There are 25 consolidation banks in Nigeria;
1. Access Bank:
You may rely on Access Private Bank to provide you with all the perks of private banking, including exclusivity, status, discretion, accountability, comprehension, and in-depth knowledge. Our relationship-based service offers solutions for both corporate assets and commercial interests as well as personal riches.
We provide a variety of high-end banking services, brokerage options, loan options, credit cards, and mortgages for upscale properties. Our insurance and defense offerings include life, health, and property insurance.
We offer cutting-edge discretionary asset management services for both financial and non-financial assets (such as real estate, commodities, and art). Traditional, structured, and alternative investments are all things we handle.
Contact Information:
Access Bank Plc
Plot 1665 Oyin Jolayemi Street
Victoria Island
Lagos
www.accessbankplc.com
2. Afribank
The African Development Bank (AfDB) Group is a regional multilateral development finance organization created to aid in the economic and social advancement of African nations that are Regional Member Countries of the organization (RMCs). The AfDB was established as a result of a deal that member governments agreed to on August 14, 1963, in Khartoum, Sudan, and which went into force on September 10, 1964. The African Development Bank (AfDB), the African Development Fund (ADF), and the Nigeria Trust Fund are the three organizations that make up the AfDB (NTF). The AfDB’s purpose, as the leading development finance organization on the continent, is to alleviate poverty, enhance living circumstances for Africans, and mobilize resources for the economic and social development of the continent. Officially, the AfDB’s main office is located in Abidjan, Côte d’Ivoire.
Contact Information:
Afribank Plc
51/53 Broad Street
Lagos
www.afribank.com
3. Diamond Bank
Diamond bank and Access bank are currently in consolidation, which is a move that will position the lenders as the largest bank in Nigeria and Africa.
With the bank’s merger with Access Bank, Diamond Bank customers continue to benefit from all of the bank’s present distinctive products and services.
With the XclusivePlus, Diamond Bank is always accessible to the customer through the mobile app, wherever and whenever they need us. With over 3 million users, the mobile app is packed with fun features like buying movie and event tickets, paying bills, topping up airtime, transferring local and international currencies, and more.
Contact Information:
Diamond Bank Plc
Plot 1261 Adeola Hopwell Street
Victoria Island
Lagos
www.diamondbank.com
4. EcoBank
The initial concept of Ecobank was to establish a bank for the greater business community in West Africa and then in all of Africa. The Ecobank Group’s founders had the idea of creating an African bank for Africans.
Ecobank’s dual goals are to foster the growth of a contemporary pan-African bank and to support the continent’s economic growth and financial integration.
Contact Information:
EcoBank Ltd
2 Ajose Adeogun Street
Victoria Island
Lagos
www.ecobank.com/
5. Equitorial Trust Bank
Equitorial Trust Bank was taken over by Sterling bank in a deal that was sealed on 11 August 2011.
However, Trust banks offer real estate brokerage, subdivision sales, property management, real estate appraisals, and advice on how to best use the corporate property.
Contact Information:
ETB Bank Ltd
Plot 1092 Adeola Odeku Street
Victoria Island
Lagos
6. First City Monument Bank
First City Monument Bank (FCMB) Limited is a part of FCMB Group Plc, one of Nigeria’s top providers of financial services with subsidiaries that dominate their respective markets. By making the transition to a group focused on retail and commercial banking, FCMB hopes to stand out by providing superior services that support our client’s growth and achievement of their personal and professional goals.
Contact Information:
First City Monument Bank Limited
Primrose Towers
17a Tinubu Street
Lagos
www.fcmb-ltd.com
7. Fidelity Bank
Almost 7.2 million customers are served by Fidelity Bank, a full-service commercial bank with 250 business locations throughout Nigeria, as well as by several other digital banking platforms.
Fidelity Bank is quickly implementing a digital-based retail banking strategy, which has led to exponential growth in savings deposits over the last 12 years and over 57 percent customer enrollment on the Bank’s flagship mobile/internet banking products. The bank is focused on a few niche corporate banking sectors as well as Micro Small and Medium Enterprises (MSMEs).
