Heritage Bank (Nigeria) is primarily owned by Heritage Investment Services Limited, holding a significant 80% stake. The remaining ownership is distributed among priority shareholders and other minority shareholders.
Detailed Ownership Structure of Heritage Bank (Nigeria)
The ownership of Heritage Bank (Nigeria) is structured as follows, reflecting a clear majority holder and a distribution among various shareholder groups:
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | Heritage Investment Services Limited | 80.0% |
2 | Priority Shareholders | 9.0% |
3 | Other Minority Shareholders | 11.0% |
Total | 100.0% |
Heritage Investment Services Limited stands as the dominant owner, controlling a vast majority of the bank's shares. This indicates a concentrated ownership structure, where a single entity holds significant influence over the bank's strategic direction and operations.
The remaining shares are held by:
- Priority Shareholders: These typically refer to a specific class of investors who may have certain preferential rights or privileges within the company's governance. They collectively own 9% of the bank.
- Other Minority Shareholders: This category encompasses a broader group of individual or institutional investors holding smaller percentages of the bank's shares. They collectively account for 11% of the total ownership.
This ownership breakdown provides a clear picture of who holds the controlling interest in Heritage Bank (Nigeria). For more information, you can refer to the Heritage Bank (Nigeria) Wikipedia page.