The Central Bank of Nigeria (CBN) has approved a merchant banking licence for Greenwich Trust Limited, expanding the scope of operations of the investment banking group.
The new entity will now be known as Greenwich Merchant Bank Limited.
According to the company, the licence allows Greenwich Merchant Bank to upscale and offer such diverse services as corporate banking, investment banking, financial advisory services, securities dealing, treasury, wealth and asset management etc, making it possible to provide increased value to stakeholders beyond its previous scope.
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