| #46 | Heritage Bank Plc. |
|---|---|
| BSM Index | 47.3 |
| YoY | -8 |
| CEO | Ifie Sekibo |
| Year Founded (in Nigeria) | 2012 |
| Website | www.hbng.com |
| Head Office | 292B Ajose Adeogun Street, VI, Lagos |
| Nationality | NG |
| Customer Base | – |
| Number of Branches | 127 |
| Annual Turnover | – |
| Employees | 4,000 |
| Marketing Budget | – |
Heritage Bank Plc. (HB PLC), often referred to as Heritage Bank is a financial services institution. It is one of the commercial banks licensed by the Central Bank of Nigeria (CBN), with a National Operating License.
Heritage, with its head office in Lagos, Nigeria, offers Retail Banking, Corporate Banking, Online/Internet Banking, Investment Banking and Asset Management Services.
The brand promises an excellent service culture hinged on working with each customer to create a name and heritage.
In 2012, the core investor, IEI Plc, through IEI Investments Limited, acquired the Societe Generale Bank of Nigeria (SGBN) license from the Central Bank of Nigeria (CBN). Having fulfilled all required criteria, the bank returned 100% of existing SGBN account holders’ money to their owners. Heritage Bank Plc is a large financial services provider in Nigeria.
The bank traces its roots to the late 1970s, when it was founded as Societe Generale Bank (Nigeria) (SGBN), the Central Bank closed down SGBN on account of failure to meet new minimum capital requirements for a National Bank. In December 2012, CBN re-issued SGBN’s banking license, but as a regional bank.
Having acquired the banking license, the new ownership re-branded the bank as Heritage Banking Company Limited and opened for business under the new name on 4 March 2013.
In October 2014, Heritage Banking Company Ltd successfully met the requirements of the Asset Management Corporation of Nigeria (AMCON) and the Central Bank of Nigeria (CBN) toward owning 100% shares in Enterprise Bank Ltd. They had a seemless integration,which was regarded as one of the most successful integration in Nigerian banking. This has resulted in making Heritage a truly national bank with hundreds of branches across the country.
Heritage has maintained a feature in this annual top brand ranking for many years, after being featured as a brand to watch in 2014
