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Home»News»Tatum Bank meets CBN capital requirement
News

Tatum Bank meets CBN capital requirement

AdeboyeBy AdeboyeNo CommentsMarch 10, 20262 Mins Read
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Tatum Bank has announced that it has fulfilled the capitalisation benchmark set by the Central Bank of Nigeria for financial institutions operating in the country.

In a statement released on Monday, the bank said the confirmation by the apex regulator marks a major milestone in its growth trajectory and reinforces its capacity to play a stronger role in Nigeria’s financial services sector.

According to the bank, the development strengthens its financial base and reflects its commitment to providing secure and dependable banking services to its expanding customer base.

The Managing Director of Tatum Bank, Niyi Adeseun, described the milestone as a testament to the institution’s solid foundation and long-term vision for sustainable growth.

Adeseun said the bank would continue to build on the achievement by prioritising efficient service delivery and creating a reliable platform through which customers can achieve their financial goals.

He noted that the bank remains focused on providing seamless and dependable banking experiences as it expands its operations.

Also speaking, the Chairman of the bank, Samuel Ologunorisa, said Tatum Bank would continue to deploy digital innovation to broaden access to financial services across the country.

Ologunorisa stated that the institution’s strategy is anchored on the use of digital banking solutions to deepen financial inclusion while supporting the growth of businesses and large-scale enterprises.

He added that the bank’s operations are guided by strong corporate governance principles, responsible environmental, social and governance practices, as well as a robust enterprise risk management framework.

According to him, these standards remain central to the bank’s goal of building a transparent, resilient and trusted financial institution within Nigeria’s evolving financial landscape.

Tatum Bank, which commenced full banking operations in May 2025, said the capitalisation milestone was achieved in less than a year of launching its services.

The bank added that the strengthened capital base positions it to expand innovation-driven services while maintaining high operational standards in the country’s banking sector.

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Central Bank of Nigeria Niyi Adeseun Samuel Ologunorisa Tatum Bank
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