The Central Bank of Nigeria (CBN) has granted final approval for the merger of Heritage Bank and Enterprise Bank.
“The Management of the Central Bank of Nigeria (CBN) has approved the grant of Final Merger Approval to Heritage Banking Company Limited and Enterprise Bank Limited and the licence of HERITAGE BANK LIMITED (the successor), the CBN said in a letter to Heritage Bank.
Managing Director/Chief Executive, Heritage Bank, Mr. Ifie Sekibo, “We’re pleased with the final approval of the merger of the two institutions.
“The stage is now set for us to achieve the vision of a bigger and better Bank that offers world class banking services designed to help customers to create, preserve and transfer wealth”. Sekibo added “With this acquisition, the new Heritage Bank is better positioned to offer unparalleled banking services which spread across over 200 branches, 177 ATMs, 57 Cash Centres and 2000 POS Terminals in 26 states”, he added.
