payment.
He said the verification would also include depositors without BVN alternate account.
NDIC,he noted,has already commenced the payment of customers since June 6.
”We have paid a substantial amount to the customers.What we leverage in making the payment is BVN of customers. We trace alternate accounts in other banks and pay them their insured amounts.
”There are some that we have challenges linking up because of some discrepancies between the names and others.We are calling on customers that have not received their alerts in their alternate accounts to come forward and complete their verification forms so that we can pay them,” he said.
Speaking on payment of depositors with more than five million naira with the bank, Hassan said they would be paid liquidation dividend.
He added:”That is what we use in paying those liquidation dividends.We are not going to wait until we recover everything.
”As we recover, we will also advertise to say that we will pay liquidation dividends so that concerned depositors will be on the lookout for alerts in their accounts,” Hassan said.
The Central Bank of Nigeria on June 3 revoked the banking licence of Heritage Bank Plc.
The apex bank explained that the decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability.
