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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]
In the same year, it was adjudged the best bank in Nigeria for the ninth time. [40] In 2020, Guaranty Trust Bank was awarded the Euromoney Excellence in Leadership Africa Award and was also named the Best Bank in Nigeria by Euromoney [41] in 2020 and Africa's best Bank by the same publication in 2021. [42]
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 ...
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.
Union Bank is a large commercial bank, serving individuals, small and medium-sized companies, as well as large corporations and organizations. In July 2009, it was rated the 556th largest bank in the world and the 14th largest bank in Africa. [2] As of Mar 31, 2018, the bank's asset base was estimated at NGN1, 381 billion (US$4.1billion).
Notably in 2005, Fidelity Bank acquired FSB International Bank Plc (“FSB”) and Manny Bank Plc (“Manny”) to create one of the top 10 Nigerian banks. In 2011, the bank was ranked the 7th most capitalized bank in Nigeria, 25th most capitalized bank on the African continent.
Sterling Financial Holdings Company Plc. Sterling Bank Ltd. [1] is a full-service national commercial bank licensed by the Central Bank of Nigeria. On Reuters and Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively. [2] The Bank provides services to individuals, small businesses, and large corporations.
Parallex Bank Limited is a Nigerian financial services provider that operates as a licensed commercial bank, regulated by the Central Bank of Nigeria, the country's central bank and national banking regulator. [1] In December 2023, Parallex Bank was awarded Reputable Bank of the Year by the Global Reputation Forum in UK for being the first bank ...