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Access Bank Plc. Fidelity Bank Plc. First City Monument Bank Limited. First Bank of Nigeria Limited. Guaranty Trust Holding Company Plc. Union Bank of Nigeria Plc. United Bank for Africa Plc. Zenith Bank Plc. This is a list of commercial banks with National Authorization in Nigeria, arranged alphabetically: [1]
The first domestic bank In Nigeria was established in 1929 and called the Industrial and Commercial Bank. The bank liquidated in 1930 and was replaced by Mercantile Bank in 1931. The African Continental Bank was created in 1949 as the only sustainable indigenous bank after the liquidation of the Industrial and Commercial Bank. [4] The year 1947 ...
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. [3] The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort ...
Savannah Bank. Stanbic IBTC Holdings. Sterling Bank (Nigeria) SunTrust Bank Nigeria Limited.
First Bank of Nigeria. First Bank of Nigeria is a multinational bank and financial services company with headquarters in Lagos, Nigeria. [1] First Bank was founded in 1894, by Sir Alfred Jones, but is currently owned by FBN Holdings PLC, which in itself has diversified ownership with over 1.3 million shareholders.
Zenith Bank: 27.446 16 Commercial International Bank: 25.675 17 United Bank for Africa: 24.256 18 First Bank of Nigeria: 23.631 19 Commercial Bank of Ethiopia: 22.711 20 QNB Al Ahli: 19.515 21 Banque du Caire: 16.365 22 Arab African International Bank: 15.345 23 Mauritius Commercial Bank: 14.479 24 Guaranty Trust Bank: 14.401 25
Website. ubagroup.com. United Bank for Africa Plc ( UBA) is a multinational pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. [ 3] In December 2021, UBA received its banking license to commence ...
Total assets. $21,667bn (2021) [3] Parent. Zenith Bank. Website. www .zenithbank .com. Zenith Bank Plc is a major financial services provider in Nigeria and Anglophone West Africa, headquartered in Victoria Island, Lagos. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator.