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Enterprise Bank: Heritage Bank pledges innovative services

By BusinessNews Staff on October 28, 2014

Heritage Bank Limited has said that its acquisition of Enterprise Bank will produce a bigger and more innovative organisation.
Managing Director/Chief Executive, Heritage Bank Limited, Mr. Ifie Sekibo said this at the sidelines of his investiture by the Chartered Institute of Bankers of Nigeria (CIBN) held in Lagos recently.

HBCL Investment Services Limited (HISL) promoted by Heritage Bank recently acquired Enterprise Bank from the Asset Management Corporation of Nigeria (AMCON).

Commenting on the integration of the two banks, Sekibo said: “With the acquisition of Enterprise Bank, we are sure we are going to get a much bigger organisation that would have the same entails of Heritage Bank where innovation, where transfer of wealth, and creation of wealth is our mantra.”

Sekibo, who along with the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele and two other bank chief executives were awarded Honorary Senior Members of CIBN, said his bank would focus more on training and would be guided by the standards and codes of the CIBN.

He said: “It is an honour that in so short a time the Institute would award me Honourary Senior Membership. This award would impact on our bank because we would be clear in our focus because the Institute is the guiding institute that helps the industry set standards and educate on codes of conducts.

“So this would lead to increased awareness of the standards within our institution and it would also enable us run our training program in line with the Institute.

“It also means there would be a lot of training which is why the Institute is important for us. So we would have these training as one family not as two organisations. So look out for a much stronger and bigger organisation.”
Similarly, Heritage Bank in a statement said that the combination of the two banks will produce a force to be reckoned with and a paradigm shift in the banking industry.

The Bank said: “We have always seen Enterprise Bank as one of the potential giants in Nigeria’s banking landscape. With a truly vast branch network, innovative and professional staff, solid assets and large customer base, Enterprise Bank is easily one of the preferred banks for value creation wherever you might be in the country.

“The partnership process will seamlessly birth an entity that would be optimum of excellence and innovation. In less than two years, we have redefined the concept of banking and emerged as one of the fastest growing banks in Africa. Partnering with Enterprise Bank, whose vision is in line with ours, will ensure we continue delivering distinctive financial services, building on our legacy of innovation while creating, preserving and transferring wealth across generations.

[This Day]

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