Enterprise Bank Limited – Reviews and Ratings
Enterprise Bank was formed in August 2011 by taking over the assets and some of the liabilities of the now defunct Spring Bank, whose commercial banking license was revoked. Enterprise Bank Limited (EBL) received a license to operate as a commercial bank from the Central Bank of Nigeria (CBN) on August 5, 2011.
As of September 2013, the assets of Enterprise Bank Limited are 100% owned by Asset Management Company of Nigeria (AMCON), an arm of the Federal Government of Nigeria.
Enterprise Bank is a large financial services provider in Nigeria. As of December 2012, the bank’s total assets were estimated at about US$1.63 billion (NGN 261.1 billion). The bank’s shareholders’ equity was valued at about US$186.5 million (NGN 29.8 billion) in August 2011
With a vision to be the preferred bank for value creation and a mission to delight stakeholders through a highly motivated workforce using innovative solutions, EBL looks set for solid growth and eventual emergence as one of the most efficient banks in Nigeria.
The core values of Enterprise Bank is explained by a “new” SPIRIT
S – Service Excellence
P – Professionalism
I – Innovation
R – Respect for Individual
I – Integrity
T – Teamwork
Industry: Financial Services
Headquarters: 143 Ahmadu Bello Way, Victoria Island, Lagos, Nigeria
Revenue: Pretax: US$70.64 million (NGN 11.3 billion) (2012)
Total assets: US$1.63+ billion (NGN 261.1 billion) (2012)
Contacts: 0700entbank, 0700 368 2265
Categories: Bank Reviews
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