Greenwich Bank goes commercial with 3 branches

On Friday, October 2, 2026, Greenwich Bank Limited inaugurated its first three commercial banking branches in Lagos, Surulere, Ikoyi, and Victoria Island, signaling a significant phase in its expansion following its shift from a merchant bank to a regional commercial bank. Lagos State Governor, Babajide Sanwo-Olu, commended the bank for its expansion, highlighting the institution's role in fostering financial inclusion, wealth creation, and economic growth in the state.

The Governor, accompanied by Lagos State Commissioner for Finance, Abayomi Oluyomi, commissioned the Awolowo Road, Ikoyi branch, expressing optimism that Greenwich Bank would support businesses and customers, contributing to the state's economic development. Greenwich Bank plans to extend its operations to Akure, Ondo State, and Ado-Ekiti, Ekiti State, with further growth expected across the South-West, South-South, North-West regions, and the Federal Capital Territory.

The bank also aims for a national banking license in the medium term, broadening its services to include retail customers, SMEs, commercial organizations, and public-sector institutions. Group Chairman Kayode Falowo emphasized the bank's commitment to providing quality products and services, integrity, speed, and value to customers.

Greenwich Bank's expansion strategy integrates physical branches with digital banking, aiming to reach a wider customer base through accessible, convenient, and responsive financial services.