The Central Bank of Nigeria (CBN) has released a comprehensive list of Deposit Money Banks (DMBs) in the country.
- Commercial banking licence with INTERNATIONAL authorisation
- Commercial banking licence with NATIONAL authorisation
- Commercial banks with REGIONAL authorisation
- Non-interest banking license with NATIONAL authorisation
- Merchant banking licence with NATIONAL authorisation
- Financial holding companies in Nigeria
- Representative office
The list was disclosed in a post on CBN’s verified X handle (formerly Twitter) on Tuesday.
Commercial banking licence with INTERNATIONAL authorisation
1. Access bank
2. Fidelity bank
3. First City Monument Bank
4. First Bank
5. Guaranty Trust Holding Company
6. United Bank for Africa
7. Zenith Bank
Commercial banking licence with NATIONAL authorisation
1. Citibank
2. Ecobank
3. Heritage bank
4. Keystone bank
5. Optimus bank
6. Polaris bank
7. Stanbic IBTC
8. Standard Chartered
9. Sterling bank
10. Titan Trust bank
11. Unity bank
12. Wema bank
13. Premium trust bank
14. Globus bank
15. Union bank
Commercial banks with REGIONAL authorisation
1. Parallex bank
2. Providus bank
3. SunTrust bank
4. Signature bank
Non-interest banking license with NATIONAL authorisation
1. Jaiz bank
2. Lotus bank
3. TAJ bank
4. Alternative bank
Merchant banking licence with NATIONAL authorisation
1. Coronation Merchant bank
2. FBN Merchant bank
3. FSDH Merchant bank
4. Greenwich Merchant bank
5. Rand Merchant bank
6. Nova Merchant bank
Financial holding companies in Nigeria
1. Access holdings
2. FBN holdings
3. FCMB Group
4. FADH holdings
5. Guaranty trust holding company
6. Stanbic IBTC holdings
7. Sterling financial holdings
Representative office
1. The Mauritius Commercial Bank Representative Office (Nigeria) Limited
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