6 Listed Banks That Have Met the CBN Recapitalization Target

Discover the 6 listed banks that have met the CBN recapitalization target with updated figures, including Zenith, Access, GT Bank, and more.

Introduction: Why CBN Recapitalization Matters

The Central Bank of Nigeria (CBN) recapitalization policy has been one of the most significant reforms in Nigeria’s financial sector in recent years. By setting recapitalization targets, the CBN ensures that banks are financially strong, able to support economic growth, and resilient against financial shocks. As of 2025, six listed Nigerian banks have already met this requirement, strengthening investor confidence and reassuring customers about the safety of their deposits.

If you are a stakeholder, investor, or banking customer, understanding which banks have met the target will help you make informed financial decisions.

The 6 Nigerian Banks That Met the CBN Recapitalization Target

1. Zenith Bank – ₦614.65 Billion

Zenith Bank leads the pack with a strong share capital and share premium account of ₦614.65 billion. Known for its innovative digital banking services and robust asset base, Zenith continues to dominate as one of the most capitalized banks in Nigeria. You can learn more about their operations and investor relations on the Zenith Bank official website.

2. Access Bank – ₦594.90 Billion

Access Bank follows closely with ₦594.90 billion, thanks to its aggressive expansion and mergers strategy over the years. The bank has expanded its footprint across Africa and beyond, making it one of the most competitive financial institutions in Nigeria. Customers can explore more via the Access Bank official website.

3. GT Bank – ₦504.03 Billion

Guaranty Trust Holding Company (GTCO), popularly known as GT Bank, has maintained its strong market presence with ₦504.03 billion in share capital and premiums. GT Bank’s focus on tech-driven banking solutions, customer service excellence, and regional growth has helped it remain a top-tier bank in Nigeria.

4. Stanbic IBTC – ₦257.96 Billion

Stanbic IBTC stands tall with ₦257.96 billion. Backed by the Standard Bank Group of South Africa, Stanbic IBTC has consistently shown resilience in asset management, investment banking, and retail banking. Its diversified financial services portfolio has been a major contributor to this recapitalization milestone.

5. Wema Bank – ₦214.70 Billion

Wema Bank, Nigeria’s pioneer in digital-only banking through ALAT, has also crossed the recapitalization threshold with ₦214.70 billion. This is a remarkable achievement for a mid-tier bank, showing that its digital-first strategy is yielding positive results and investor confidence.

6. Jaiz Bank – ₦28.67 Billion

Though relatively smaller compared to the big players, Jaiz Bank has successfully raised ₦28.67 billion, meeting the CBN target. As Nigeria’s leading non-interest (Islamic) bank, Jaiz has carved a unique niche in the industry, appealing to customers seeking Sharia-compliant banking services.

What This Means for the Nigerian Banking Sector

Meeting the CBN recapitalization target is a major milestone that will impact Nigeria’s economy in several ways:

Stronger banks: With higher capital bases, banks are better positioned to handle risks.
Increased lending capacity: More funds are available to support businesses and individuals.
Investor confidence: International and local investors gain more trust in Nigerian financial institutions.
Enhanced competition: Smaller banks will strive to innovate and scale up to meet future recapitalization targets.

Why Customers Should Pay Attention

For everyday banking customers, the recapitalization achievement brings peace of mind. Depositors can rest assured that their money is safer in well-capitalized banks. Additionally, stronger banks can provide:

Better credit opportunities.
Improved digital banking services.
More robust customer support and innovative products.

Reliable Sources for Banking Updates

To stay updated on banking recapitalization and financial news, you can follow trusted platforms like Nairametrics and CBN official website. These platforms provide timely insights into Nigeria’s evolving financial landscape.

Final Thoughts – Stay Informed, Stay Ahead

The fact that Zenith Bank, Access Bank, GT Bank, Stanbic IBTC, Wema Bank, and Jaiz Bank have met the recapitalization target is great news for Nigeria’s financial industry. It demonstrates stability, resilience, and the potential for stronger economic growth.

If you bank with any of these institutions, now is the time to take advantage of their strengthened capital base. Visit their official websites, explore new products, and consider how their financial strength can support your personal or business growth.

Nigeria’s financial future looks promising, and these banks are leading the way.