Contact Information:
Fidelity Bank Plc
No. 2 Kofo Abayomi Street
Victoria Island
Lagos
www.fidelitybank.com
8. First Bank Plc
In its pay market, FirstBank has positioned itself as an employer of choice thanks to its compensation, perks, and benefits packages. FirstBank provides an externally competitive and internally equitable incentive structure with a well-packaged, alluring, and sustainable compensation structure to entice, retain, and engage a varied talent pool for competitive advantage.
Contact Information:
First Bank Plc
Samuel Asabia House
35 Marina Street
Lagos
www.firstbanknigeria.com
9. First Inland Bank
Service provider for commercial banking. Through a variety of delivery channels and specialized subsidiaries, the company offers a wide range of banking products and financial services to corporate and retail customers. These services are complemented by individualized banking and custodial services and a comprehensive platform for transaction execution.
Contact Information:
FirstInland Bank Plc
4/6 Adetokunbo Ademola Street
Victoria Island
Lagos
www.finbank.com.ng
10. Guaranty Trust Bank
Guaranty Trust Bank Ltd (GTBank), a global financial institution10provides individuals, businesses, and private and public organizations throughout Africa and the UK with a vast array of market-leading financial products and services. The Bank now has approximately 12,000 employees, $4.057 trillion in total assets, and $661.1 billion in shareholders’ funds. Its headquarters are in Lagos, Nigeria, and it also has subsidiaries in Sierra Leone, Gambia, Ghana, Kenya, Rwanda, Tanzania, Uganda, and the United Kingdom.
At Guaranty Trust Bank Limited, we never stop working to improve things for our clients and the communities where we operate. From the beginning, we have been able to maintain consistent year-over-year growth in our client base and profitability because of our strong service culture, effective management, world-class corporate governance standards, and propensity for innovation. We also actively support a wide range of social responsibility initiatives geared toward expanding educational opportunities, advancing local development, fostering the arts, and preserving the environment.
Contact Information:
Guaranty Trust Bank Plc
Plot 1669 Oyin Jolayemi Street
Victoria Island
Lagos
www.gtbplc.com
11. IBTC-Chartered Bank
The most recent big bank to join the metaverse is Standard Chartered Bank. The bank has purchased “virtual land at the Mega City district of The Sandbox metaverse, which is modeled on or inspired by Hong Kong talents.”
In addition to bringing “the local sports and art communities into the metaverse,” the bank wants to experiment and create novel client experiences.
Contact Information:
IBTC-Chartered bank
IBTC Place
Walter Carrington Crescent
Victoria Island
Lagos
www.ibtclagos.com
12. Intercontinental Bank
Commercial banking services are offered by Intercontinental Bank PLC. Retail, merchant, and investment banking, treasury services, credit management, international money transfers, lease programs, and credit and debit cards are just a few of the services and goods the Bank provides. Nigeria is covered by the operations of Intercontinental Bank.
Contact Information:
Intercontinental Bank
Plot 999c,
Danmole Street Off Adeola Odeku/Idejo
Street Victoria Island,
Lagos Nigeria
www.accessbankplc.com.
13. Nigeria International Bank
This is a bank account that was started in a nation other than the one in which you were born. Either a personal account or a business account is possible. There may be more requirements and different terms and conditions for the account than there are in your country. The account may also be different from those in your jurisdiction.
International offshore bank accounts do, however, provide some benefits, including operational flexibility, tax benefits, and the potential for more attractive investment services and solutions because of less government intrusion.
Accessibility and simplicity of doing business are provided by international banking to businesses from several nations.
Contact Information:
Nigeria International Bank Ltd
No. 1 Idowu Taylor Street
Victoria Island
Lagos
14. Oceanic Bank
Commercial banking services are offered by Oceanic Bank International PLC. The Bank provides services in the retail, business, investment, foreign exchange, and stock brokerage sectors. International customers are served by Oceanic Bank as people, companies, and corporations.
