Heritage Bank Introduces Portable PoS Machines

Heritage Banking Company Limited has introduced a smaller form of point of sale (PoS) solution christened ‘PortaPOS’ to ride on the mPOS revolution, which is fast gaining acceptance worldwide.

The device is aimed at providing seamless payment channel for the bank’s merchants. It is also expected to address payment challenges within the retail payments space and also in support of the cashless policy spearheaded by the Central Bank of Nigeria.

The PortaPOS is a

AMCON Completes Sale of Enterprise Bank to Heritage Bank

The Asset Management Corporation of Nigeria (AMCON) yesterday announced the successful completion of the sale of the entire issued and fully paid up ordinary shares of Enterprise Bank Limited to HBCL Investment Services Limited (HISL) for a consideration of N56.1 billion.

The transaction, according to AMCON, was structured as a broad public auction process which attracted interest from multiple domestic and international bidders, with HISL emerging as the preferred bidder.

It reiterated that

Heritage Bank Holds Business Exhibition

Heritage Bank Limited has announced plans to host its maiden business fair to support the small and medium scale enterprises (SMEs) in the country.

The two-day exhibition is one of the activities to mark the bank’s 2014 customer service week scheduled for October.

Explaining the rationale behind the maiden Business Fair, Group Head, SME, Heritage Banking Company Limited, Bayo Ogunnusi said, it is being organised in line with the bank’s vision of promoting economic development through supports for SMEs.

He added, in a statement that