Money

CBN Publishes Lists of Licensed Finance Companies, DMBs, MFBs and BDCs As At Sept 30, 2019

The Central Bank of Nigeria (CBN) has published the list of licensed finance companies, Microfinance Bank (MFBs), Bureaux De Change (BDCs) and Deposit Money Banks (DMBs) and Finance Holding Companies operating in Nigeria as at 30th September 2019. 

Currently, there are against 77 Licensed Finance Companies; 911 CBN Licensed Microfinance Banks; 33 Deposit Money Banks (DMBs) and Finance Holding Companies; and 5,097 Bureaux De Change in Nigeria as at September, 30, 2019 as against 63 Licensed Finance Companies; 882 CBN Licensed Microfinance Banks; 35 Primary Mortgage Banks; and 4,345 Bureaux De Change in Nigeria as at September, 30, 2018.

SNFinancial Institution (s)30th Sept, 201930th Sept, 2018Diff% Chg
1Deposit Money Banks and Finance Holding Companies3330310.00%
2Licensed Finance Companies77631422.22%
3Microfinance Bank911882293.29%
4Bureaux De Change                       5,097                        4,34575217.31%
5Primary Mortgage Banks353500.00%
Source: CBN
Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *