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List of Licensed Deposit Money Banks in Nigeria

Nigeria boasts a vibrant and diverse banking sector, offering a range of financial products and services to individuals and businesses alike. But with so many banks to choose from, deciding where to put your money can be overwhelming.

This blog post is here to help. Here at Nigeria fact, we have compiled a comprehensive list of all the licensed deposit money banks in Nigeria, categorized by their authorization level. Whether you are seeking a global banking giant or a local player, this list will be your one-stop guide to finding the perfect financial partner.

List Of Licensed Deposit Money Banks in Nigeria 2024

Below is the list of licensed deposit money banks in Nigeria as authorised by the Central Bank of Nigeria.

List of Licensed Deposit Money Banks in Nigeria with International Authorization

Here are Banks with international authorisation:

  1. Access Bank Limited
  2. Fidelity Bank Plc
  3. First City Monument Bank Limited
  4. First Bank Nigeria Limited
  5. Guaranty Trust Bank Limited
  6. United Bank of Africa Plc
  7. Zenith Bank Plc

List of Licensed Deposit Money Banks in Nigeria with National Authorization

Here are Commercial banks with national authorisation:

  1. Citibank Nigeria Limited
  2. Ecobank Nigeria Limited
  3. Heritage Bank Plc
  4. Globus Bank Limited
  5. Keystone Bank Limited
  6. Polaris Bank Limited
  7. Stanbic IBTC Bank Limited
  8. Standard Chartered Bank Limited
  9. Sterling Bank Limited
  10. Titan Trust Bank Limited
  11. Union Bank of Nigeria Plc
  12. Unity Bank Plc
  13. Wema Bank Plc
  14. Premium Trust Bank Limited
  15. Optimus Bank Limited

List of Licensed Deposit Money Banks in Nigeria with Regional License

Here are Commercial banks with regional licenses:

  1. Providus Bank Limited
  2. Parallex Bank Limited
  3. Suntrust Bank Nigeria Limited
  4. Signature Bank Limited

List of Licensed Deposit Money Banks in Nigeria in the Non-interest Banking Sector with national Authorization

Here are players in the non-interest banking sector with national authorisation:

  1. Jaiz Bank Plc
  2. Taj Bank Limited
  3. Lotus Bank Limited
  4. Alternative Bank Limited

List of Licensed Deposit Merchant Banks in Nigeria with National Authorization

Here is a list of Marchant Banking Licence with National Authorization

  1. Coronation Merchant Bank Limited
  2. FBN Merchant Bank Limited
  3. FSDH Merchant Bank Limited
  4. Greenwich Merchant Bank Limited
  5. Nova Merchant Bank Limited
  6. Rand Merchant Bank Limited

List of Financial Holdings Companies in Nigeria

Here are the financial holding companies in Nigeria.

  1. Access Holdings Plc
  2. FBN Holdings Plc
  3. FCMB Group Plc
  4. FSDH Holding Company Limited
  5. Guaranty Trust Holding Company Plc
  6. Stanbic IBTC Holdings Plc
  7. Sterling Financial Holdings Limited

Also read: New Banks in Nigeria Licensed by CBN – Check the List

Conclusion

So, this the list of licensed deposit money banks in Nigeria grouped into their respective categories Like I said from the start, feel free to share this information found in this page by using the social share buttons below