{"id":68346,"date":"2023-01-16T08:32:19","date_gmt":"2023-01-16T07:32:19","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=68346"},"modified":"2023-01-16T08:32:19","modified_gmt":"2023-01-16T07:32:19","slug":"heritage-bank-emerges-1st-institution-to-win-cbns-best-supporting-bank-with-abp-information","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/heritage-bank-emerges-1st-institution-to-win-cbns-best-supporting-bank-with-abp-information\/","title":{"rendered":"Heritage Bank Emerges 1st\u00a0Institution To Win CBN\u2019s Best Supporting Bank With ABP Information"},"content":{"rendered":"

Heritage Bank Plc, one of Nigeria\u2019s most innovative service providers, has emerged as the first financial institution in Nigeria to win the \u201cBest Supporting Bank with Central Bank of Nigeria\u2019s Information on Anchor Borrowers\u2019 Programme (ABP).\u201d<\/p>\n

\"\"The apex bank recently awarded Heritage Bank at the Bankers\u2019 Award Night organized and held by the CBN Bankers\u2019 Committee in Abeokuta for its robust publications of information in the media space on the several feats around the ABP. The CBN also noted that Heritage Bank has continued to be a key financial partner that is creating economic linkages with small farmers and reputable large-scale processors, with a view of increasing agricultural output and significantly improving the capacity utilization of processors.<\/p>\n

Commenting on the recognition, Managing Director of the Bank, Akinola George-Taylor said, \u201cThe award reflects our strong business fundamentals, resilience, and commitment to transforming Nigeria\u2019s agricultural value-chain. With the support of the bank, we have helped farmers boost the production of commodities and stabilize inputs supply to agro processors which has helped in addressing the country\u2019s food insecurity.<\/p>\n

\u201cAs a strategic partner that is complementing the efforts of CBN and other stakeholders in the agric sector, we have continued to communicate the broad objectives of ABP.\u00a0 The bank has focused on increasing finance to the agricultural sector, the creation of new generations of farmers\/entrepreneurs, and growing employment rates. This has led to the reduction of agricultural commodity importation and conservation of external reserves, and the assistance of rural smallholder farmers to grow to commercial production levels, amongst others.\u201d<\/p>\n

Heritage Bank has remained the pioneer Bank in financing the first ever large-scale rain-fed wheat production in Nigeria and is a prominent participating financial institution (PFI) under CBN\u2019s ABP scheme. Heritage Bank Plc in partnership with CBN has also disbursed N41billion to farmers from 14 states for the expansion of wheat production.<\/p>\n

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

CBN Award.jpg<\/p>\n

Ag MD – Akinola_Goerge-Taylor PIX.png<\/p>\n

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Heritage Bank Plc, one of Nigeria\u2019s most innovative service providers, has emerged as the first financial institution in Nigeria to win the \u201cBest Supporting Bank with Central Bank of Nigeria\u2019s Information on Anchor Borrowers\u2019 Programme (ABP).\u201d<\/p>\n","protected":false},"author":6,"featured_media":68347,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[906],"coauthors":[2391],"class_list":["post-68346","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-heritage-bank"],"yoast_head":"\nHeritage Bank Emerges 1st\u00a0Institution To Win CBN\u2019s Best Supporting Bank With ABP Information - National Wire<\/title>\n<meta name=\"description\" content=\"Heritage Bank Plc, one of Nigeria\u2019s most innovative service providers, has emerged as the first financial institution in Nigeria\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/heritage-bank-emerges-1st-institution-to-win-cbns-best-supporting-bank-with-abp-information\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heritage Bank Emerges 1st\u00a0Institution To Win CBN\u2019s Best Supporting Bank With ABP Information - 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