Heritage Bank plans listing in capital market; Pledges more innovations

[vc_row][vc_column][vc_column_text]Heritage Bank is planning to list its shares on the Nigerian Stock Exchange in the next two years.

The bank’s Executive Director, Ivory Banking, Mrs. Mary Akpobome disclosed this in Lagos at the grand finale of the 2014 edition of Ikoyi club’s annual tennis grand slam competition sponsored by the bank.

According to her, the bank is planning to list its shares on the stock exchange as soon as it becomes a national bank.

She said, For now, we are a regional bank. But, in the next two years, judging from the advances we are currently making and the solid plans we have put in place, we should be listed on the stock exchange.

Assessing the bank’s performance in its almost one year of operation, she said, The market has received us much better than we expected, considering the time we came into the market. But I guess it is not surprising because of the quality of people we have and the level of their experience. I can proudly say that we have done extremely well since we came on board.

Akpobome, who said that the bank currently has over 11,000 customers, lauded the immense public goodwill the bank has enjoyed since its market entrance in 2013.

According to her, We are happy that our projections as a new entity have been met. We planned to attain certain goals in five years, but already, we have achieved them in less than the first year of our existence. That speaks a lot about the passion of people the bank was able to put in place.

She pledged the bank’s continued commitment to customer-centric innovations. Ours is a bank that is truly set up to understand the customers. So, the driving force behind our business is commitment to excellent service delivery. Today, we are the only bank that has absolute zero Commission On Turnover (COT). We don’t charge COT on any of our product whether you are borrowing from us or keeping money with us. Going forward, we are absolutely committed to pioneering other innovations in the areas of service delivery and consumer delight, she added.[/vc_column_text][/vc_column][/vc_row]

Heritage Bank will increase wallet of business transactions with Lagos State Govt - George-Taylor
Akinola George-Taylor, Managing Director of Heritage Bank Plc, and his Team, paid courtesy visit yesterday to the Governor of Lagos, Babajide Olusola Sanwo-Olu, at the State House, Alausa yesterday.

The Managing Director of Heritage Bank, Akinola George-Taylor has disclosed that the bank would continue to increase the wallet of its business transactions with Lagos state government.  

He gave this assurance yesterday when he led a team of the bank on a courtesy visit to the Governor, Babajide Sanwo-Olu at the government house, Alausa, Ikeja.

George-Taylor commended Sanwo-Olu’s administration, whilst aligning with the great works in Lagos State.

“We are here to introduce ourselves as the new management of the Heritage Bank and being that we have had a relationship with the state (Lagos) for a number of years now, we felt it was necessary to come and present ourselves to the Governor; to say thanks for the business that we enjoyed with the government and that we align and commend the great work he is doing for Lagos State.

“And of course, as bankers, we want to try and increase our own size of the wallet of the business that we do with the government and to extend our best wishes to him and his government. It was a courtesy call to say thank you and wish him well in the next coming elections,” he said.

Speaking earlier, the Governor, Sanwo-Olu said his administration was poised to do more as it continued to play its roles in providing an enabling environment, improving the ease of doing business and being forward-looking in its dealings with financial institutions.

The governor also said that his administration will continue to ensure a mutually beneficial relationship with financial institutions in the State.

He said: “Lagos is the Centre of Excellence and the commercial, economic nerve centre, so we cannot but ensure that we have a very forward-looking mutually beneficial relationship with all of our financial institutions and of course, Heritage Bank is not an exception.

“I want to implore you and your team to be intentional and think something fresh; think something different that can indeed stimulate us. You can rest assured that we know how important it is to spread our businesses and to ensure that everybody gets a part of it knowing that you and your staff will also have a corporate responsibility on the Personal Income Tax component. It is expected that we will continue to play our roles and play our parts.”

Governor Sanwo-Olu congratulated the Managing Director and his new team on the huge and great responsibilities that shareholders and other stakeholders in Heritage Bank have reposed in them,” he said.