Friday, April 19, 2024

CBN approves merchant banking licence for Greenwich Trust

THE Central Bank of Nigeria has approved a merchant banking licence for Greenwich Trust Limited.

This, according to the investment banking group, has expanded the scope of its operations.

The new entity will now be known as Greenwich Merchant Bank Limited.

The licence allows Greenwich Merchant Bank to upscale and offer such diverse services as corporate banking, investment banking, financial advisory services, securities dealing, treasury, wealth and asset management, among others.

It also makes it possible to provide increased value to stakeholders beyond its previous scope, according to the company.

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