Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,186,659 members, 7,930,253 topics. Date: Saturday, 24 August 2024 at 01:52 PM

CBN Revokes Heritage Bank’s Licence - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Revokes Heritage Bank’s Licence (29916 Views)

CBN Revokes Licence Of Heritage Bank / CBN Revokes Operational Licenses Of 4,173 Bdcs / Abubakar Malami Revokes MTN's $2 Billion Tax Case (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: CBN Revokes Heritage Bank’s Licence by Blazadenise(m): 11:49am On Jun 03
immortalcrown:
Please, I don't know much about banking systems. So, I have a question.

What will happen to the accounts and funds of the customers of this Heritage Bank?
customer money and account are well secure. All banks have initial deposit of 25billion Naira with cbn.

4 Likes

Re: CBN Revokes Heritage Bank’s Licence by Khyrvxjzy: 11:50am On Jun 03
EdiskyHarry:
Many people will lose their jobs
igbo

2 Likes

Re: CBN Revokes Heritage Bank’s Licence by OreoPaschal(m): 11:50am On Jun 03
SmartyPants:
.



The NDIC will pay you. If you have a lot of money it may take longer than if you have less.

What are the steps? I think I have over a million naira there. How can I process for a refund? Will NDIC charge me?
Re: CBN Revokes Heritage Bank’s Licence by Lumig: 11:50am On Jun 03
Let their customers run....
Re: CBN Revokes Heritage Bank’s Licence by AngelicBeing: 11:51am On Jun 03
sad
Re: CBN Revokes Heritage Bank’s Licence by Khyrvxjzy: 11:51am On Jun 03
t
Re: CBN Revokes Heritage Bank’s Licence by Cmanforall: 11:51am On Jun 03
Militant1:
sad

Dont Panic, NDIC insures up to 5 million naira. Majority of depositors will get their money back.

Why not all
Re: CBN Revokes Heritage Bank’s Licence by StreetFight: 11:52am On Jun 03
ZIAZI:
This bank sha! Shey na them be former Societe Generale Bank abi?

Make them rest!

Rebranded by Bukola Saraki

4 Likes

Re: CBN Revokes Heritage Bank’s Licence by Khyrvxjzy: 11:52am On Jun 03
Frenzyboy:
CBN get sense at all? Them want render people jobless abi
you dont know the meaning of revoke licence

igbo
Re: CBN Revokes Heritage Bank’s Licence by tishbite42: 11:53am On Jun 03
Saraki
Re: CBN Revokes Heritage Bank’s Licence by Verifier(m): 11:54am On Jun 03
This bank still dey exist angry
Re: CBN Revokes Heritage Bank’s Licence by idahme(m): 11:55am On Jun 03
Militant1:


NDIC insures up to 5 million, so if yo have 5m or less NDIC will repay you within 60 days.


Those who have more than that what befalls them?
Re: CBN Revokes Heritage Bank’s Licence by blowjohn(m): 11:55am On Jun 03
E get some bank names. Once u hear the name, u stay clear.
Aswear I don't forget say heritage bank still dey.
Can't remember last I saw any of its branches.

I also stay clear of virtual online banks.

8 Likes

Re: CBN Revokes Heritage Bank’s Licence by blowjohn(m): 11:56am On Jun 03
idahme:



Those who have more than that what befalls them?

Their heritage becomes threatened grin grin

2 Likes

Re: CBN Revokes Heritage Bank’s Licence by alizma: 11:56am On Jun 03
EdiskyHarry:
Many people will lose their jobs
Some of them don't deserve the job. I bank with them and you need to see how they behave.. they knew the bank was going down and they were not concerned at all.

6 Likes

Re: CBN Revokes Heritage Bank’s Licence by Militant1: 11:57am On Jun 03
Cmanforall:


Why not all

A CBN survey showed that less than 90% of Nigerians have more than 5 million in their account in any bank at any given time.

NDIC will reimburse over 95% of depositors of Heriatage. The should be happy self, it was just last month NDIC raise the cover from 500k to 5 million
Re: CBN Revokes Heritage Bank’s Licence by AfroBeatDiary: 11:57am On Jun 03
Militant1:


NDIC insures up to 5 million, so if yo have 5m or less NDIC will repay you within 60 days.

Is not as if they are bankrupt, people will still get their money from the normal banking activities.

2 Likes

Re: CBN Revokes Heritage Bank’s Licence by Reelmii: 11:58am On Jun 03
Na wah oo..more jobs to be lost
Re: CBN Revokes Heritage Bank’s Licence by Cmanforall: 11:58am On Jun 03
Militant1:


A CBN survey showed that less than 90% of Nigerians have more than 5 million in their account in any bank at any given time.

