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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 banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.
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 March 31, 2018, the bank's asset base was estimated at NGN1, 381 billion (US$4.1billion).
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.
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.
Polaris Bank is a large financial services provider in West Africa and Central Africa with headquarters in Nigeria. As of September 2010, the bank's total assets were valued in excess of US$3.9 billion (NGN:611.5 billion), with shareholders' equity of approximately US$630 million (NGN:98.4 billion). [6]
Ecobank network. Ecobank Nigeria is a member of Ecobank, the leading independent pan-African bank, headquartered in Lomé, Togo, with affiliates in West, Central and East Africa. Ecobank, which was established in 1985, has grown to a network of over 1,000 branches, employing over 10,000 people, with offices in 32 countries including Benin ...
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 ...