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

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Wednesday, November 20, 2019 / 07:20 AM / by Proshare Research / Header Image Credit: CBN       

 

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.


SN

Financial Institution (s)

30th Sept, 2019

30th Sept, 2018

Diff

% Chg

1

Deposit Money Banks and Finance Holding Companies

33

30

3

10.00%

2

Licensed Finance Companies

77

63

14

22.22%

3

Microfinance Bank

911

882

29

3.29%

4

Bureaux De Change

                       5,097

                        4,345

752

17.31%

5

Primary Mortgage Banks

35

35

0

0.00%

Source: CBN

 


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Related Links

1.       List of 77 Licensed Finance Companies by CBN as at September 30, 2019

2.      List of 911 CBN Licensed Microfinance Banks in Nigeria as at September 30, 2019

3.      List of 33 Deposit Money Banks and Finance Holding Companies as at September 30, 2019 - CBN

4.      List of 5.097 Bureaux De Change in Nigeria as at September, 30, 2019 - CBN

 

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