Bank
Bank is a financial institution that accept deposites of Money, Valuable document, from the public and creates credit.
Here are the list of commercial banks with International Authorization in Nigeria.
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Access Bank
Access Bank plc popularly known as Access Bank.
Type: Public
NSE : ACCESS
Industry: Banking
Founded: 1989
Headquarters: Plot 999c, Danmole Street off Adeola Odeku/Idejo Street,
Victoria Island , Lagos, Lagos State , Nigeria
Key people: Mosun Belo-Olusoga, Chairperson ; Herbert Wigwe , Group Managing Director and Chief Executive Officer
Products: Loans, Credit Cards , Savings ,
Investments, Mortgages
Revenue: US$174 million (NGN:62 billion) as at 2018
Total assets: US$12.5+billion (NGN:4.552 trillion) as at 2018
Number of employees: 9,000+ as at 2012
Website: www.accessbankplc.com
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Fidelity Bank
Fidelity Bank plc popularly known as Fidelity Bank.
Type: Public
Traded as NSE : FIDELITY BANK
Industry: Financial Services
Founded: 1988
Headquarters: Lagos State, Nigeria
Key people: Mr Ernest Ebi ( Chairman), Nnamdi Okonkwo ( Managing Director &
Chief Executive Officer )
Products: Loans, Credit Cards , Savings ,
Investments, Mortgages
Total assets: US$4.2 billion (NGN:1.4 + trillion) as at 2017
Website: www.fidelitybank.ng
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FCMB
First City Monument Bank (FCMB) Ltd Popularly known as FCMB.
Type: Public
NSE : FCMB
Industry: Finance
Founded: 20 April, 1982
Founder: Oloye Subomi Balogun
Headquarters: Lagos Island , Lagos, Lagos State , Nigeria
Area served: Nigeria
United Kingdom
Key people: Jonathan Long Chairman Ladi Balogun Group Chief Executive Adam Nuru Managing Director
Services: Banking
Revenue : US$72 million (NGN:11.9 billion) as at 2012
Total assets: US$3.7 billion (NGN:614.2 billion) as at 2012
Number of employees: Over 2,000 as at 2013
Website: www.fcmb.com
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First Bank
First Bank of Nigeria popular known as Firsr Bank.
First Bank
Type: Public
Industry: Finance
Founded: 1894 as (Bank of British West Africa)
(renamed as First Bank of Nigeria ) 1979
Headquarters: 35 Marina, Lagos, Lagos State , Nigeria
Number of locations: 790 branches as at 2012
Key People: Mrs. Ibukun Awosika Chairman
Urum Kalu Eke Mfr Group Managing Director, FBN Holdings Dr. Adesola Adeduntan
Group Managing Director/CEO Gbenga Francis Shobo, ACA Deputy Managing Director
Abdullahi Ibrahim Executive Director, Public Sector
Products: Financial Services
Revenue Pretax: N10,675,000,000
Operating income: N294,284,000,000
Net income: N13,588,000,000
Total assets: N4,514,789,000,000
Number of employees: 7,616
Website: www.firstbanknigeria.com
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GTB
Guaranty Trust Bank plc Popularly known as GTBank.
Type: Public limited company
Traded as LSE: GRTB
ISIN: US40124Q2084
Industry: Finance
Founded: 17 January 1990
Headquarters: 635 Akin Adesola Street,
Victoria Island, Lagos, Lagos State , Nigeria
Area served: Cote d’Ivoire , Kenya , Liberia ,
Gambia , Ghana , Nigeria , Rwanda ,
Tanzania , Uganda , United Kingdom
Key people: Segun Agbaje, ( CEO ) Osaretin Demuren , ( Chairman)
Products: Retail banking
Commercial banking
Corporate banking
Services: Banking
Revenue: ₦ 278.5 billion as at 2014
Operating income: ₦ 210.8 billion as at 2014
Net income: ₦ 98.7 billion as at 2014
Total assets: ₦ 3.16 Trillion as at 2016
Total equity: ₦ 374.3 billion as at 2014
Number of employees: 10,000+ as at 2014
Website: www.gtbank.com
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Union Bank
Union Bank of Nigeria Plc popularly known as Union Bank of Nigeria(UBN).
