MetroBusinessNews

CBN Boosts Financial Secror Confidence, Approves Greenwich Holdings’ Structure

CBN

 

Determined to continuously improve the credibility and sustainability of the financial system, the Central Bank of Nigeria (CBN) has granted regulatory approval for the establishment of Greenwich Holdings Limited, the financial holding company of Greenwich Merchant Bank Limited.

Consequently, the Greenwich Group is expected to consolidate its financial service businesses, expand into new markets.

The Greenwich Holdings will oversee key subsidiaries, including Greenwich Merchant Bank Limited, Greenwich Asset Management Limited and Greenwich Securities Limited.

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The move is expected to drive the strategic expansion of the Group, reinforcing its commitment to delivering top-tier financial solutions.

But most importantly, analysts say the apex regulatory bank is determined to create level playing field as well as conducive environment for the sector, regarded as the engine-room of development for the economy to thrive

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