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This is a list of commercial banks and other credit institutions with in Nigeria, as updated late 2024 by the Central Bank of Nigeria. [ 1 ] List of commercial banks
Pages in category "Banks of Nigeria" The following 41 pages are in this category, out of 41 total. This list may not reflect recent changes. ...
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 ...
Banks Lagos: 1960 Bank P A The Tide: Consumer services Publishing Port Harcourt: 1971 State-owned newspaper S A Transmission Company of Nigeria: Utilities Electricity transmission Abuja: 2005 Power S A Transnational Corporation of Nigeria: Conglomerates – Lagos: 2004 Food and beverage, power, hotels P A Union Bank of Nigeria: Financials Banks ...
Full-reserve banking; ... Bank of the Philippine Islands, Makati City, Philippines; Bank of the Province of Buenos Aires, ... Fidelity Bank Nigeria, Lagos State, ...
The company is listed on the Nigeria Stock Exchange and the London Stock Exchange. [1] Irrespective of the current economic inflation in Nigeria, the bank had ₦727.03 billion payment before tax (PBT) in H1 2024. [6] It won the "Bank of the year award" and the "Retail Bank of the year" at the BAFI awards in October 2024. [7]
As at the time of Parallex Bank's transitioning, it left behind 875 Microfinance Banks in Nigeria, out of which 9 have national licenses, 98 operate at state level, and 768 operate as Unit Microfinance Banks. [3] In 2021, Mr. Femi Bakre was appointed as managing director of Parallex Bank. [4]
2002 – Established FBN UK regulated by the FSA, the first Nigerian Bank to wholly own a full-fledged bank in the UK. 2004 – Launched a new brand identity which introduced substantial changes in the look and feel of the FirstBank brand. 2007 – Introduced Finnone credit administration software as the first bank in Africa to pioneer the service.