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Nairaland Forum / Nairaland / General / Politics / Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m (953 Views)
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Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by peekspot(m): 10:57am On Jun 04 |
https://punchng.com/heritage-bank-ndic-begins-refund-highest-depositors-to-get-n5m/ |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by FreeStuffsNG: 11:02am On Jun 04 |
Depositors without outstanding debt deserve to be paid their money soonest. Great job by NDIC 2 Likes |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by TimeManager(m): 11:16am On Jun 04 |
Since Obi is asking NDIC to offer full payments to all affected customers, maybe he can direct Fidelity bank to realease some of his hidden money in his accounts to NDIC to enable them make full payments, since he's the merciful Obi. -Kiss the truth! 1 Like |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by Kenochi(m): 11:42am On Jun 04 |
Heritage Bank needs a thorough audit.It seems the bank was very sick but somehow they kept getting the pass by the Regulators I believe that the Nigerian Banking system is a paradox,it simply doesn't reflect the true state of the Economy Meanwhile the Central Bank has told the Banks to recapitalise,nobody is talking about it now When it is a few weeks to the deadline,they will the start their usual Fire Brigade approach and put the whole Banking system into a frenzy Nigerian Banks are an antithesis,declaring huge profits in a shrinking economy This beggars the question,where exactly are all those billions of profit coming from Manufactures,Traders and Entrepreneurs are complaining but Banks are consolidating I repeat once again,the Govt should scrutinize all banks in the country before it is too late 2 Likes |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by cathodekazim: 1:37pm On Jun 04 |
Mood of those that owe the bank right now ![]() 1 Like |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by helinues: 1:53pm On Jun 04 |
Good 1 Like |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by Zulu11zulu: 1:58pm On Jun 04 |
Kenochi:the criminal call politicians are hidden money in the bank that is what they call profit. |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by Melagros(m): 3:04pm On Jun 04 |
COMRADES are speechless at the situation right now |
Re: Heritage Bank: NDIC Begins Refund, Highest Depositors To Get N5m by banku: 3:23pm On Jun 04 |
Banks are commercial enterprises that trade on people’s savings by lending out to borrowers at predetermined interest rates. When the interest rates get too high, it dampens business activities discouraging those who want to start businesses and employ workers. Low interest rates encourage the society and spur commercial activities. The interest rates are so high in many African countries, you wonder who can afford to borrow from banks, make enough profit in order to pay back. https://www.thenigerianvoice.com/news/335316/our-currency-in-warehouse-grave-vault-depreciate-bureau-de.html If banks and financial houses are not able to borrow, the banks cannot make a profit from people’s savings. So the banks and financial houses are raided by unscrupulous businesses and politicians. When these banks are no longer viable and they go bankrupt, people lose their life savings. Unfortunately, new generation banks are not in the business of savings and lending but into attracting life savings with high rates of return and looted hidden local currency. Once they gather enough to share within, they liquidate and ask for a government bailout. |
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