AS ONE of Nigeria’s leading banks, Heritage Bank said its takeover of Enterprise bank would take its ‘banking services’ to the next level.
The acquisition, which was recently approved by the board of directors of the Asset Management Corporation Of Nigeria, was secured by Heritage Bank’s mammoth bid of N56 billion, led by MD Ifie Sekibo.
Although the bank acknowledges that there would be challenges stemming from the acquisition, the deal left Heritage Bank with the opportunity to improve its services to become the top bank in Nigeria. Heritage Bank has dealt with other challenges familiar with the banking industry as outlined in this article.
“With this acquisition, we are better positioned to offer unparalleled banking services, which spreads across over 200 branches, 177 ATMs, 57 cash centres and 2000 POS terminals in 26 states,” a Heritage Bank statement read.
“This monumental event marks a new era in banking as the integration of two entities with such similar values, excellent and professional staffing and strong branch network, which can only lead to an entity that will further surpass (customers) financial needs.
“We shall harness the best of the two worlds combined in terms of our innovative products, bespoke technology and extended branch network manned by a team of tenacious people…this automatically transforms our bank from a tier-2 players to a strong tier-1 player”.
Heritage Bank reaffirmed its commitment to its existing and new customers, saying it would continue create jobs, innovate, kick start the economy and transfer “wealth across generations”.
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