PremiumTrust Bank has announced that it has successfully surpassed the ₦200 billion minimum capital requirement set by the Central Bank of Nigeria (CBN) — and it did so well ahead of the March 2026 deadline.

The young but fast-rising financial institution achieved the feat through a successful rights issue and private placement exercise, both of which have already received the CBN’s approval. This accomplishment firmly places PremiumTrust among the most financially solid banks in Nigeria and cements its reputation as the fastest-growing bank in the country.

In a statement, the bank’s Managing Director/CEO, Dr. Emmanuel Efe Emefienim, described the milestone as a “watershed moment” in PremiumTrust’s journey.

“Exceeding the ₦200 billion capital requirement is a defining moment for us. To achieve this in just three years of existence reflects our strong financial performance, commitment to excellence, and the confidence our shareholders, customers, and regulators have in us,” Emefienim said.

The development comes amid the CBN’s ongoing bank recapitalisation drive, which requires commercial banks to strengthen their capital bases in order to improve financial system stability and support economic growth.

By achieving this milestone so early, PremiumTrust has not only proven its resilience but also positioned itself as a dominant player in Nigeria’s banking sector.

With this leap, customers and investors alike will be watching closely to see how the bank continues to expand its footprint and redefine modern banking in Nigeria.