PremiumTrust Bank is proud to announce that it has successfully met the ₦200 billion minimum capital requirement for National Commercial Banks — well ahead of the March 2026 deadline set by the Central Bank of Nigeria (CBN). This milestone was achieved through a successful capital raise via Rights Issue and Private Placement offerings as part of the ongoing banking sector recapitalization exercise.
This achievement, officially approved by the CBN, highlights the Bank’s exceptional financial strength and solidifies its position as a dominant and rapidly rising force within Nigeria’s banking industry.
Since its establishment in 2022, PremiumTrust Bank has consistently set new benchmarks in performance and customer satisfaction. Surpassing the capital threshold is a reflection of the Bank’s robust growth strategy, strong business model, and consistent delivery of impressive financial results.
By meeting the new capital requirement, PremiumTrust Bank is now even better positioned to expand its operations, increase market penetration, and deliver innovative financial solutions that cater to individuals, SMEs, and corporate clients nationwide. The Bank’s accelerated growth and strong financial performance continue to distinguish it in Nigeria’s competitive banking landscape.
Speaking on the achievement, Managing Director and CEO of PremiumTrust Bank, Emmanuel Efe Emefienim, said:
“Exceeding the ₦200 billion capital requirement is a defining milestone for us. Achieving this within just three years of operations speaks to our strong financial performance, operational excellence, and the trust placed in us by our shareholders, customers, and regulators. As Nigeria’s fastest-growing bank, we are fully committed to delivering outstanding value and growth for all our stakeholders.”
This milestone builds on PremiumTrust Bank’s consistent track record of profitability, exceptional customer loyalty, and innovation. With a strengthened capital base, the Bank is strategically positioned to broaden its national footprint, deepen financing in priority sectors such as infrastructure and agriculture, and maintain its leadership in financial innovation.
PremiumTrust Bank’s remarkable trajectory reflects its clear strategic vision, committed leadership, and unwavering dedication to advancing Nigeria’s economic development. With a solid foundation in place, the Bank will continue to anticipate customer needs and reinforce its role as an emerging leader in the Nigerian banking sector.
PremiumTrust Bank is Nigeria’s fastest-growing financial institution, renowned for its strong financial performance, cutting-edge digital solutions, and customer-centric approach. In just three years of operation, the Bank has expanded across all six geo-political zones, reaffirming its commitment to accessibility and national impact. By setting new standards in service delivery and innovation, PremiumTrust Bank is shaping the future of banking in Nigeria.
