On August 26, 2015 a business combination of Heritage Banking Company Limited (HBC) and Enterprise Bank Limited (EBL) gave rise to HERITAGE BANK LIMITED, following the acquisition of EBL by HBC in October 2014 after a highly competitive bid process supervised by the Asset Management Corporation of Nigeria (AMCON). Three years prior, an equally keenly competed acquisition of Societe Generale Bank of Nigeria (SGBN) gave birth to HBC, a development which firmly anchors HERITAGE BANK in a rich legacy of technology and innovation in the banking industry. SGBN, which was incorporated in December 1976 and commenced full banking operations in August 1977, pioneered the introduction of e-banking services including its flagship, the 24/7 Cashpoint through the Automated Teller Machines (ATMs) in 1990. Following its suspension and retrieval of its banking license by the Central Bank of Nigeria (CBN), the transformation program that led to the emergence of HBC culminated in International Energy Insurance (IEI) Plc. being the new core investor. Having been recently converted into a public company limited by shares, HERITAGE BANK PLC is a diversified and integrated financial services institution, licensed by the CBN to carry on the business of commercial banking. Boasting of a branch network of over 220 Experience Centres, 380 ATMs and over 5000 Point of Sale (POS) machines across the length and breadth of Nigeria, HERITAGE BANK PLC has an attendant increase in its customer base, enhanced market visibility as well as total asset and contingents in excess of N500billion. Pursuant to the strategic objective of becoming a leading financial institution, the bank is now better positioned to deliver on its brand promise “…of delivering distinctive financial services {while} building on its legacy of innovation and partnership to create, preserve and transfer wealth across generations.”