‎PremiumTrust Bank, which began operations in 2022, has met the N200 billion capital requirement for commercial banks with a national licence, seven months to the deadline.

‎The Central Bank of Nigeria, CBN, announced a new recapitalisation target of N500 billion for Nigerian banks with an international licence, N200 billion for national license, N150 billion for non-interest banks, and N50 billion for regional banks.

‎The apex bank set the deadline for the financial institutions to recapitalise by March 31, 2026. PremiumTrust Bank exceeded the new capital requirement after finalising its rights issue.