Contact Information:
Oceanic Bank Plc
Herbert Macaulay Way
Wuse Zone 6
Abuja-FCT
www.oceanicbanknigeria.com
15. Platinum Bank
Platinum Mortgage Bank Ltd. is one of Nigeria’s leading major mortgage lenders. With the assistance of the Corporate Affairs Commission, it was founded in 1992 to provide savings, loans, and property ownership services. According to FMBN Decree No. 53 of 1989 and CBN Decree 24 of 1991, the Federal Mortgage Bank of Nigeria and the Central Bank of Nigeria, respectively, each awarded it a license to provide mortgage banking services in Nigeria.
It is one of the top primary mortgage banks in Nigeria and is committed to improving Nigerians’ quality of life by providing affordable, efficient, stress-free house delivery services.
Contact Information:
Platinum-Habib Bank Plc
Plot 707, Adeola Hopwell Street,
Victoria Island
Lagos
16. Skye Bank
After a fairly smooth consolidation process in 2006, Skye Bank PLC has developed into one of the top financial organizations in Nigeria.
It functions as a group that offers various financial services and products, supported by a technical infrastructure that was specifically designed to help with service delivery to customers.
The Bank provides goods and services in the areas of corporate, private, and investment banking, deposit and savings accounts, loans, and credit cards. Worldwide consumers are served by Skye Bank.
Contact Information:
Skye Bank Plc
3, Akin Adesola Street
Victoria Island
Lagos
www.skyebankng.com
17. Spring Bank
Six banks were referred to collectively as Legacy banks in the consolidation agreement: Guardian Express Bank, Citizens Bank, ACB International Bank, Fountain Trust Bank, Omega Bank, and Trans-International Bank. Representatives of the merging banks signed a Heads of Agreement that divided the legacy banks into two groups—the Citizens Guardian Group and Bank One—to fulfill the conditions set forth by the CBN in the consolidation scheme. According to the document, a fair amount of time would be granted to make adequate merger adjustments following due diligence and capital verification. Also, it was agreed that after a year of the consolidation, the shareholder representatives of the banks would conduct a post-merger adjustment.
Deposit-taking Spring Bank PLC also provides business banking services. Consumer loans, trade and project financing, stock brokerage, and wealth management services are all provided by the Bank.
Contact Information:
Springbank Plc
Plot 143, Ahmadu Bello Way
Victoria Island
Lagos
www.springbankplc.com
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18. Stanbic Bank
With subsidiaries in the banking, stock brokerage, investment advisory, asset management, investor services, pension management, trustee insurance brokerage, and life insurance industries, Stanbic IBTC Holdings, also known as Stanbic IBTC, is a financial service holding corporation in Nigeria.
Through thoughtfully crafted retail and business banking solutions, we serve both individuals and businesses. To provide customers with convenient banking, we also provide self-service channels that are supported by cutting-edge technology.
Additionally, our custody division’s non-pension asset custodian, Stanbic IBTC Nominees Nigeria Ltd, which acts as a nominee for client transactions in stocks and other investments, can provide custodial services to our clients.
Contact Information:
Stanbic Bank Limited
Plot 688 Amodu Tijani Street
Off Sanusi Fafunwa Street
Victoria Island
Lagos
www.stanbic.com.ng
19. Standard Chartered Bank
When the Bank of West Africa and the Standard Bank of South Africa merged in 1965, one of the businesses they acquired was a Nigerian bank that had been in operation since 1894. It changed its name to Standard Bank of West Africa after that. Four years after the merger, Standard Bank Nigeria was established locally to take over the activities in Nigeria. Nigerians contributed 13% of the share capital in 1971. With the end of the civil war, the military administration aimed to increase local authority over the retail banking sector; as a result, the bank’s investment in Standard Bank Nigeria (later renamed First Bank of Nigeria) was reduced to 38%. Up until 1996, Standard Chartered remained an investor in First Bank of Nigeria.
Currently, the Bank offers a comprehensive range of products and services in Retail; Wealth Management; Commercial; Corporate and Institutional; Private, Digital, and Transaction Banking industries. Nigeria is a growth hub for Standard Chartered, which has around 900 employees working there. About 22 branches, each with an ATM, are spread across Lagos, Port Harcourt, and Abuja. 2014 saw the opening of the brand-new, ultramodern Nigerian Head Office.
