Enterprise Bank Limited
| Company type | Credit Cards |
|---|---|
| Revenue |  Pretax:US$70.64 million (NGN:11.3 billion) (2012) |
| Total assets | US$1.63+ billion (NGN:261.1 billion) (2012) |
| Website | Homepage |
Enterprise Bank Limited (EBL), also known as Enterprise Bank, was a commercial bank in Nigeria. It was licensed as a commercial bank by the Central Bank of Nigeria, the country's banking regulator.[1]
Overview
Enterprise Bank was a large financial services provider in Nigeria. As of December 2012[update], the bank's total assets were estimated at US$1.63 billion (NGN:261.1 billion).[2] According to the bank's website, shareholders' equity was valued at approximately US$186.5 million (NGN:29.8 billion) in August 2011.[3]
History
Enterprise Bank was established in August 2011 through the acquisition of assets and certain liabilities from the now defunct Spring Bank, which had its commercial banking license revoked. EBL obtained a commercial banking license on 5 August 2011.[4]
Ownership
As of September 2013[update], all the assets of Enterprise Bank Limited were 100% owned by Asset Management Company of Nigeria (AMCON), a subsidiary of the
Governance
The
See also
References
- ^ "Central Bank of Nigeria:: All Financial Institutions". www.cenbank.org. Retrieved 29 August 2017.
- ^ "Nigeria: Journey Towards the Sale of Enterprise Bank". This Day (Lagos). 18 September 2013. Retrieved 29 August 2017.
- ^ "entbankng.com". web.entbankng.com. Retrieved 29 August 2017.
- ^ Chima, Obinna (6 August 2011). "Nigeria: Afribank, Spring Bank, Bank PHB Nationalised". This Day (Lagos). Retrieved 29 August 2017.
- ^ Babajide Komolafe (26 August 2015). "CBN, Court approve Heritage, Enterprise banks merger". Vanguard Media Limited, Nigeria.
- ^ "FG appoints MDs for nationalised banks – Vanguard News". Vanguard News. 8 August 2011. Retrieved 29 August 2017.