Top 10 To 20 Banks In Nigeria Abd Top Biggest Bank In Nigeria


  This post covers the Top 20 Banks In Nigeria you Can Banks with Without Problems, Ton biggest banks in Nigeria 2018.

No 20: First City Monument Bank was founded in 1982 as City Securities Limited. It is worth $72million and over 2,000 staff. It was the first bank to be established in Nigeria without government or foreign support.

No 19: Standard Chartered Bank of Nigeria has total assets of $79.6milion

No 18: Jaiz Bank is a non-interest Nigerian bank founded in 2003. It has total assets of $88.8milion. Jaiz Bank is an Islamic bank.

No 17: Heritage Bank was founded in 1989 as Societe Generate Bank (Nigeria), and is renowned as the first bank to introduce ATM (Automated Teller Machines) in Nigeria’s banking system. It has total assets of $192million.

No 16: Wema Bank Plc is commonly referred to as Wema Bank, Wema Bank Plc was founded in Nigeria in 1945. It came in at top 16 on the chart. It has total assets of $245million and over 1,300 employees.

No 15: Stanbic IBTC Holdings was founded in 1989. It has total assets of N85.65billion (approx. $428.25million) and over 2,000 staff. Stanbic IBTC Holding is a member of Standard Bank Group, South Africa.

No 14: FSDH Merchant Bank Limited has a total asset of $572.5million. It came in at number 14 on this chart of first 20 banks in Nigeria.

No 13: Enterprise Bank: It was formerly called Spring Bank when founded in 2004 as a result of a merger of six different banks. The total asset of Enterprise Bank is $1.31billion.

No 12: Citibank Nigeria has $2.5billion in assets. It comes in at number 12 on the list.

No 11: Keystone Bank was founded in 2011 after Central Bank of Nigeria revoked the license of defunct Bank PHB with total assets of $1.91billion. It has many subsidiaries in Nigeria and other countries in Africa.

No 10: Skye Bank Plc is another Nigerian bank to make the list of first top 20 banks in Nigeria coming in at number 10. It was founded in 1989 with the name Prudent Bank Plc. It has total assets over $3.9billion. The bank has over 260 branches across Nigeria.

No 9: Fidelity Bank Plc was founded in 1988 as Fidelity Union Merchant Limited. It has a total asset of $6.31billion. The bank has over 220 branches nationwide and over 2.3million customers.


No 8: Union Bank of Nigeria Plc was founded in 1917, and it is another strong bank to make the list first top 20 banks in Nigeria with total assets over $6.78million.It has many subsidiaries in Nigeria. It evolved from Barclay Bank to Union Bank.

No 7: Diamond Bank Plc was also founded in 1990, and it is worth $7.3billion in total assets. It has a subsidiary in Benin Rep., Senegal and Ivory Coast. It has about 240 branches in Nigeria.

No 6: United Bank for Africa or UBA is a big name in Nigerian banking sector as it hits first top 20 banks in Nigeria at number 6. It was founded in 1949. It has since spread to over 19 African countries, U.K. and the U.S. UBA has a customer base of 7 million and over 600 branches. Today’s UBA is worth over $12.3bilion in assets and is a product of the successful merger of Standard Trust Bank Plc and Continental Trust Bank Limited.

No 5: Access Bank Plc is the next to make the list. It was founded in 1989. Access Bank has total assets of $12.6billion and over 9,000 staff. The bank also has over 300 branches in Nigeria. It also has subsidiaries in other African countries like Congo, U.K., Zambia and Sierra Leone.

No 4: Zenith Bank of Nigeria plc is one of the first 20 banks in Nigeria. Founded in May 1990, Zenith Bank has a shareholder base of about 15.7billion in assets. It has over 6,600 employees and over 500 branches across states in Nigeria, Ghana, Sierra Leone, The Gambia and United Kingdom.

