CBN releases fresh list of Nigerian banks according to categorisation

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Abuja, May 8, 2024 – The Central Bank of Nigeria (CBN) has released a comprehensive list of 44 licensed Deposit Money Banks operating within the country.

The apex bank has posted the list of the banks according to their catgorisation  on its official website..

Banks with international authorisation:

1. 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, and
7. Zenith Bank Plc.

 Commercial banks with national authorisation:

1.Citibank Nigeria Limited,

2. Ecobank Nigeria Limited,
3. Heritage Bank Plc,
4. Globus Bank Limited,
5. Keystone Bank Limited,
6. Polaris Bank Limited,
7. Stanbic IBTC Bank Limited,
8. Standard Chartered Bank Limited,
9. Sterling Bank Limited,
10. Titan Trust Bank Limited,
11. Union Bank of Nigeria Plc,
12. Unity Bank Plc,
13. Wema Bank Plc,
14. Premium Trust Bank Limited and
15. Optimus Bank Limited.

Commercial banks with regional licenses:

1. Providus Bank Limited,
2. Parallex Bank Limited,
3. Suntrust Bank Nigeria Limited, and
4. Signature Bank Limited.

Non-interest banks with national authorisation:

1Jaiz Bank Plc,
2. Taj Bank Limited,
3. Lotus Bank Limited, and
4. Alternative Bank Limited.

Merchant Banks with national authorisation

1.Coronation Merchant Bank Limited,
2. FBN Merchant Bank Limited,
3. FSDH Merchant Bank Limited,
4. Greenwich Merchant Bank Limited,
5. Nova Merchant Bank Limited, and
6. Rand Merchant Bank Limited.

Financial holding companies:

1. Access Holdings Plc,
2. FBN Holdings Plc,
3. FCMB Group Plc,
4. FSDH Holding Company Limited,
5. Guaranty Trust Holding Company Plc,
6. Stanbic IBTC Holdings Plc, and
7. Sterling Financial Holdings Limited.

Bank Representative Office

1. The Mauritius Commercial Bank Representative Office (Nigeria) Limited .  (GBN)

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