Premium Trust Bank has surpassed the Central Bank of Nigeria’s (CBN) N200 billion minimum capital requirement for commercial banks, well ahead of the March 2026 deadline.
The bank disclosed that it achieved this milestone through a successful capital raise via rights issue and private placement, in line with the ongoing banking sector recapitalisation exercise.
Commenting on the achievement, Dr. Emmanuel Efe Emefienim, Managing Director/Chief Executive Officer of Premium Trust Bank, said:
“Exceeding the N200 billion capital requirement is a defining moment in the bank’s journey. This achievement, coming in just three years of the bank’s existence, is a reflection of our superior financial performance since inception, unwavering commitment to operational excellence, and the trust reposed in us by our shareholders, customers, and regulators.
“As Nigeria’s fastest-growing bank, we are uniquely positioned to not only lead the sector but to continue delivering outstanding value and growth for our stakeholders.”
He added that the bank is now better placed to scale its operations, expand market share, and provide innovative banking solutions tailored to the needs of individuals, businesses, and corporates nationwide.
With this feat, Premium Trust Bank joins the ranks of tier-1 lenders such as Access Bank and Zenith Bank that have already met the CBN’s recapitalisation threshold ahead of schedule, positioning it for stronger competitiveness and enhanced capacity to deliver cutting-edge financial solutions across Nigeria.
