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| Alpha Morgan Bank team with Gov. Sanwo-Olu. |
The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution.
This
affirmation reflects the Bank’s adherence to regulatory requirements and its
strategic focus on strengthening its capital base to support sustainable
growth, innovation and improved service delivery to customers.
With this
milestone, Alpha Morgan Bank is well positioned to continue expanding its
footprint with its 14 approved branches across different states, while
deepening inclusivity and enhancing the range of banking solutions available to
individuals, businesses, and institutional clients nationwide.
Commenting
on the development, The Managing Director, Mr. Ade Buraimo expressed the
readiness of the bank in ensuring compliance with regulatory requirement, good
governance framework while delivering satisfying banking along the long-term
vision of the bank to become the best bank to work and strong financial
institution to reckon with.
‘Capitalisation
is more than a regulatory requirement; it is an opportunity to strengthen the
institution for the future. The affirmation of Alpha Morgan Bank capitalisation
reflects the work we have done to build a solid capital foundation that allows
us to support businesses more effectively, expand financial access and continue
delivering the level of service our customers expect,’’ he said.
Alpha Morgan
Bank remains committed to maintaining strong corporate governance standards,
sound risk management practices, and prudent financial management as it
continues to support economic development and create long-term value for
stakeholders.
As Alpha
Morgan Bank enters the next phase of its journey, the institution will continue
to scale its operation, invest in technology, expand its branch network and
digital banking presence, whilst delivering reliable and satisfying banking
experiences to its growing customer base.
About
Alpha Morgan Bank
Alpha Morgan
Bank is a Nigerian commercial bank, committed to delivering satisfying banking
through innovative solutions, strong corporate governance, and customer-focused
services that support economic growth and financial inclusion.
Learn more
about Alpha Morgan Bank at www.alphamorganbank.com.
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