Connect with us

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service Provider has been bestowed with the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria (CBN) “For Sustainable Transaction of The Year in Agriculture.”

The award which was in recognition of its outstanding success and leadership in Nigeria’s sustainable development in 2017 was presented to the bank recently during the Bankers Committee meeting held in Lagos.

The MD/CEO of Heritage Bank, Ifie Sekibo in recognition of the award said, “We are highly honoured to be awarded by the regulator as one of the most supportive financial institutions to the Agric sector, which is a key sector of the economy and this validates the hard work and success story of the bank to create, preserve and transfer wealth across generations.”

According to him, Heritage Bank has continued to compliment the efforts of CBN by making funds available to both individuals and corporate organisations in their efforts to increase agricultural output.

He explained that the bank has taken the front seat in financing critical agricultural projects in several states in the country, especially in Oyo, Kaduna and Zamfara States.

Specifically, Sekibo explained, “The Award is in recognition of what we are doing with Biase Plantations Limited (BPL) a subsidiary of Wilmar International in supporting Oil Palm industry and Triton Aqua Africa Limited (TAAL) involved in aquaculture and reforestation projects.

“Being a Bank with sustainability as part of our DNA, our relationship with BPL that has sustainability as one of its core values provides a natural fit. The project is being implemented in full compliance with all relevant national legal requirements in Nigeria, following best international management practices, including compliance with requirements of the Roundtable on Sustainable Palm Oil (RSPO).”

The bank’s Group Head, Agriculture Finance, Olugbenga Awe explained further that the Heritage Bank is currently implementing an Outgrowers Scheme that is sustainable, fair, adapted to the local context and that will positively impact on the lives of the rural poor.

“The objective of the Outgrowers Scheme is to improve the livelihood of rural people, increase the product supply of fresh fruit bunches (FFB) to BPL and to help close the palm oil deficit in the Nigerian market with commitment to the ‘No Deforestation and No Exploitation policy’,” he said.

Awe also expressed the excitement about the prospects of working with CBN to expand the Anchor Borrowers Programme to cover cash crops such as Oil Palm and Cocoa.

According to him, our track records and experience in this field will be leveraged to offer a seamless rollout.

He, however stated that Heritage Bank was not only actualizing its vision of partnering with individuals, organisations and governments to create, preserve and transfer wealth across generations, but is also playing a crucial role in helping to achieve the government’s ambition of diversifying the economy.

BUSINESS

Introducing Zenith Bank Naira Giveaway [Details Attached]

Gbemileke Ajayi

Published

on

Zenith Bank Plc is offering its esteemed customers a chance to win cashback up to N2000 when you use your Zenith Bank Naira Mastercard to perform a minimum of 5 transactions in this month of January.

To be eligible to win, you must meet the following criteria:  You must have an active Zenith Bank account and if you do not, simply dial *966#.
CLICK ON THE BANNER BELOW
Continue Reading

BIG STORY

Zenith Bank Flags Off Z-Woman Business Package, Offers N10m Loan At Single-Digit Interest Rate [DETAILS]

Avatar

Published

on

Zenith Bank Plc has introduced a new package for women called the Z-Woman Business Package.

The Z-Woman Business Package is designed to address the unique needs of women-owned businesses.

The package includes:

Loans of up t0 N10m at a single-digit interest rate

Free digital skills training

Free exhibition stands at Zenith Bank events.

To register, please visit www.zenithbank.com/zwoman

Continue Reading

BUSINESS

Access Bank, Wigwe Honoured At THISDAY Silver Jubilee Celebration

Avatar

Published

on

Access Bank and its Group Managing Director, Herbert Wigwe, were honoured as the ‘Bank of the Decade’ and ‘Banker of the Decade’ respectively by THISDAY Newspaper at its 25th-anniversary celebration held at the Eko Convention Centre, Lagos.

The silver jubilee celebration was witnessed by dignitaries including former Commonwealth Secretary-General, Emeka Anyaoku; Afenifere chieftain, Ayo Adebanjo; founder of Dangote Group, Aliko Dangote; Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari; and former Governor of Anambra State, Peter Obi.

Receiving the awards, Wigwe attributed his success to the collective effort of all employees of the Bank and customers, saying, “It is such an honour to be recognized by such a prestigious platform, renowned for its work in unbiased and qualitative reportage. This award is dedicated to all members of staff who have worked tirelessly to ensure the growth and success of the Bank and all its subsidiaries. Furthermore, we thank all 32 million of our customers who trust us as we continue our journey to being Africa’s gateway to the world”.

Over the past decade, Herbert Wigwe has overseen the growth of Access Bank, from a relatively small bank into Africa’s largest retail bank. Wigwe has closed a series of strategic high-profile mergers while pushing and driving participation in community-focused initiatives that have endeared the bank to its customers. Since the completion of its merger with Diamond Bank, Access Bank’s customer base has grown from about 13 million to 32 million.

With subsidiaries and rep offices in 13 countries – Ghana, United Kingdom, UAE, China, Lebanon, India, Sierra Leone, Gambia, Rwanda, Zambia, Congo, Cameroon and most recently Kenya – Access Bank continues to defy critics, strengthening its place as a powerhouse in the Nigerian and indeed African banking industry.

Continue Reading

Most Popular