23 Banks That Have Met CBN’s New Capital Requirements

 23 Banks That Have Met CBN’s New Capital Requirements

With the goal of strengthening financial stability, the Central Bank of Nigeria (CBN) recently mandated a recapitalization exercise.

Banks in the country are required to meet these new minimum capital requirements by 31

March 2026:

International banks: ₦500bn.

National banks ₦200bn.

Regional banks ₦50bn.

Below is the full list of 23 banks that have already met the CBN’s recapitalization requirements:

Access Bank Plc

Zenith Bank Plc

First Bank of Nigeria Limited (First HoldCo)

Guaranty Trust Holding Company (GTCO)

United Bank for Africa (UBA)

Fidelity Bank Plc

Wema Bank Plc

Citibank Nigeria

Standard Chartered Bank Nigeria

Ecobank Nigeria

Globus Bank

Stanbic IBTC Bank

PremiumTrust Bank

Providus Bank, including its merged entity

FSDH Merchant Bank

Greenwich Merchant Bank

Nova Bank

Rand Merchant Bank

Jaiz Bank

Lotus Bank

TAJBank

Sterling Bank

AltBank, also known as Alternative Bank