Did You Know? The First ATM In Nigeria

The first ATM in all of Nigeria was actually installed in 1989,-more than 20 years before they became a thing, by National Cash Register for the now-defunct Societe Generale Bank of Nigeria (SGBN). Read more about Did you know? Thirty years later, ATM’s are now commonplace in the banking system but have not quite […]
Heritage Bank Reiterates Vow to Return Trapped Deposits in Societe Generale

Heritage Bank has announced again that it will refund 100% of customers’ deposits trapped in the defunct Societie Generale Bank of Nigeria, SGBN, if proof of such is provided. The Managing Director of the Bank, Ifie Sekibo made this known when he visited the Goveronor of Lagos State, Babatunde Fashola, at his office in Alausa, […]
Heritage Bank Sustains Verification of SGBN Account Holders

Heritage Bank Nigeria has sustained the verification exercise to revalidate account holders of the former Societe Generale Bank, more than six months after the commencement of the exercise. Heritage Bank acquired the banking license of the defunct SGBN, as well as its deposit liabilities. The bank promised to settle depositors of the former bank and […]
Heritage Bank, formerly Societe-General, Restarts Regional Operations in Nigeria

By January 29, Heritage Bank, formerly Societe-Generale, will commence operations as a regional bank, in Nigeria. This comes months after the Central Bank of Nigeria (CBN) restored the banking licence of Societe Generale Bank of Nigeria (SGBN), but will now do business as Heritage Banking Company Limited. Operations will commence with accounts validation of former […]