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21 Banks That Have Met The New CBN Capital Rules - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › 21 Banks That Have Met The New CBN Capital Rules (25283 Views)

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Re: 21 Banks That Have Met The New CBN Capital Rules by Commonguy(m): 7:15pm On Jan 15
If I hear say first bank was not there eh
Re: 21 Banks That Have Met The New CBN Capital Rules by njokuuche77(m): 7:15pm On Jan 15
nice very ver very nice
Re: 21 Banks That Have Met The New CBN Capital Rules by Dpsychologist(op): 7:16pm On Jan 15
Passionate888:
I no see Guaranty TRUST Bank anywhere o
That is GTCO above.
Re: 21 Banks That Have Met The New CBN Capital Rules by prigoz(m): 7:17pm On Jan 15
Passionate888:
I no see Guaranty TRUST Bank anywhere o
Who told you? GTCO means what
Re: 21 Banks That Have Met The New CBN Capital Rules by Dpsychologist(op): 7:17pm On Jan 15
lebete3000:
No wonder GTBank staffs at Yaba were looking angry yesterday.

They know they're going down. Them no even dey allow pesin respond to their posts on X. No messaging either.

Awon oloshi.

UBA all da way!
But there is GT bank there is it same as GTCO
Re: 21 Banks That Have Met The New CBN Capital Rules by Hellisreal70: 7:24pm On Jan 15
What of sterling bank?. Can someone please tell me whether sterling don reach the mark
Re: 21 Banks That Have Met The New CBN Capital Rules by OvertheTop(m): 7:26pm On Jan 15
Dpsychologist:
CBN Recapitalisation Is Here. 21 Banks Have Passed. The Rest Are on the Clock.

If you still think Nigeria’s banking recapitalisation is a joke, this update should wake you up.

As of January 2026, 21 banks have successfully met the new capital requirements set by the Central Bank of Nigeria. No rumours. No projections. Actual money raised.

For context, CBN raised the minimum capital like this:
International banks need ₦500 billion
National banks need ₦200 billion
Regional banks need ₦50 billion
Non interest banks need between ₦10 billion and ₦20 billion

Deadline is March 31, 2026. Less than three months away.

This exercise started in 2024 and it is already reshaping the entire banking sector. Rights issues. Private placements. Mergers. Balance sheet surgery. Anyone sleeping will not survive.

Let us break it down clearly.

International Banks That Have Crossed ₦500bn

Access Bank
Zenith Bank
First HoldCo First Bank
GTCO
UBA
Fidelity Bank

Access and Zenith did not just meet the requirement. They overshot it comfortably. That alone tells you who came prepared and who did not.

National Banks That Have Crossed ₦200bn

Wema Bank
Citibank Nigeria
Standard Chartered Nigeria
Ecobank Nigeria
Globus Bank
Stanbic IBTC
PremiumTrust Bank
Providus Bank through merger with Unity Bank

PremiumTrust deserves special mention. Just three years old and already hitting ₦200bn. That is aggressive banking.

Merchant and Non Interest Banks Not Left Out

FSDH Merchant Bank
Greenwich Merchant Bank
Nova Bank
Rand Merchant Bank

Jaiz Bank
Lotus Bank
TAJBank

Now here is the part many people are ignoring.

This recapitalisation is not about impressing CBN. It is about survival.

We saw this movie in 2004 under Soludo. Banks reduced from 89 to 25. Weak players disappeared. Strong ones became giants. History is repeating itself, just bigger and tougher.

What does this mean for everyday Nigerians?

Fewer but stronger banks
Better shock resistance
More capacity to fund big projects
Less excuses during economic stress

But also
Banks that fail to raise capital will be forced to merge or shut down
Some familiar names may disappear
Jobs will be affected
Shareholders who did not pay attention will cry later

This is not politics. This is finance. Money talks. Capital decides who stays.

If your bank has not clearly announced how it plans to meet the requirement, start asking questions now, not in April.

CBN has drawn the line.
21 banks have crossed it.
The rest are racing against time.

Nigeria’s banking sector is entering a new era. Stronger. Leaner. Less forgiving.

Sit tight. The next three months will be very interesting.

Source
Where is FCMB o.
i have to be on RED Alert

What happens to banks that don't make it?
Re: 21 Banks That Have Met The New CBN Capital Rules by creolehunt: 7:31pm On Jan 15
Keystone Bank sef
Re: 21 Banks That Have Met The New CBN Capital Rules by VHILL: 7:37pm On Jan 15
Passionate888:
I no see Guaranty TRUST Bank anywhere o
Because your eyes dey pain you
Re: 21 Banks That Have Met The New CBN Capital Rules by PHIPEX(m): 7:46pm On Jan 15
lebete3000:
No wonder GTBank staffs at Yaba were looking angry yesterday.

They know they're going down. Them no even dey allow pesin respond to their posts on X. No messaging either.

Awon oloshi.

UBA all da way!
GTB is same as GTCO, no 5 on the list above
Re: 21 Banks That Have Met The New CBN Capital Rules by Solsix(m): 7:49pm On Jan 15
Fcmb how far?
Re: 21 Banks That Have Met The New CBN Capital Rules by GboyegaD(m): 7:51pm On Jan 15
What is the essence of the recapitalization? Is this to strengthen them to support the real sector or just some free money for them to chase margin and shadow profits.
Re: 21 Banks That Have Met The New CBN Capital Rules by MrDoGood(m): 8:04pm On Jan 15
Passionate888:
I no see Guaranty TRUST Bank anywhere o
GtCo
Re: 21 Banks That Have Met The New CBN Capital Rules by Segxydube: 8:06pm On Jan 15
Passionate888:
I no see Guaranty TRUST Bank anywhere o
Eyes dey pain u?
Re: 21 Banks That Have Met The New CBN Capital Rules by kiz1to71(m): 8:07pm On Jan 15
Didn't you see Stanbic on the list?