NDIC will reimburse over 95% of depositors of Heriatage. The should be happy self, it was just last month NDIC raise the cover from 500k to 5 million
Okay
Re: CBN Revokes Heritage Bank’s Licence by Emma09(m): 11:58am On Jun 03
post=130283387:
Oh My God, My Blogging Business Money ooo
So, of all Banks na Heritage Bank u decided to Bank with? If na true u dey talk, well, U don loose Ur money be that o or better still dey pray make NDIC help you recover am. If not, Ur money don go be that and we go at least finally rest from Ur bad news. Lolzzzzzz

3 Likes

Re: CBN Revokes Heritage Bank’s Licence by Militant1: 11:59am On Jun 03
idahme:



Those who have more than that what befalls them?

You first get the standard 5M,
Re: CBN Revokes Heritage Bank’s Licence by Tareq1105: 11:59am On Jun 03
StreetFight:
Bukola Saraki, show your face. Your useless family ran down Societe Generale Bank, now you have single handedly ran down this Heritage Bank again. Thank God that I didn't go to the yeye Bank when they called me from my former Bank.

Saraki, Saraki na pesin? He finished Societel Generale, he finished Trade Bank owned by Kwara state government.
Re: CBN Revokes Heritage Bank’s Licence by AmericanIdiot(m): 12:01pm On Jun 03
😂😂😂😂😂😂😂😂
Re: CBN Revokes Heritage Bank’s Licence by Daviestunech(m): 12:01pm On Jun 03
No good news anywhere

2 Likes

Re: CBN Revokes Heritage Bank’s Licence by nedekid: 12:02pm On Jun 03
SmartyPants:
.



The NDIC will pay you. If you have a lot of money it may take longer than if you have less.
In that case it is to hammer cbn with a class action suit in billions.
That rubbish of cbn saying NDIC is responsible for settlement of your money and then limited to 5m should be challenged. If the cbn licenses a bank, then enables them take deposit from customers under the supervisory role, the regulatory role of the cbn, the same cbn then withdraws the license stating the bank is not doing well, then the cbn ought to immediately payout the deposits to depositors, then recover its monies through the NDIC liquidating the assets of the bank. Simple!
The cbn cannot place the burden and inconvenience of the loss on innocent customers!
If I were a lawyer I will take this up as a class action suit, gather he customers, negotiate 40% of any judgement and then handle the case on a no win no fee basis. Lawyers have done this abroad and become billionaires, some lawyer won a class action suit of over $200b against cigarette companies in the US. Ned nwoko did the same and won money for Nigerian states and local governments from imf etc.

5 Likes

Re: CBN Revokes Heritage Bank’s Licence by NaijaCover(m): 12:03pm On Jun 03
Emma09:
So, of all Banks na Heritage Bank u decided to Bank with? If na true u dey talk, well, U don loose Ur money be that o or better still dey pray make NDIC help you recover am. If not, Ur money don go be that and we go at least finally rest from Ur bad news. Lolzzzzzz

I taught, you guy's are supporting me in this mission of exposing terrible bad news for here
Re: CBN Revokes Heritage Bank’s Licence by Arabaincubus: 12:04pm On Jun 03
No be that Saraki bank?
Re: CBN Revokes Heritage Bank’s Licence by Neoteny(m): 12:04pm On Jun 03
Theater.

They'll resell it to cronies
Re: CBN Revokes Heritage Bank’s Licence by Tonytonex(m): 12:04pm On Jun 03
immortalcrown:
Please, I don't know much about banking systems. So, I have a question.

What will happen to the accounts and funds of the customers of this Heritage Bank?
NDIC will pay you , if you know how to follow up.

That your account is gone. Go and open another account for another bank.
Re: CBN Revokes Heritage Bank’s Licence by Yankee101: 12:05pm On Jun 03
Saraki dem don wreck 2 banks
I pity anyone that trusted him and put money there even after Societe
Re: CBN Revokes Heritage Bank’s Licence by harmonyglobal: 12:06pm On Jun 03
Haaa
All my money oooo
I have been trying to make withdrawals from.this yeye bank since 4months and they kept hiding under network issues
Before I could get get 1million in January, it took the branch manager to pay me from is personal account when it was getting ridiculous
To withdrawal the rest of my money became a problem till now

4 Likes

Re: CBN Revokes Heritage Bank’s Licence by thatigboman: 12:08pm On Jun 03
BigBelleControl:
The bank, formerly known as Société Generale Bank was rumored to have owed JJ Okocha $1m as at then when it went bankrupt. But there were reports that he eventually got his money back.

Even their ATM will not drop money.
yea. JJ was transferring the money to his naija account when he was in Europe. Just for the bank to go bankrupt. JJ and Kanu Nwankwo then visited President Obasanjo. And JJ didn't complain again, meaning he must have been paid back

3 Likes

(1) (2) (3) (4) (5) (6) (Reply)

Ghana Cedis Valuable Than Naira / Unemployed Nigerians Find Solace In Sports Betting, Make It Full-time Job / Scammed By A Nigerian Friend In The US

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.