Union Bank (Nigeria)
Type: Public Company
Traded as NSE : UBN
Industry: Financial Services
Founded: 1917
Headquarters: 36 Marina, Lagos Island ,
Lagos , Lagos State, Nigeria
Key people: Cyril Akporuere Odu Chairman Emeka Emuwa Chief Executive Officer
Total assets: US$4.1 billion (NGN1,381 billion) as at 2018
Website: www.unionbankng.com
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UBA
United Bank for Africa Plc popularly known as UBA.
United Bank for Africa
Type: Public
NSE: UBA
Industry: Financial Services , Banking,
Investment Services
Founded: 1949
Headquarters: UBA House, 57 Marina, P.O. Box 2406, Lagos , Lagos State , Nigeria
Areas served Worldwide
Key people: Tony Elumelu (C.O.N) [1]
Group Chairman Kennedy Uzoka [2]
Group Managing Director & Chief Executive Officer
Products: Internet banking
Mobile banking
Wholesale Banking
Corporate banking
Investment Banking
Consumer Banking
Money Transfer
Debit Cards
Collections
Treasury
Trade
Savings Accounts
Current Accounts
Domiciliary Accounts
Non-Resident African Banking
Website: www.ubagroup.Com
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Zenith Bank
Zenith Bank popularly known as ZETB.
Zenith Bank
Type: Public limited company
Traded as NSE : ZENITHBANK
LSE: ZETB
Industry: Finance
Genre: Banking
Founded: May 1990
Founder: Jim Ovia, CON.
Headquarters: Zenith Heights, Plot 84, Ajose Adeogun street, Victoria Island, Lagos , Lagos State, Nigeria
Area served: Ghana, Nigeria, Sierra Leone, South Africa, UK
Key people: Jim Ovia, Chairman Ebenezer Onyeagwu, CEO Adaora Umeoji,DMD
Dennis Olisa, Executive Director
Umar Ahmed, Executive Director
Temitope Fasoranti, Executive Director
Henry Oroh, Executive Director
Services: Banking
Revenue: ₦331,586,000,000 as at 2019
Total assets: ₦5,898,596,000,000 as at 2019
Subsidiaries: Zenith Insurance, Zenith Pension Custodian, Zenith Securities, Zenith Bank Ghana, Zenith Bank UK, Zenith Trust Company, CyberSpace Networks
Website: www.zenithbank.com
Here are the list of commercial banks with National Authorization in Nigeria.
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Citibank
Citibank Nigeri Limited popularly known as Citybank.
CitiBank
Type: Subsidiary of Citigroup
Industry: Financial services
Founded: June 16, 1812; 207 years ago (as City Bank of New York)
Headquarters: New York City , New York
Key people (CEO of Citigroup)(Chairman of
Citigroup ) Michael Corbat (COO of Citigroup)
Asset’s: $1 billion as at 1919
Products: Credit cards
Mortgages
Personal loans
Commercial loans
Lines of credit
Parent Citigroup
Website: www.citi.com
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Ecobank
Ecobank Nigeria Limited popularly known as Ecobank Nigeria.
Ecobank Nigeria
Type: Public Company
NSE : EBN
Industry: Financial services
Founded: 1989
Headquarters: Lagos , Lagos State, Nigeria
Key people: John Aboh Chairman( Nigerian)
Patrick Akinwuntan Managing Director (Nigerian)
Products: Loans, savings, investments, debit and credit cards, mortgages
Total assets: US$8.1 billion (NGN:1.32 trillion) as at 2011
Website: www.ecobank.com.ng
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Heritage Bank
Heritage Bank Plc (HB PLC) popularly known as Heritage Bank (HB).