No 3: Ecobank is a transnational bank with total assets of $20.0billion and over 19,000 employees. It has many subsidiaries in Angola, France, South Africa, etc. it came in at number 3 on this list.


No 2: First Bank of Nigeria PLC: Founded in 1894 as Bank of British West Africa and later to First Bank in 1979, First Bank of Nigeria Plc is the oldest Nigeria bank. First Bank is the second Nigeria’s largest bank by assets with assets totaling about $21.3billion. The bank has grown over the years and now has branches in Ghana, The Gambia, United Kingdom, Sierra Leone, and Senegal.

No 1: Guaranty Trust Bank Plc or GTBank as it is fondly called is also a name to reckon with in Nigerian banking sector as it is the first among all on this chart of first top 20 banks in Nigeria. Founded in July 1990, GTBank has total assets of N2,355.9 trillion ($11.77trillion) and with over 10,000 staff on its payroll.

The first top 20 banks in Nigeria above immensely support the growth of Nigerian economy. They strive to increase their capital base by continuously repackaging their services, spreading their reach (opening new branches), using juicy promotions to attract customers, winning and building on customer loyalty, deploying modern technology and trying new ideas. Learn More

Comments

Post a Comment

Popular posts from this blog

Swift Code/BIC Is It Same As BVN

Image
👉Swift code/ BIC:  A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business Identifier Codes (BIC). It’s used to identify banks and financial institutions globally. It says who and where they are — a sort of international bank code or ID.    These codes are used when transferring money between banks, in particular for international wire transfers or SEPA payments. Banks also use these codes to exchanging messages. 👉BVN: As you may already be aware, the Central Bank of Nigeria (CBN) in conjunction with the Bankers Committee has launched the Biometric Identification Project to provide a single biometric database for all banks’ customers nationwide.           Part of the requirements within this initiative is that customers enroll with their banks to get their unique Bank Verification Numbers (BVN), without which customers will not be able to transact in any bank if not obtained.    Also Read: CIT bank branches in California . Gtbank BVN .
Read more

DEJI POPOOLA - Fina Trust Microfinance Bank MANAGING DIRECTOR

Image
 Managing director of Fina Trust Microfinance Bank, Biography of Deji Popoola, Read Below    He started his career at African International Bank and subsequently also gathered various banking experience ranging from Commercial Banking, Retail Banking, Oil & Gas and Branch Management Operations. He has worked with some of the leading banks in the country that include Oceanic Bank Plc, UBA, Ecobank Plc and others where he had a very progressive career growth.    He has over 23 years experience spanning from Auditing, Banking, Consulting to Real Estate Investment. Prior to now he was the Pioneer MD/CEO of Citiserve Micro Finance Bank, VG Estates Ltd before Joining Fina Trust Micro Finance Bank as the pioneer MD/CEO.    He is a graduate of Management & Accounting, and also holds MBA from Obafemi Awolowo University Ile–ife. He is a Member of the Chartered Institute of Stockbrokers (CIS) and a Fellow of the Institute of Chartered Accountants of Nigeria. Alumnus, University of Cape To
Read more

Here are six ways your bank account can be hacked With BVN

Image
   With current attempts by fraudsters to access people’s bank accounts through text messages, emails, phone calls, etc., it is important we are armed with the knowledge of the different ways our bank accounts can be hacked by fraudsters. This will help us better discern their gimmicks, avoid their traps and keep our money safe. Here are six ways your bank account can be hacked: Trusting suspicious e-mails, text messages and phone calls In 2015, the Oyo State Police Command arrested BabatundeFatai, a young man, for various Internet frauds. Some of the crimes included hacking bank accounts of people in and outside Nigeria. Fatai revealed that to hack into bank accounts, he would either go to dating sites to woo men and women into trusting him with their account details, or he would send fake e-mails to bank customers asking them to change their accounts and bank security details. Fatai will then use their ‘old’ security details to access their accounts and transfer their money to his on
Read more