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Greenwich Bank goes commercial, opens five branches in Lagos, Akure, Ado-Ekiti

Greenwich Bank Limited has commenced operations as a regional commercial bank, commissioning three branches in Ikoyi, Victoria Island and Surulere, Lagos, on Friday, October 2, 2026, as it begins a new phase of expansion beyond merchant banking. The bank is also scheduled to commission branches in Akure on October 8 and Ado-Ekiti on October 9, […] The post Greenwich Bank goes commercial, opens…

Greenwich Bank Limited has begun operating as a regional commercial bank, opening its first five branches in Lagos, Ikoyi, Victoria Island, Surulere, Akure, and Ado-Ekiti. The transition marks a significant expansion from traditional merchant banking, now including services for individuals, small and medium-sized enterprises, commercial organizations, and public-sector institutions.

The bank secured regulatory approval in August 2026 to venture into commercial banking. Greenwich Bank's Chairman, Segun Oloketuyi, emphasized the new chapter ahead, emphasizing the bank's commitment to service quality, integrity, and customer value. Managing Director Benson Ogundeji highlighted the bank's strategy to leverage its strengthened capital, industry expertise, and technology to offer innovative banking solutions.

The expanded network aims to make services more accessible to households, entrepreneurs, businesses, and institutions. Greenwich Bank's expansion is part of a broader strategy to provide long-term value to customers, shareholders, and stakeholders.

Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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