# Heritage Bank Nigeria

> Source: https://docs.barcoder.ai/docs/wallets/heritage-bank-nigeria
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Heritage Bank — official](https://www.hbng.com/)

## Overview

**Heritage Bank Nigeria** is **Nigerian commercial bank** + **CBN Central Bank of Nigeria seizure + liquidation Jun 3 2024 post-financial distress** + **operations suspended** + **legacy commercial bank** <sup>[1][1], [Nigeria report](https://docs.barcoder.ai/docs/payments/NG)</sup>.

## History

**2012 — Heritage Bank founded via Society General Bank of Nigeria SGBN acquisition by IEI Investments Limited**.

**Sep 3 2014 — Heritage Bank acquires Enterprise Bank Limited**.

**Jun 3 2024 — CBN Central Bank of Nigeria seizes + liquidates Heritage Bank post-financial distress + NDIC Nigeria Deposit Insurance Corporation deposit insurance payout to Heritage Bank Nigerian depositors** distinctive Nigerian banking liquidation.

## Ownership & operator

**Operating entity**: **Heritage Bank Plc** (Nigerian commercial bank; liquidation underway).

**Major shareholders**: **IEI Investments Limited + Nigerian retail + institutional investors (Jun 3 2024 CBN liquidation)**.

**Regulators**: **CBN Central Bank of Nigeria + NDIC Nigeria Deposit Insurance Corporation**.

## Technical integration

Heritage Bank Nigerian mobile banking app (operations suspended post-Jun 3 2024 CBN seizure + liquidation) + hbng.com online (legacy); NG IBAN + NIBSS Instant Payments + NQR Nigeria (legacy).

## Implementations & partners

**Major Nigerian banking + payments competitors**: [Zenith Bank](https://docs.barcoder.ai/docs/wallets/zenith-bank) (Zenith Bank; NGX: ZENITHBANK) + [First Bank of Nigeria (FirstMobile)](https://docs.barcoder.ai/docs/wallets/first-bank-nigeria) (First Bank of Nigeria FBN; NGX: FBNH) + [GTBank (Guaranty Trust Bank; GTWorld)](https://docs.barcoder.ai/docs/wallets/gtbank) (Guaranty Trust Bank GTBank; NGX: GTCO) + [Access Bank](https://docs.barcoder.ai/docs/wallets/access-bank) (Access Bank; NGX: ACCESSCORP) + [UBA (United Bank for Africa)](https://docs.barcoder.ai/docs/wallets/uba) (UBA United Bank for Africa; NGX: UBA) + [Union Bank of Nigeria](https://docs.barcoder.ai/docs/wallets/union-bank-nigeria) (Union Bank of Nigeria UBN; NGX: UBN) + [Fidelity Bank Nigeria](https://docs.barcoder.ai/docs/wallets/fidelity-bank-nigeria) (Fidelity Bank Nigeria; NGX: FIDELITYBK) + [Wema Bank](https://docs.barcoder.ai/docs/wallets/wema-bank) (Wema Bank; NGX: WEMABANK) + [Sterling Bank Nigeria](https://docs.barcoder.ai/docs/wallets/sterling-bank-nigeria) (Sterling Bank; NGX: STERLINGNG) + [FCMB First City Monument Bank](https://docs.barcoder.ai/docs/wallets/fcmb-nigeria) (First City Monument Bank FCMB; NGX: FCMB) + [Ecobank / Ecobank Mobile App](https://docs.barcoder.ai/docs/wallets/ecobank) (Ecobank Transnational Inc; ETI) + [Stanbic IBTC Nigeria / Stanbic IBTC Mobile 3.0 (APPbility)](https://docs.barcoder.ai/docs/wallets/stanbic-ibtc) (Stanbic IBTC; NGX: STANBIC) + [Polaris Bank](https://docs.barcoder.ai/docs/wallets/polaris-bank) (Polaris Bank Plc) + [Jaiz Bank](https://docs.barcoder.ai/docs/wallets/jaiz-bank) (Jaiz Bank; NGX: JAIZBANK; Nigerian Islamic bank) + [Standard Chartered Nigeria](https://docs.barcoder.ai/docs/wallets/standard-chartered-nigeria) (Standard Chartered Nigeria) + [Citibank Nigeria](https://docs.barcoder.ai/docs/wallets/citi-nigeria-bank) (Citibank Nigeria; Citigroup US subsidiary).

**Regulators**: CBN Central Bank of Nigeria + NDIC Nigeria Deposit Insurance Corporation.

## Status

**Liquidated, Nigerian commercial bank + CBN Central Bank of Nigeria seizure + liquidation Jun 3 2024 post-financial distress + operations suspended + legacy commercial bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.hbng.com/ "Heritage Bank — official"
[2]: https://en.wikipedia.org/wiki/Heritage_Bank_(Nigeria) "Heritage Bank — Wikipedia"
[ng-cro]: https://docs.barcoder.ai/docs/payments/NG

- [1] [Heritage Bank — official][1]
- [2] [Heritage Bank — Wikipedia][2]
- <sup>[Nigeria report](https://docs.barcoder.ai/docs/payments/NG)</sup> In-corpus: `reports/countries/NG-nigeria.md`

## Source

Biography extracted from [heritage-bank-nigeria.md](https://docs.barcoder.ai/source/wallets/heritage-bank-nigeria). See `matrix.md` for standards-support matrix if present.