Local News
PremiumTrust Bank Surpasses CBN’s ₦200bn Capital Requirement Three Years After Launch

In a major milestone, PremiumTrust Bank said it has met the Central Bank of Nigeria (CBN)’s N200 billion minimum capital requirement for National Commercial Banks in the country.
The feat came well ahead of the March 2026 deadline set by the apex bank, following a successful capital raise of rights issue and private placement offerings as part of the ongoing banking sector recapitalisation exercise.
The achievement, which has received CBN’s approval, not only underscored the Premium Trust’s exceptional financial strength but also positions it as a dominant player in the Nigerian banking industry.
The milestone further solidifies its place as the fastest-growing bank in Nigeria.
Commenting on the achievement, Managing Director/Chief Executive of Premium Trust Bank, Dr. Emmanuel Efe Emefienim, described the development as a watershed for the bank.
In a statement, he said, “Exceeding the N200 billion capital requirement is a defining moment in the bank’s journey.
