Heritage Bank has concluded plans to list its shares on the Nigerian Stock Exchange (NSE) in two years from now.

The Executive Director, Ivory Banking, Mrs. Mary Akpobome, disclosed this in Lagos at the grand finale of the 2014 edition of Ikoyi Club’s annual tennis grand slam competition sponsored by the Heritage Bank.

The bank, she revealed, would list its shares on the stock exchange as soon as its operations became expanded.
 She said: “For now, we are a regional bank. But, in the next two years, judging from the advances we are currently making and the solid plans we have put in place, we should be listed on the stock exchange.”

Assessing the bank’s performance in its almost one year of operation, she said the market was favourable, adding that this should not be a surprise because of the quality of people employed by the bank and their expertise.

“I can proudly say that we have done extremely well since we came on board,” she said.

Akpobome, who said that the bank had over 11,000 customers, lauded the immense public goodwill the bank has enjoyed since it became operational in 2013.
 She said: “We are happy that our projections as a new entity have been met. We planned to attain certain goals in five years, but already, we have achieved them in less than the first year of our existence. That speaks a lot about the passion of people the bank was able to put in place.”
She pledged the bank’s continued commitment to customer-centric innovations.

“Ours is a bank that is truly set up to understand the customers,” she said, adding that the “driving force behind our business is commitment to excellent service delivery.”

 She said that Heritage is the only bank that has absolute zero Cost of Transfer (COT),” stressing that  “we don’t charge COT on any of our product, whether you are borrowing from us or keeping money with us, going forward, we are absolutely committed to pioneering other innovations in the areas of service delivery and consumer delight.”

Source: Daily Trust (by Kayode Ekundayo)