• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Heritage Bank joins the bandwagon by targeting the “unbanked”

Emmanuel Abara Benson by Emmanuel Abara Benson
January 11, 2019
in Business News
Could Heritage Bank be facing liquidity challenges ?

Ifie Sekibo Managing Director Heritage Bank

Share on FacebookShare on TwitterShare on Linkedin

The management of Heritage Bank Plc has expressed the bank’s commitment to focus more on retail banking, while availing low-income earners and rural dwellers the opportunity to be financially included.

The bank’s Chief Executive Director, Mr Ifie Sekibo, who disclosed this yesterday, emphasised  that one of the ways the bank intends to grow by catering to the specific needs of its customer base across segments; including those in need of retail banking and the unbanked.

The bank CEO also stated that Heritage Bank Plc aims to be more consistent with its growth strategies in 2019 by building an enduring and resilient banking franchise in the country.

RelatedStories

Sterling Bank concludes core application migration, leads the way for African Banking

Sterling Bank to raise $400 million via debt and equity instruments to strengthen growth capacity and balance sheet 

July 15, 2025
The 10 most profitable listed companies in Nigeria – 2024  

The 10 most profitable listed companies in Nigeria – 2024  

July 5, 2025

“We are very optimistic that the Heritage Brand will continue to soar over the current economic tide through its collective efforts to remain an enduring institution.” -Sekibo

But Heritage Bank is not the only bank making this move

Other banks in the Nigerian banking industry have already stated their commitment to focus more on retail banking this 2019.

As we reported, Zenith Bank’s Chief Executive Officer, Mr Peter Amangbo, stated earlier this week that the tier-1 bank plans to intensify effort in the area of retail banking in 2019. The bank will do this by lending more to SMEs and households, and at affordable interest rates too.

Mr Amangbo emphasised the bank’s commitment to retail banking, noting that they are being aggressive about it because “we believe that it is an area with a lot of potential; we are looking at individuals, households, small businesses.”

Similarly, Sterling Bank’s CEO, Abubakar Suleiman, recently disclosed his bank’s plans to open more branches across the country, especially in rural areas. The idea is to target more customers in need of retail banking, whilst also actualising financial inclusion for rural dwellers.

As Nigeria makes effort to achieve financial inclusion for millions of its unbanked citizens, it appears commercial banks are finally waking up to their responsibility in this regard. It appears the competition posed by is a major source of motivation after all.


Follow us for Breaking News and Market Intelligence.
Tags: Financial Inclusion in NigeriaHeritage Bank PlcNigerian banking sectorSterling Bank PlcZenith Bank Plc
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

Related Posts

Sterling Bank concludes core application migration, leads the way for African Banking
Company News

Sterling Bank to raise $400 million via debt and equity instruments to strengthen growth capacity and balance sheet 

July 15, 2025
The 10 most profitable listed companies in Nigeria – 2024  
Exclusives

The 10 most profitable listed companies in Nigeria – 2024  

July 5, 2025
Zenith Bank
Companies

Zenith Bank emerges Nigeria’s Number one bank by Tier-1 Capital for the sixteenth consecutive year in the 2025 Top 1000 World Banks’ ranking

July 4, 2025
GETMEDCO and Sterling Bank forge groundbreaking partnership to elevate healthcare access  
Companies

GETMEDCO and Sterling Bank forge groundbreaking partnership to elevate healthcare access  

July 3, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Zenith Bank leads trading value as All-Share Index drops 0.64%; JAPAULGOLD tops volume chart 

June 28, 2025
Zenith Bank
Companies

Zenith Bank to exit CBN’s regulatory forbearance by 30th June, assures shareholders of continued dividend payout

June 19, 2025
Next Post
Patience Oniha, DMO, External debt servicing

Nigeria’s total debt rises by N10.31 trillion in latest DMO report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

first bank








DUNS

Recent News

  • US imports $1.34 billion Nigerian crude oil in five months despite Trump tariffs
  • Nigeria’s public debt may hit N160.6 trillion by December as borrowing intensifies – Report 
  • Nigeria’s young workforce fuels surge in digital skills, GenAI learning – Coursera Report 

Follow us on social media:

Recent News

Latest crude oil price drop threatens Nigeria’s revenue and naira stability 

US imports $1.34 billion Nigerian crude oil in five months despite Trump tariffs

July 20, 2025
President Bola Tinubu,

Nigeria’s public debt may hit N160.6 trillion by December as borrowing intensifies – Report 

July 20, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics