Tatum Bank has announced that it has met the capitalisation requirement set by the Central Bank of Nigeria for financial institutions operating in the country.
The bank disclosed this in a statement on Monday, noting that the milestone strengthens its financial base and positions it to expand its role in Nigeria’s financial services sector.
According to the statement, the achievement also reinforces the bank’s commitment to providing a secure and dependable financial platform for its growing customer base.
The Managing Director of Tatum Bank, Niyi Adeseun, said the development reflects the institution’s strong foundation and readiness for sustainable growth.
“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 strengthen its commitment to delivering seamless and reliable banking services to customers.
Also commenting, the Chairman of the bank, Samuel Ologunorisa (SAN), said the institution would continue to leverage digital banking solutions 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 said.
Ologunorisa noted that the bank’s operations are guided by strong corporate governance principles, responsible environmental, social and governance practices, and a robust enterprise risk management framework.
He added that these principles would continue to guide the bank in building a resilient and transparent financial institution within Nigeria’s evolving financial landscape.
The bank stated that it achieved the capitalisation milestone less than a year after commencing full banking operations in May 2025.
It added that the strengthened capital base would support its commitment to innovation, operational excellence and improved banking experiences for customers.
