BREAKING: CBN Releases Full List of Licensed Deposit Money Banks

BREAKING: CBN Releases Full List of Licensed Deposit Money Banks

 

BY: Adeosun opeyemi 


The publication comes amidst controversies surrounding the legalities and operations of some banks.

The central bank also indicated the authorization level of each bank, whether it is international, national or regional.

The full list of licensed Deposit Money Banks, presented in alphabetical order, also shows the operational bases to inform the banking public.

Banks with international authorization, according to the central bank, include Access Bank Limited, Fidelity Bank Plc, First City Monument Bank, First Bank Nigeria Limited, Guaranty Trust Bank Limited, United Bank of Africa Plc, and Zenith Bank Plc.

Commercial banks with national authorization include 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, and Optimus Bank Limited.

Banks operating with regional licenses are Providus Bank Limited, Parallex Bank Limited, Suntrust Bank Nigeria Limited, and Signature Bank Limited.

Those with non-interest banking licenses with national authorization are Jaiz Bank Plc, Taj Bank Limited, Lotus Bank Limited, and Alternative Bank Limited.

The central bank also included in the list those with Merchant banking licenses with national authorization, which are Coronation, FBN Merchant Bank Limited, FSDH Merchant Bank, Greenwich Merchant Bank Limited, Nova Merchant Bank Limited, and Rand Merchant Bank Limited.

Post a Comment

0 Comments