Heritage Bank Plc
Type: Public Company by Shares
Industry: Financial Services
Founded: 2012
Headquarters: 292B Ajose Adeogun Street,
Victoria Island, Lagos, Lagos State , Nigeria
Area served: Nigeria
Key people: Jani Ibrahim Acting Chairman
Ifie Sekibo Managing Director & CEO
Products: Banking and Financial Services
Total assets: US$1.7+ billion (NGN:483.4 billion) as at Dec 2015
Number of employees: 4000
Website: www.hbng.com
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Keystone Bank
Keystone Bank Limited popularly known as
Keystone Bank.
Keystone Bank Limited
Type: Private
Industry: Banking
Founded: 2011
Headquarters: Victoria Island, Lagos, Lagos State , Nigeria
Key people: Umaru H. Modibbo
Chairman
Abubakar Danlami Sule
Ag. Managing Director and Chief Executive Officer
Products: Loans, Credit Cards , Savings ,
Investments, Mortgages
Total assets: US$1.916 billion (NGN:307.5 billion)
Website: www.keystonebankng.com
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Polaris Bank Limited
Polaris Bank Limited formerly known as Sky Bank.
Polaris Bank
Type: Bridge Bank
Industry: Financial Services
Genre Banking
Founded: September 24, 2018
Headquarters: 3 Akin Adesola Street
Victoria Island, Lagos, Lagos State , Nigeria
Key people: Muhammad K. Ahmad Chairman
Adetokunbo Mukhail Abiru Chief Executive Officer
Total Assets: $3.9 billion (NGN:611.5 billion)
Products: Banking and Financial Services
Website: www.polarisbanklimited.com
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Stanbic IBTC
Stanbic IBTC Holdings popularly known as
Stanbic IBTC.
Stanbic IBTC Holdings
Type: Public Company
NSE : STANBIC
Industry: Financial services
Founded: 1989
Headquarters: I.B.T.C. Place, Walter Carrington Crescent, Victoria Island, Lagos State, Nigeria
Key people: Yinka Sanni Chief Executive Officer Basil Omiyi Chairman
Products: Loans, savings, investments, debit and credit cards, mortgages, pensions, stockbroking and financial advisory services.
Revenue: NGN 152.3 Billion as at 2017
Total assets: NGN 1.42 Triillion as at 2017
Number of employees: 2,926 as at 2016
Website: www.stanbicibtc.com
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Standard Chartered Pakistan
Standard Chartered Pakistan popularly known as Standard Chartered Bank (Pakistan) Limited.
Type: Public
Traded as PSX : SCBPL
Industry: Banking
Global Markets
Founded: 1863
Headquarters: Principal Office Karachi Pakistan
Key people: Shazad G. Dada CEO
Products: Loans, Credit Cards , Savings, Consumer Banking etc.
Revenue: ( PKR )
Website: www.sc.com/pk
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Sterling Bank
Sterling Bank Plc popularly know as Sterling Bank.
Sterling Bank Plc
Type: Public Limited Company
Industry: Banking
Founded: 1960
Headquarters: Sterling Towers, 20 Marina, P.M.B. 12735, Lagos , Lagos State , Nigeria
Key people: Mr. Asue Ighodalo Chairman
Abubakar Suleiman Group Managing Director / CEO
Services: Banking
Net income: ₦ 9.48 billion as at 2018
Total assets: ₦ 1.10 trillion as at 2018
Total equity: ₦ 97.80 billion as at 2018
Number of employees: 2401 as at 2018
Divisions: 179 Business Offices, 847 ATMs as at 2018
Website: www.sterling.ng
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Unity Bank plc
Unity Bank Plc popularly known as Unity Bank.
