CBN Clears Greenwich Holdings Limited To Commence Services

The Central Bank of Nigeria (CBN) has granted regulatory approval to Greenwich Merchant Bank Limited for the commencement of operations of its financial holding company, Greenwich Holdings Limited.

This approval marks a major milestone for the Greenwich Group, enabling it to consolidate its financial services, expand into new markets, and strengthen its position in Nigeria’s financial sector.

With this development, Greenwich Holdings Limited will now oversee Greenwich Merchant Bank Limited, Greenwich Asset Management Limited, and Greenwich Securities Limited, driving the group’s strategic expansion.

In a statement, Ozena Utulu, Head of Corporate Communications at Greenwich Merchant Bank, described the approval as a testament to the dedication, hard work, and commitment to excellence that have shaped Greenwich’s reputation as a trusted financial partner.

Greenwich’s journey began in June 1994 with the establishment of Greenwich Trust Limited, a SEC-regulated financial advisory and issuing house. Over time, the firm transitioned into a merchant bank in 2020 after securing CBN approval.

Today, Greenwich has expanded its reach across multiple financial segments, including Greenwich Registrars and Data Solution Limited and Greenwich Trustees Limited.

With its holding company status, Greenwich Holdings Limited aims to deliver innovative financial solutions, foster growth, and create value for its stakeholders. The approval positions the group for further expansion and increased market impact, reinforcing its standing as a key player in Nigeria’s financial ecosystem.