Greenwich Merchant Bank Limited has received regulatory approval from the Central Bank of Nigeria (CBN) to establish its financial holding company, Greenwich Holdings Limited. This approval marks a major milestone for the Greenwich Group, allowing it to consolidate its financial services businesses, expand into new markets, and strengthen its position in the sector.
With the commencement of operations, Greenwich Holdings Limited will oversee Greenwich Merchant Bank Limited, Greenwich Asset Management Limited, and Greenwich Securities Limited, driving the Group’s strategic growth.
In a statement, Ozena Utulu, Head of Corporate Communications at Greenwich Merchant Bank, described the approval as a testament to the dedication and commitment to excellence that have defined Greenwich’s legacy as a trusted financial partner.
The establishment of Greenwich Holdings Limited signals a new chapter in the Group’s expansion, building on its roots as Greenwich Trust Limited, which began operations in 1994 as a financial advisory and issuing house. The firm later transitioned into Greenwich Merchant Bank Limited in 2020 after securing a CBN license.
Over the past 30 years, Greenwich has broadened its presence in Nigeria’s financial sector through its subsidiaries, including Greenwich Registrars and Data Solution Limited and Greenwich Trustees Limited. The new holding structure is expected to enhance operational efficiency and allow the Group to deliver more innovative financial solutions while creating long-term value for its stakeholders.