Unity Bank plc
Type: Public
NSE : UNITYBNK
Industry: Financial Services
Founded: 2006
Headquarters: Victoria Island , Lagos, Nigeria
Key people: Thomas Ethuh Chairman
Tomi Somefun Managing Director
Products: Loans, Credit Cards , Savings ,
Investments, Mortgages
Revenue Aftertax: US$38.7 million (NGN:6.2 billion) as at 2012
Total assets: US$2.45 billion (NGN:396 billion) as at 2012
Number of employees: 2,072 as at 2012
Website: www.unitybankng.com
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Wema Bank
Wema Bank Plc popularly known as Wema Bank.
Wema Bank Plc
Type: Public
NSE : WEMABANK
Industry: Financial services
Founded: 2 May, 1945
Headquarters: 54 Marina, Lagos Island
Lagos State, Nigeria
Key people: Ademola Adebise , Managing Director/ Chief executive officer ;
Babatunde Kasali, Chairperson
Products: Retail banking , Commercial Banking, Corporate banking
Services: Banking
Total assets: ₦ 421bn as at 2016
Number of employees: 1,317
Website: www.wemabank.com
Here are the list of commercial banks with Regional Authorization in Nigeria .
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SunTrust Bank Nigeria Limited
SunTrust Bank Nigeria Limited ( STBNL) popularly known as SunTrust Bank.
SunTrust Bank Nigeria Limited
Type: Private company
Industry: Finance
Genre: Banking
Founded: August 15, 2016
Headquarters: 1 Oladele Olashore Street, Off Sanusi Fafunwa Street,
Victoria Island, Lagos, Lagos State , Nigeria
Area served: Nigeria
Key people: Jibril Aku Chairman
Ayo Babatunde Chief Executive Officer
Services: Banking
Revenue Aftertax: ₦157.87 million as at 2017
Total assets: ₦26.56 billion as at 2017
Website: www.suntrustng.com
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Providus Bank Limited
Providus Bank Limited (PBL) popularly known as Providus Bank.
Providus Bank Limited
Type: Private company
Industry: Finance
Genre: Banking
Founded: June 15, 2016
Headquarters: 724 Adetokunbo Ademola Street, Victoria Island, Lagos , Lagos State, Nigeria
Area served: Nigeria
Key people: Alhaji Hussaini Dikko
Chairman Walter Akpani Managing Director and Chief Executive Officer
Services: Banking
Website: www.providusbank.com
Here are the list of non-interest banks in Nigeria.
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Jaiz Bank
Jaiz Bank plc popularly known as Jaiz Bank.
Jaiz Bank Plc
Type: Private
Industry: Banking
Founded: 2003
Headquarters: Abuja , Nigeria
Key people: Alhaji Umar Mutallab ( Chairman), Hassan Usman ( Managing Director & Chief Executive Officer ) [1]
Products Savings , Transaction accounts ,
Investments
Revenue Aftertax: US$26.56 million (NGN:8.01 billion) as at 2018
Total assets: US$286.2 million (NGN:87.3 billion) as at 2018
Number of employees: 499
Website: www.jaizbankplc.com
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TAJ BANK
Taj Bank Limited popularly known as Taj Bank. We don’t really have much information on Taj Bank.
Here are the list of merchant banks in Nigeria.
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Coronation Merchant BanK
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FBNQuest Merchant Bank
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FSDH Merchant BanK
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Rand Merchant Bank
Type: Public
Traded as JSE : FSR
Industry: Banking and finance
Founded: 1998
Headquarters: Johannesburg , South Africa
Key people Roger Jardine Chairman Alan Pullinger Group CEO
Products: Lending, transactional services, investments, , insurance, asset management
Net income Aftertax:US$1.8 billion (ZAR:24.5 billion) as at 2017
Total assets: US$93 billion (ZAR:1217.7 billion) as at 2017
Number of employees: 44,916 as at 2017
Website: www.firstrand.co.za
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Nova Merchant Bank