At the 16th edition of the Leadership forum series held in Abuja weekend, Heritage Bank Limited was voted Nigeria’s fastest growing bank following its innovative branch network expansion programme considered a deliberate policy towards providing bank services offering to the doorstep of the average Nigerian across the country.
Given its record of over 175 new branches opened within three years across the country alongside innovative product offerings that are majorly customer-oriented, a survey conducted by Business Editors, writers and analysts covering the nation’s banking and finance sector at the 16th edition of the Leadership Forum of Nigerian Pilot Newspaper, published by DOM Communications Limited, it was noted that “in the last three years, Heritage Bank Limited has expanded in its branch network surpassing average growth know in the industry within the period.”
In its conclusion, the survey commended the uniqueness of the development adding that it is in tandem with the bank’s belief that “sometimes in life, you don’t have to walk before you fly.”
In recognition of the foregoing, Nigerian Newsworld magazine/Nigerian Pilot News paper finds the bank worthy to be the winner of FASTEST GROWING BANK AWARD.
At the award presentation in Lagos Tuesday, Chairman/Publisher of DOM Communications, Prince Dennis Sami said: “the winner of the award was voted by journalists across the country that chose the bank for the pace with which they have expanded their foot print across the country.”
Executive Director, Service Banks, Niyi Adeseun, who received the award on behalf of the bank’s management said Heritage Bank was pleased that people were taking note of the little steps the bank is taking. He added that with a balance sheet size of about N600 billion with over 160 branches across 34 states of the federation, the bank is on course to attaining the status of a systemic important bank.
Adeseun said: “what is happening in Nigeria is not limited to the country alone, the country must treat the talk around diversification will all seriousness,” adding that, “it is not a consumption time; it is a time for production”
He urged everyone to give support to the federal government to enable the country get out of the wood even as he restated its commitment to the development of Small and Medium Scale Enterprises, SMEs and wealth creation through mentorship and cost savings.
He explained that Heritage Bank was poised to serve “as a catalyst to create wealth, preserve it and fashion out a succession plan for the next generation.”
According to him, “SMEs have to survive if the economy must survive. It is not an option. It is the bedrock of our economy. The artisans, the fitters, the technicians… if they do not exist, our maintenance culture will be very poor. Funding is the last thing on the menu for SMEs. Let us begin to inject methods and give guidance to these companies.”
Apart from saving cost for the newcomer in business and SMEs, the bank also provides convenience for clients travelling out-of-state for business to naturally conduct their meetings or appointments without worrying about office space among others. According to the bank, while one of its product offering, MyHeritage Reward is a loyalty programme in which customers win prizes as they use the various electronic channels of the banks, the HB Concourse is a meeting room, fully furnished with relevant office equipment and designed to afford the small business owner or beginner, who are customers of the bank, space to hold brief business meetings, at no cost.
The bank said this is in line with its commitment to deliver exceptional support to its customers.
Yesterday’s event was attended by top management staff of the bank including other stakeholders.
In its bid towards identifying and celebrating excellence in business, economy and management, DOM Communications, publishers of Nigerian Pilot newspaper and Nigerian Newsworld magazine through its Leadership Forum yearly, awards unique achievements and achievers in various endeavours. Over the years, this tradition has underscored the hallmark of the company’s successes.
At its teething years, Heritage bank’s long standing practice has been to hold itself to the highest standards of integrity in the conduct of its business and to ensure that its behaviour and the manner in which it selects its corporate sponsors, clients, co-financiers and counterparties meet these standards. Also, as a key player in banking and financial intermediation, the Bank consistently seek to promote high ethical standards, integrity, and good business practices.
The Bank’s general principles and rules on ethical behaviour and integrity are contained in the Codes of Conduct adopted by the staff of the Bank. Adherence to these principles and rules and observance of all specific requirements relating to personal and professional behaviour are the duties of each individual to whom the said policy applies.
With notable banker, Ifie Sekibo, a thorough-bred alumnus of the renowned Harvard Business School and Fellow of the Institute of Chartered Accountants of Nigeria with over two decades professional work experience spanning across the financial services and energy sectors at the commanding height of the bank as Managing Director and Chief Executive and very ably supported by an array of erudite and sound bankers in the Directorate and management, Heritage Bank’s recent award does not come out of nowhere; it was certainly by dint of hard work.
With such customer-centred services targeted at the entertainment sector, retail, SMEs and the ordinary Nigerian, Heritage bank can be said to be on its way to more winning more trophies of excellence.