Banking is part of human endeavours. The primary function of a bank is simply to enable people save their money. Before civilization, people saved their money at home using different means. But, with civilization, it became unadvisable for individuals to save their money at homes. As such, many banks have been established over the years. Here are the Top Major Nigerian Banks And Their Websites.
There are many banks in Nigeria already. Infact, people are more confused of which bank to join. Many banks have also come and gone while many more will still emerge. These banks compete to give Nigerians the best service available. But, amongest these banks, some are richer, while some, not being poor, are poorer in comparison. Can we get down to work? Here are the Top Major Nigerian Banks And Their Websites.
Top Major Nigerian Banks And Their Websites
1. Zenith Bank
Zenith Bank Plc was established in May 1990, and commenced operations in July of the same year as a commercial bank. The Bank became a public limited company on June 17, 2004 and was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004 following a highly successful Initial Public Offering (IPO). Zenith Bank Plc currently has a shareholder base of about one million and is Nigeria’s biggest bank by tier-1 capital. In 2013, the Bank listed $850 million worth of its shares at $6.80 each on the London Stock Exchange (LSE). Website: www.zenithbank.com
2. First Bank
First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services.
The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi. Website: www.firstbanknigeria.com
3. Guaranty Trust Bank (GTB)
Guaranty Trust Bank plc also known as GTBank or simply GTB is a Nigerian multinational financial institution that offers Online/Internet Banking, Retail Banking, Corporate Banking, Investment Banking and Asset Management services, with its head office in Victoria Island, Lagos. The Bank was incorporated as a limited liability company licensed to provide commercial and other banking services to the Nigerian public in 1990 and commenced operations in February 1991. Website: www.gtbank.com
4. Access Bank
Over the past 26 years, Access Bank Plc has transformed from an obscure Nigerian Bank into a world class African financial institution. Today, Access Bank is one of the five largest banks in Nigeria in terms of assets, loans, deposits and branch network; a feat which has been achieved through strong long-term approach to client solutions – providing committed and innovative advice.
Access Bank has built its strength and success in corporate banking and is now taking that expertise and applying it to the personal and business banking platform it acquired from Nigeria’s International Commercial bank in 2012. The last two years have been spent integrating the business, investing in the infrastructure and strengthening the product offer. Website: www.accessbankplc.com
5. United Bank of Africa (UBA)
United Bank for Africa (UBA) Plc is one of Africa’s largest financial institutions with operations in 19 African countries and 3 global financial centers; New York, London and Paris. UBA has more than eight million customers and 700 business offices globally. UBA has been operating in Africa since 1949, referred to then as the British and French Bank Limited (BFB).
It took over the assets and liabilities of BFB and was incorporated as a limited liability company on 23 February 1961 under the Compliance Ordinance (Cap 37) 1922. In 2005, it completed one of the biggest mergers in the history of Nigeria’s capital markets with the business combination with Standard Trust Bank (STB). Website: www.ubagroup.com
6. Diamond Bank
Diamond Bank Plc is Nigeria’s fastest growing retail bank. Through innovation and technology, Diamond Bank enhances customer experiences and drives financial inclusion in what we call ‘Beyond Banking’. It offers a full range of banking products and services in retail, business and corporate banking segments. Website: www.diamondbank.com
Fidelity Bank Plc began operations in 1988 as Fidelity Union Merchant Bank Limited. By 1990, it had distinguished itself as the fastest growing merchant bank in the country. However, to leverage the emerging opportunities in the commercial and consumer end of financial services in Nigeria, in 1999, it converted to commercial banking and changed its name to Fidelity Bank Plc.
It became a universal bank in February 2001, with a license to offer the entire spectrum of commercial, consumer, corporate and investment banking services. Website: www.fidelitybank.ng
8. Eco Bank
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa.
ETI has representative offices in Angola, China, Dubai, France, South Africa, and the United Kingdom. Website: www.ecobank.com
9. Skye Bank
Skye Bank Plc is a product of the merger of five legacy banks as a result of the banking industry consolidation and recapitalization exercise of 2005. The legacy banks were Prudent Bank Plc, EIB International Plc, Bond Bank Limited, Reliance Bank Limited and Co-operative Bank Plc.
Following the merger and the seamless integration of the disparate resources, personnel, IT infrastructure, culture and procedures, the bank has since grown into a formidable financial institution showing strong growth and profitability and providing unique financial solutions to a wide customer base both in Nigeria and in the three West African subsidiaries of Sierra Leone, Gambia and Guinea. Website www.skyebankng.com
10. First City Monument Bank (FCMB)
First City Monument Bank (FCMB) is a wholesale banking group with a niche retail banking franchise, headquartered in Lagos. FCMB is a large financial services provider in Nigeria, offering retail banking, corporate banking and investment banking services to large corporations, small and medium enterprises, as well as individuals.
As of December 2011, the bank’s total assets were valued at US$$3.65 billion (NGN:593.3 billion), with shareholders’ equity of approximately US$772.2 million (NGN:117.4 billion). Website: www.fcmb.com