Heritage Bank Update : NDIC Says Total Bank Deposits Is N650b, To Settle Customers Within 7 Days

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The Nigerian Deposit Insurance Corporation says the total bank deposits at heritage bank stands at N650 billion while its loan portfolio stands at over N700 billion

The Managing Director of NDIC, Bello Hassan, disclosed this in a briefing on the liquidation of the bank in Abuja on Wednesday.

He outlined the processes of repayment, insisting that the corporation will not take as long as 30 days as stipulated by law but settle customers within one week

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