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Nairametrics

WOW…SGBN IS BACK

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 19, 2012
in Uncategorized
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Remember SGBN, Societe Generale Bank Nigeria? Well just read that they are now back as Heritage Bank. I learnt the Saraki’s, owners of the defunct SGBN, own 10% of the new Bank. I hear the major the Vice Chairman of International Energy Insurance Ifie Sekibo is a major shareholder in the new bank. Lets hope this will pave the way for Savannah bank who also saw their closure overturned by the courts some years back.

By the way, Heritage Bank has a share capital of N10b making them a Regional Bank

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Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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Comments 2

  1. Sola says:
    November 9, 2012 at 1:48 pm

    This is a good one. We pray for the success of the bank.

    Reply
  2. tochukwu says:
    November 17, 2012 at 11:52 am

    Well let’s wish them all the best, it might be harsh in the beginning, but with the right vision and mission statement, they may conquer

    Reply

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