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Home Finance Banking

Tatum Bank Meets CBN Capitalisation Requirement

Victoria Emeto by Victoria Emeto
March 10, 2026
in Banking, Finance
0
Tatum Bank Meets CBN Capitalisation Requirement

Tatum Bank has announced that it has successfully met its capitalisation milestone in line with regulatory requirements set by the Central Bank of Nigeria.

In a statement released on Monday, the bank said the confirmation from the apex bank marks a significant step in strengthening its financial foundation and positioning it for greater participation in Nigeria’s financial services sector.

The bank noted that the achievement reinforces its commitment to building a safe and dependable financial institution for its growing customer base.

Commenting on the development, the Managing Director of the bank, Niyi Adeseun, described the milestone as a strong validation of the institution’s vision and operational strategy.

“This milestone is a strong affirmation of the solid foundation upon which Tatum Bank was built. Our vision has always been to create a safe financial haven where customers can confidently pursue their financial goals,” he said.

Adeseun added that the bank would continue to build on the accomplishment by strengthening its commitment to delivering seamless and reliable banking experiences.

Also speaking on the development, the Chairman of the bank, Samuel Ologunorisa, said the institution would continue to leverage digital innovation to expand access to financial services across the country.

“Our strategy is firmly anchored on leveraging digital banking solutions to drive financial inclusion while supporting the growth of businesses and large corporations,” he stated.

Ologunorisa further noted that the bank’s operations are guided by strong corporate governance standards, responsible environmental, social and governance practices, and a robust enterprise risk management framework.

According to him, these principles remain central to the bank’s commitment to building a resilient and transparent financial institution within Nigeria’s evolving financial landscape.

Tatum Bank also disclosed that it achieved the capitalisation milestone less than a year after commencing full banking operations, having launched services in May 2025.

The bank said the development signals its readiness to make a meaningful and lasting impact in Nigeria’s banking industry through innovation, operational excellence, and customer-focused financial solutions.

Tags: #BankingNews#CBN#FinancialServices#NigeriaEconomy
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