Failed Banks: NDIC Urges Unpaid Depositors To Do Documentation For Payment

The managing director and chief executive of the Nigeria Deposit Insurance Corporation, NDIC, Mr. Bello Hassan has urged depositors of failed banks, particularly Heritage Bank, who have not yet received their payments to do the necessary documentation for payment.
He made the call at the NDIC Special Day at the ongoing Enugu International Trade Fair on Wednesday.

The NDIC boss urged the depositors to come forward and provide the necessary documentation supporting ownership of the account, including BVN, and an alternate bank account number for payment of the insured sum.

Advertisement



He further disclosed that claims can be submitted through their website, email, social media platforms, or by visiting any of their zonal offices.

Hassan congratulated the Enugu Chamber of Commerce and Industry for their tireless efforts in organising the annual trade fair.

“The event has become a crucial platform for showcasing innovation, driving economic growth, promoting trade, and attracting investment,” he added.

RELATED

Hassan reassured all depositors that the NDIC has the financial and operational capacity to fully reimburse all depositors as recoveries are made.

Earlier, the president of the Enugu Chamber of Commerce, Industries, Mines and Agriculture, ECCIMA , Sir Odega Jideonwo called on the Central Bank of Nigeria, CBN to reduce the chances of banks failures.

Sir Jideonwo cited the harrowing experiences by depositors when the banks went under. He cited the Heritage Bank saying that a lot still needs to be done in that direction.



We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →



Join Our WhatsApp Channel




Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Commissioner Warns LG Chairmen Against Owing Teachers’ Salaries

Thu Apr 10 , 2025
Cross River State Commissioner for Education, Associate Prof. Stephen Odey, has warned chairmen of the 18 local government areas in the state to be weary of the consequences of owing teachers’ salaries. He called for priority attention to be given to regular payment of teachers’ salaries to boost teachers’ productivity. […]

You May Like

Share via
Copy link