Business

Heritage Bank bags best ‘Financial Institution’ award

Published

8 years ago

May 28, 2018

Heritage Bank Plc has been named best financial institution for its outstanding support for Tourism in Nigeria by the Institute for Tourism Professionals, organisers of the National Tourism Transport Summit and Expo 2018 (NTTS).

The award, according to the organizers, was in recognition of the contribution of the bank to the growth and development of the tourism industry over the years.

Receiving the award on behalf of the bank at the Gala night in Abuja, the MD/CEO, Ifie Sekibo, who was represented by George Oko-Oboh, Regional Executive, Abuja & North, said it was a well-deserved honour for the bank.

He disclosed that the bank is partnering with stakeholders and plans to increase its investment in the sector in the years ahead.

Sekibo said, “It is a well-deserved award for the bank because over the years the bank has believed in tourism and we always keep trying as much as possible to support the tourism sector.

“In the coming years, we should expect more of better handshake. We intend to do more; because looking at what they are trying to achieve here now, we have seen that they are trying to take in much into the other sectors. We think we would still be there for them.

“The sector is quite lucrative, but for us, what we are doing basically is like partnership. That is what we have done with them over the years. We have done quite a few investments in the sector.”

Also speaking on the award, a member of the Local Organising Committee of the NTTS, Mr. Kayode Adesola, said several banks were selected for the honour, but Heritage Bank emerged the winner because of its unique approach and support for operators in the industry.

He said, “It is not as if the banks have given money to operators, but there have been some banks that have been of help to some of the players in the industry; like the travel agents, tour operators and others.

“In giving out this particular award, we consider the fact that banks such as Heritage Bank and a few others had been helping to facilitate smooth engagements in the industry. For instance, some the banks serve as guarantors; they give us bank guarantee to be able to cope with the requirement outside there to operate as travel professionals.”

Adesola, who is also the Vice President of the National Association of Nigeria Travel Agents (NANTA) Abuja Zone, stated that over the years, the tourism business in Nigeria had suffered many challenges and neglect, especially from government, mostly in the area of poor funding and poor infrastructure.

However, he said the present administration, spurred by the support of financial institutions, had increased its collaboration with private sector players in the tourism industry.

He further called for increased support from financial institutions and governments at all levels, especially in creating enabling environment for operators to thrive.