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Nigeria's NDIC begins distributing ₦46.6 billion to Heritage Bank depositors exceeding ₦5 million.
The Nigeria Deposit Insurance Corporation (NDIC) has started distributing ₦46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank whose balances exceeded ₦5 million.
These dividends come from the sale of Heritage Bank's assets and recovered debts.
Payments began on April 25, at a rate of 9.2 kobo per naira on a pro-rata basis.
The NDIC assures that further payments will be made as more assets are recovered.
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El NDIC de Nigeria comienza a distribuir 46,6 mil millones a los depositantes del Heritage Bank que superan los 5 millones.