Contact Information:
Standard Chartered Bank Nig. Ltd
105B Ajose Adeogun Street
Victoria Island
Lagos
www.standardchartered.com/ng/
20. United Bank of Africa
As the only sub-Saharan African bank having an operational banking license in the U.S., UBA America is in a unique position to provide corporate banking services to North American businesses doing business with or in Africa.
To sovereign and central banks, financial institutions, SMEs, foundations, and international and development organizations, we provide treasury, trade finance, and correspondent banking solutions. By utilizing our expertise, resources, and special position as a member of a multinational banking group, we aim to offer our clients excellent value.
Contact Information:
United Bank of Africa Plc
Plot 57 Marina Street
Lagos
www.ubagroup.com
21. Sterling Bank
A merchant bank, Sterling Bank Plc (the Bank) specializes in corporate, investment, and non-interest banking activities, as well as retail and consumer banking, trade services, and retail and consumer banking. Retail banking, commercial banking, institutional banking, corporate & investment banking, non-interest banking (NIB), and special purpose vehicles make up the company’s six operating segments (SPV). Corporate Banking offers other financial institutions and large corporations banking solutions. Individuals, small enterprises, partnerships, and other business entities are among those who can benefit from retail and commercial banking’s banking solutions. Government-related organizations, such as federal government ministries, departments, and agencies as well as state and local governments, are included in the institutional banking sector. Banking without interest offers solutions that are in line with Islamic law and are driven by Islamic economics. The SPV issues debt securities to borrow money.
Contact Information:
Sterling Tower
20 Marina
Lagos
22. Union Bank
We are actively involved in the industry and dedicated to our duty as a Bank. We are in a good position to assist your company in achieving its goals because of our industry focus on sustainability, supply chain risk, and high-value manufacturing in the current climate.
Our banking model acknowledges the need for specialization and provides industry-specific relationship managers who are familiar with the advantages and disadvantages of your business.
Contact Information:
Union Bank Plc
Stallion Plaza
36 Marina Street
Lagos
www.ubnplc.com
23. Unity Bank
With the merging of nine banks with expertise in investment, corporate, and retail banking, Unity Bank began operations in January 2006. Unity Bank currently has 213 business offices scattered across the 36 States and Federal Capital Territory, making it one of Nigeria’s top retail banks. We are the eighth-largest bank in Nigeria by the number of locations.
The Bank provides a variety of financial services to people, businesses, and the government sector of the country’s economy. Unity Bank places a special emphasis on SMEs and Agribusinesses as part of its ongoing commitment to the development of the national economy. Becoming the preferred retail bank for all Nigerians is what motivates us and is the basis of everything we do.
Contact Information:
Unity Bank of Nigeria
Plot 497, Abogo Largema Street
Central Business District
Abuja-FCT
www.unitybankng.com
24. Wema Bank
One of Nigeria’s most dependable banks, Wema Bank is the founder of ALAT, Africa’s first digital bank. Despite having decades of banking industry experience, the Bank has continued to be creative in providing value to its stakeholders. The Nigerian company, which is publicly traded, has been successful in creating a tradition of trust and tenacity that has earned it the devotion of its clients. At every stage of its customers’ life, the Bank introduces new products and services that are specifically designed to meet their needs. In Nigeria, it is a proud partner to more than a million people, families, and businesses, assisting them in achieving their financial and personal objectives.
Contact Information:
Wema Bank Plc
Wema Towers
54 Marina
Lagos
www.wemabank.com
25. Zenith Bank PLC
Following its decision to adopt the commercial banking license with international authorization, Zenith Bank will continue to provide specialized financial services such as pension management but will stop providing services in insurance, capital market transactions, trusteeship, registrar, mortgage, and financial advisory services. The primary businesses of Zenith Bank are:
Per its decision to adopt the commercial banking license with international authorization, Zenith Bank will continue to provide specialized financial services such as pension management but will stop providing services in insurance, capital market transactions, trusteeship, registrar, mortgage, and financial advisory services.
Contact Information:
Zenith Bank Plc
Plot 84 Ajose Adeogun Street
Victoria Island
Lagos.
www.zenithbank.com