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CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank (53151 Views)

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CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Ravon: 3:54pm On Jul 23, 2019
The Central Bank of Nigeria (CBN) has expanded the banking space in the country with the issuance of banking licenses to three new players in the industry. 

With the additional licenses, the numbers of banks operating in the country have increased to 23 from the previous 21, according to a report on the regulatory bank’s website.

The new operators are; Titan Trust Bank Limited, TAJ Bank Limited and Globus Bank Limited. 

While two of the newly licensed banks will operate as commercial lenders, the third one, TAJ Bank Limited was licensed to operate as a non-interest bank.

Before the banking reform of 2005, instituted by ex-governor of the CBN, Charles Soludo, Nigeria has as many as 89 banks operating as commercial and merchant banks. With the reform, which hikes minimum capital base to 25 billion naira from 2 billion naira, the number reduced to 24 universal banks.

However, subsequent alignment and take over by the regulators led to further consolidation in the operations of the banks, leading to a downward reduction in the number of operators.

The newly licensed TAJ Bank Limited has joined Jaiz Bank as only two operating as a non-interest bank in the country.

SOURCE: https://brandspurng.com/2019/07/23/cbn-licences-three-new-banks/

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by mrMeen(m): 4:07pm On Jul 23, 2019
Titan Trust Bank Limited, TAJ Bank Limited and Globus Bank Limited.
The name Titan sounds interesting would like to open an account with them.

Before they go mad and "snap" all my hard earned cash with them

24 Likes 2 Shares

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Aymoi: 4:07pm On Jul 23, 2019
You don't mean it
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Nobody: 4:07pm On Jul 23, 2019
Ok
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Yankiss(m): 4:07pm On Jul 23, 2019
We should now fry beans. I hope these banks are not owned by corrupt government officials. Who are the owners, directors and their profiles? All these ought to be public for scrutiny before the granting of license. In our country, everything is clandestine. Well, let us assume they come for good!

27 Likes 3 Shares

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by 9icest: 4:08pm On Jul 23, 2019
Ok

1 Like

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Babaheekmat: 4:08pm On Jul 23, 2019
Cool.. am leaving access
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by MANNABBQGRILLS: 4:08pm On Jul 23, 2019
The new operators are; Titan Trust Bank Limited, TAJ Bank Limited and Globus Bank Limited. 
If they will make our banking industry more efficient and move our darling nation forward, then, it is a welcome development

A better and more better Nigeria is all we want.
God bless our darling President Muhammadu Buhari and his AMIABLE Vice President PROF YEMI OSINBAJO as they take our country to a New and better place.

GOD BLESS NIGERIA.

13 Likes 5 Shares

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by farggie(m): 4:08pm On Jul 23, 2019
New development
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Nathphil(m): 4:08pm On Jul 23, 2019
More banks less efficiency

3 Likes

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by MANNABBQGRILLS: 4:08pm On Jul 23, 2019
Babaheekmat:
Cool.. am leaving access
Please, don't leave them now.
Don't take all your millions upon millions account away from them, Baba Heekamat.
Don't let them run out of business biko!

They gonna miss you!
Pattypatt:
I know sarcasm when i see one.
You are wise dearie. kiss
Just unwinding right now........

15 Likes 6 Shares

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by ordainbuzz(m): 4:08pm On Jul 23, 2019
Ravon:
The Central Bank of Nigeria (CBN) has expanded the banking space in the country with the issuance of banking licenses to three new players in the industry. 

With the additional licenses, the numbers of banks operating in the country have increased to 23 from the previous 21, according to a report on the regulatory bank’s website.

The new operators are; Titan Trust Bank Limited, TAJ Bank Limited and Globus Bank Limited. 

While two of the newly licensed banks will operate as commercial lenders, the third one, TAJ Bank Limited was licensed to operate as a non-interest bank.

Before the banking reform of 2005, instituted by ex-governor of the CBN, Charles Soludo, Nigeria has as many as 89 banks operating as commercial and merchant banks. With the reform, which hikes minimum capital base to 25 billion naira from 2 billion naira, the number reduced to 24 universal banks.

However, subsequent alignment and take over by the regulators led to further consolidation in the operations of the banks, leading to a downward reduction in the number of operators.

The newly licensed TAJ Bank Limited has joined Jaiz Bank as only two operating as a non-interest bank in the country.

SOURCE: https://brandspurng.com/2019/07/23/cbn-licences-three-new-banks/
which kind bank name this self,bolokus bank chai

1 Like

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Augustinaz(m): 4:08pm On Jul 23, 2019
Ok
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by sparog(m): 4:08pm On Jul 23, 2019
Okay
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by CarGuideNG: 4:08pm On Jul 23, 2019
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Dobson43: 4:08pm On Jul 23, 2019
angry
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by brightisodje(m): 4:09pm On Jul 23, 2019
Okay at list employment to the pipo grin of zoo

2 Likes

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Blackfire(m): 4:09pm On Jul 23, 2019
With names like scare crow .....are you sure my money(#2000,00000,00000,000000,00000,) is safe

3 Likes

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by benpuzzy(m): 4:09pm On Jul 23, 2019
mrMeen:
Bb
Black Berry

1 Like 2 Shares

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Egbetayo(m): 4:09pm On Jul 23, 2019
Will it better the economy? Or a product of man no man.

1 Like

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by justtruth88miSt: 4:09pm On Jul 23, 2019
another wahala... dispense error up n down

1 Like

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Triangles1(m): 4:10pm On Jul 23, 2019
The money they embezzle during their tenure now using it to open bank businesses.




This people are not Fighting corruption is corruption fighting them

2 Likes 1 Share

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by skukimania(f): 4:10pm On Jul 23, 2019
Is Globus bank owned by the owner of GLO? Just want to know.

4 Likes 1 Share

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Dwin046(m): 4:10pm On Jul 23, 2019
OK.....
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by roundman: 4:10pm On Jul 23, 2019
At least some forks will be off the labour market... Nice one.

3 Likes

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by nurex01(m): 4:10pm On Jul 23, 2019
Titans
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Danwakae(m): 4:11pm On Jul 23, 2019
TAJ BANK...ISLAMIC BANK..NON-INTEREST







LET ME GO AND APPLY FOR LOAN...ALLAH IS GREAT!!!!

3 Likes

Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Nobody: 4:11pm On Jul 23, 2019
Okay and let's what they offer
Re: CBN Licences Titan Trust Bank, TAJ Bank And Globus Bank by Jason007: 4:11pm On Jul 23, 2019
let's hope with time , they don't start merging together again or folding up

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