CBN Unveils, Classifies Approved Deposit Money Institutions
The Central Bank of Nigeria (CBN) has released the full list of deposit money banks and other financial institutions in Nigeria.
Issued on Tuesday, 7th May, the listing confirms deposit money banks and other financial institutions in Nigeria as of 26th April, 2024.
CBN categorised them into those having:
- Commercial banking licences with international authorisation
- Commercial bank licences with national authorisation, and
- Commercial banking licences with regional authorisation
- Non-interest banking licences with national authorisation
- Merchant banking licences with national authorisation
- Financial holding companies in Nigeria and representative office.
COMMERCIAL BANKING LICENCE WITH INTERNATIONAL AUTHORISATION
- ACCESS BANK LIMITED
2 FIDELITY BANK PLC
3 FIRST CITY MONUMENT BANK
LIMITED
4 FIRST BANK NIGERIA LIMITED
5 GUARANTY TRUST BANK LIMITED
6 UNITED BANK OF AFRICA PLC
7 ZENITH BANK PLC
COMMERCIAL BANKING LICENCE WITH NATIONAL AUTHORISATION
- CITIBANK NIGERIA LIMITED
- ECOBANK NIGERIA LIMITED
- HERITAGE BANK PLC
- GLOBUS BANK LIMITED
- KEYSTONE BANK LIMITED
- POLARIS BANK LIMITED
- STANBIC IBTC BANK LIMITED
- STANDARD CHARTERED BANK LIMITED
- STERLING BANK LIMITED
- TITAN TRUST BANK LIMITED
- UNION BANK OF NIGERIA PLC
- UNITY BANK PLC
- WEMA BANK PLC
- PREMIUM TRUST BANK LIMITED
- OPTIMUS BANK LIMITED
COMMERCIAL BANKING LICENCE WITH REGIONAL AUTHORISATION
- PROVIDUS BANK LIMITED
- PARALLEX BANK LIMITED
- SUNTRUST BANK NIGERIA LIMITED
- SIGNATURE BANK LIMITED
NON INTEREST BANKING LICENSE WITH NATIONAL AUTHORISATION
- JAIZ BANK PLC
- TAJ BANK LIMITED
- LOTUS BANK LIMITED
- ALTERNATIVE BANK LIMITED
MERCHANT BANKING LICENCE WITH NATIONAL AUTHORISATION
- CORONATION MERCHANT BANK LIMITED
- FBN MERCHANT BANK LIMITED
- FSDH MERCHANT BANK LIMITED
- GREENWICH MERCHANT BANK LIMITED
- NOVA MERCHANT BANK LIMITED
- RAND MERCHANT BANK LIMITED
FINANCIAL HOLDING COMPANIES IN NIGERIA
- ACCESS HOLDINGS PLC
- FCMB GROUP PLC
- FSDH HOLDING COMPANY LIMITED
- GUARANTY TRUST HOLDING COMPANY PLC
- STANBIC IBTC HOLDINGS PLC
- STERLING FINANCIAL HOLDINGS LIMITED
REPRESENTATIVE OFFICE
- THE MAURITIUS COMMERCIAL BANK REPRESENTATIVE OFFICE(NIGERIA) LIMITED