I'm even surprised Stanbic is a National bank. I thought it was an international bank.[/quote]Exactly my thought too!
Re: 21 Banks That Have Met The New CBN Capital Rules by Segxydube: 8:07pm On Jan 15
lebete3000:
No wonder GTBank staffs at Yaba were looking angry yesterday.

They know they're going down. Them no even dey allow pesin respond to their posts on X. No messaging either.

Awon oloshi.

UBA all da way!
Gtco is gtbank na... Abi eyes dey pain u?
Re: 21 Banks That Have Met The New CBN Capital Rules by Segxydube: 8:08pm On Jan 15
Babatunjo:
This is showing that we are entering a period of economic prosperity in Nigeria.

Between 2004 and 2014, there was prosperity in Nigeria. But Som apart of Jonathan and much of Buhari's government destroyed the trajectory.

Nigeria is recovering.
Keep deceiving ursef
Re: 21 Banks That Have Met The New CBN Capital Rules by Segxydube: 8:09pm On Jan 15
TheStoriesOfMan:
I heard rumours from a top source that the big shareholders are reluctant because they do not have trust in the current management.
Oga leave rumour... Gtco is gtbank

Learn.
Re: 21 Banks That Have Met The New CBN Capital Rules by IBB007(m): 8:12pm On Jan 15
lol…unity bank sha squeeze themselves in…the bank really tried surviving for so long
Re: 21 Banks That Have Met The New CBN Capital Rules by TheStoriesOfMan: 8:13pm On Jan 15
Segxydube:
Oga leave rumour... Gtco is gtbank

Learn.
Go and sit down. Learn Wetin? Mtcheww
Re: 21 Banks That Have Met The New CBN Capital Rules by watchindelta(m): 8:15pm On Jan 15
Stamp duty I dey pay a day meh Is more . Because I do transfer to many people per day. Only me sometime 6 people oh what about the rest nigeria meh . Government they are cashing out on our head on this.
Re: 21 Banks That Have Met The New CBN Capital Rules by yarimo(m): 8:17pm On Jan 15
SpaceX:
Thank goodness keystone bank did not make the list, that bank finish me while I was in Nigeria.
and now you are enjoying your life in south Sudan, nice one.
Re: 21 Banks That Have Met The New CBN Capital Rules by carlo90(m): 8:20pm On Jan 15
Good to know my bank of first choice , Fidelity Bank , have met the target .
Just now I know that Fidelity bank is an international bank .
Congrats to the team at Fidelity bank
Re: 21 Banks That Have Met The New CBN Capital Rules by chudez0147(m): 8:25pm On Jan 15
TheStoriesOfMan:
Didn't you see Stanbic on the list?

I'm even surprised Stanbic is a National bank. I thought it was an international bank.
Me too. I’ve always thought that Stanbic IBTC is an international bank.
Re: 21 Banks That Have Met The New CBN Capital Rules by RealityKings1: 8:28pm On Jan 15
yarimo:
and now you are enjoying your life in south Sudan, nice one.
grin grin
Re: 21 Banks That Have Met The New CBN Capital Rules by netmillionaires(m): 8:30pm On Jan 15
Is GTCo not GTBanks?


Passionate888:
I no see Guaranty TRUST Bank anywhere o
Re: 21 Banks That Have Met The New CBN Capital Rules by Bizibi(m): 8:32pm On Jan 15
Fcmb and Sterling
Re: 21 Banks That Have Met The New CBN Capital Rules by Mabuggi88: 8:37pm On Jan 15
SpaceX:
Thank goodness keystone bank did not make the list, that bank finish me while I was in Nigeria.
Lol...They actually made it, just awaiting Official certification by the CBN, the guy didn't research well. But truth be told that bank na something else, I have been upgrading my account almost every 2months. Once money enter it won't carry it, I will upgrade, next two months the same thing will still happen until I bid bye bye to them, always crippling someone's plan each passing month
Re: 21 Banks That Have Met The New CBN Capital Rules by kronos1: 8:41pm On Jan 15
Most of those banks that met esp Access put so much pressure on each of their staff to bring in N10m from customer deposits fixed
Re: 21 Banks That Have Met The New CBN Capital Rules by sammycarz(m): 8:41pm On Jan 15
I can't find Polaris bank on this list
Re: 21 Banks That Have Met The New CBN Capital Rules by Omenlon: 8:48pm On Jan 15
Hellisreal70:
What of sterling bank?. Can someone please tell me whether sterling don reach the mark
no fear, na money man get am, Adenuga.
Re: 21 Banks That Have Met The New CBN Capital Rules by Omenlon: 8:51pm On Jan 15
carlo90:
Good to know my bank of first choice , Fidelity Bank , have met the target .
Just now I know that Fidelity bank is an international bank .
Congrats to the team at Fidelity bank
Peter obi bank, he no dey give shi shi. Wayo man.
1 2 3 4 Reply

8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline • New CBN Capital: 25 Banks Need N3.89trn Fresh Funds To Meet Requirements • Bank Recapitalisation: 17 Out Of 24 Banks Might Not Meet CBN Capital Requirement • 2 • 3 • 4

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