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Heritage Bank Acquires Enterprise Bank - Business - Nairaland

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Heritage Bank Acquires Enterprise Bank by TheRealMrStan(m): 11:25am On Nov 29, 2014
The final step in the acquisition of Enterprise bank was the purchase of the company’s fully-paid-up ordinary shares valued at about N56.1 billion by Heritage Bank.

The Board of Directors of the Asset Management Corporation of Nigeria (AMCON) has granted its permission for the acquisition of Enterprise Bank by Heritage Bank.
AMCON stated that the final step in the acquisition of Enterprise bank was the purchase of the company’s fully-paid-up ordinary shares valued at about N56.1 billion by Heritage Bank.
The sale was conducted via a bidding process and HBCL Investment Services Limited, a subsidiary of Heritage Bank, emerged as the preferred bidder.

The transaction has received final approval from AMCON asides from other necessary approvals by the relevant regulatory authorities, including the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).
http://pulse.ng/news/banking-sector-heritage-bank-to-acquire-enterprise-bank-in-n56bn-deal-id3313056.html

1 Like

Re: Heritage Bank Acquires Enterprise Bank by Obiwannn: 11:25am On Nov 29, 2014
ok
Re: Heritage Bank Acquires Enterprise Bank by bunmioguns(m): 11:26am On Nov 29, 2014
cool cool








My Signature



cool cool
Re: Heritage Bank Acquires Enterprise Bank by iceberylin(m): 11:26am On Nov 29, 2014
ABeg who go buy space undecided
Re: Heritage Bank Acquires Enterprise Bank by Talkcentral: 11:26am On Nov 29, 2014
umm...Ali modu sherif

I don’t look like someone who would sponsor Boko Haram-Ex-Borno Gov.Ali Modu Sherif

>>>http://www..com/i-dont-look-like-someone-who-would-sponsor-boko-haram/

1 Like

Re: Heritage Bank Acquires Enterprise Bank by Nobody: 11:26am On Nov 29, 2014
Following
Re: Heritage Bank Acquires Enterprise Bank by Nobody: 11:26am On Nov 29, 2014
Ok
Re: Heritage Bank Acquires Enterprise Bank by danaiks(m): 11:26am On Nov 29, 2014
See as bank dey buy bank....like dog dey buy dog cheesy

1 Like

Re: Heritage Bank Acquires Enterprise Bank by Bagani: 11:27am On Nov 29, 2014
Ok. But dats none of my business
Re: Heritage Bank Acquires Enterprise Bank by Boss13: 11:27am On Nov 29, 2014
About that time
Re: Heritage Bank Acquires Enterprise Bank by Nobody: 11:28am On Nov 29, 2014
An Ant swallows a rat.... Wish that makes sense, but it don't. A few months ago, Access acquired Intercontinental that was much bigger than itself.

6 Likes

Re: Heritage Bank Acquires Enterprise Bank by braintext(m): 11:28am On Nov 29, 2014
Brb
Re: Heritage Bank Acquires Enterprise Bank by Larryupsy: 11:28am On Nov 29, 2014
Heritage Bank and Enterprise Bank! Ikan o gbekan
Re: Heritage Bank Acquires Enterprise Bank by holatin(m): 11:28am On Nov 29, 2014
who dey use them ?

1 Like

Re: Heritage Bank Acquires Enterprise Bank by braintext(m): 11:28am On Nov 29, 2014
dreydee:
.
holyboss:
.
onihaxy:
Make I book space here first..
Now let me go back and read the story.
tspun:
.
onihaxy:
Dd
holatin:
hk
braintext:
.
danaiks:
.
keyzid:
Ok







Nairaland
I dey hail o
Re: Heritage Bank Acquires Enterprise Bank by Built2last: 11:28am On Nov 29, 2014
Meaning their regional licence becomes national automatically.
Again,
While younger ones will be employed....the older ones in enterprise should be on their way out...such is the present day financial industry culture.

1 Like

Re: Heritage Bank Acquires Enterprise Bank by englishmart(m): 11:30am On Nov 29, 2014
hope they didn't acquire the money in my account too o
Re: Heritage Bank Acquires Enterprise Bank by onihaxy: 11:30am On Nov 29, 2014
Make I book space here first..
Now let me go back and read the story.

1 Like

Re: Heritage Bank Acquires Enterprise Bank by vivaciousvivi(f): 11:31am On Nov 29, 2014
Wow, Heritage bank is just about a year old no be so?
And this Enterprise bank, were they not the former Skye?
Our banking industry is still definitely in a state of evolution but I guess its for good as better consolidations brings about more stability especially with the continued impact of globalization in the financial services industry.
Re: Heritage Bank Acquires Enterprise Bank by tspun(m): 11:31am On Nov 29, 2014
i quess they don't have customers, Bank failures are caused by depositors
who don't deposit enough money to
cover losses due to mismanagement.



A bank is a place where they lend you an
umbrella in fair weather and ask for it
back when it begins to rain

1 Like

Re: Heritage Bank Acquires Enterprise Bank by Shokoloko(f): 11:31am On Nov 29, 2014
This is good news. Better coverage for heritage bank

4 Likes 1 Share

Re: Heritage Bank Acquires Enterprise Bank by sanmibukunmi: 11:31am On Nov 29, 2014
Na only acquiring dm D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ do, to employ dm no gree...smh for dm
undecidedNa only acquiring dm D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ do, to employ dm no gree...smh for dm
Re: Heritage Bank Acquires Enterprise Bank by holatin(m): 11:32am On Nov 29, 2014
braintext:








Nairaland
I dey hail o
hail hail-led
Re: Heritage Bank Acquires Enterprise Bank by holyboss: 11:32am On Nov 29, 2014
Ok




Next pls





My signature. grin
Re: Heritage Bank Acquires Enterprise Bank by eduxerxes: 11:33am On Nov 29, 2014
NEWS HEADLINE

Heritage bank acquires Enterprise bank
...Employs over 10,000 graduates
...Gives them a target of N20 million Naira each.


Chineke lekwa ekwensu napu ya ike!

2 Likes 1 Share

Re: Heritage Bank Acquires Enterprise Bank by blym4real: 11:34am On Nov 29, 2014
Ok
Re: Heritage Bank Acquires Enterprise Bank by vivaciousvivi(f): 11:34am On Nov 29, 2014
iv4fb:
An Ant swallows a rat.... Wish that makes sense, but it don't. A few months ago, Access acquired Intercontinental that was much bigger than itself.

Intercontinental was big on paper bro, they had liabilities and issues with fund misappropriation from here to Mount Zion o.
Re: Heritage Bank Acquires Enterprise Bank by festwiz(m): 11:35am On Nov 29, 2014
Okay that seems okay, so i guess the literary fans can support me by clicking this link.


https://www.nairaland.com/2016239/bloodline-inbred#2016239.10
Re: Heritage Bank Acquires Enterprise Bank by Nobody: 11:37am On Nov 29, 2014
I hope they don't start the useless unnecessary and unexplained deductions from people's account like UBA
Re: Heritage Bank Acquires Enterprise Bank by wiloy2k8(m): 11:37am On Nov 29, 2014
Shey na FP again
Re: Heritage Bank Acquires Enterprise Bank by godofwar666(m): 11:39am On Nov 29, 2014
As anyone noticed that the Op (TheRealMrStan) has been making front page I think is now the Mod or what's going on NL undecided angry

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