Coronation Merchant Bank, Named Best Investment Bank, Nigeria, at the 2023 World Finance Banking Awards

Coronation Merchant Bank, Named Best Investment Bank, Nigeria, at the 2023 World Finance Banking Awards

Lagos, Nigeria – April, 2024

Coronation Merchant Bank, a member of the Coronation Group Limited, was announced as the Best Investment Bank, at the esteemed 2023 World Finance Banking Awards recently. This esteemed accolade highlights the bank’s exceptional commitment to excellence and innovation in the financial sector. 

The World Finance Banking Awards celebrate institutions that demonstrate outstanding performance and innovation, particularly in the face of challenging macroeconomic environments. Coronation Merchant Bank, as part of the Coronation Group, has showcased unparalleled dedication to setting industry benchmarks and leading the financial sector with innovative solutions and superior services. 

Coronation Merchant Bank stood out among an international array of nominees, including Argentina Puente, Brazil BTG Pactual, Chile BTG Pactual, Colombia BTG Pactual, Dominican Republic Banreservas, France BNP Paribas, Georgia TBC Bank, Germany Deutsche Bank, Hong Kong Jefferies, Jordan Arab Bank, Kazakhstan Tengri Partners Investment Banking, Kuwait National Investments Company, Mexico BBVA Mexico, Netherlands ABN AMRO, Nigeria Coronation Merchant Bank, Oman Bank Muscat, Pakistan HBL, Paraguay Puente, Taiwan Fubon Financial, Thailand Siam Commercial Bank, and Turkey QNB Finansinvest, as well as the US-based Puente. 

Banjo Adegbohungbe, the Managing Director, and Chief Executive Officer of Coronation Merchant Bank, expressed his gratitude for this esteemed accolade. He stated, “We are deeply honoured to receive the award for Best Investment Bank, Nigeria, from World Finance. This recognition reaffirms our commitment to delivering exceptional financial solutions, fostering innovation, and ensuring sustainable growth. As part of the Coronation Group, we remain dedicated to providing unparalleled services to our clients and contributing to the continued progress of the financial sector in Nigeria.” 

Coronation Merchant Bank stands as a beacon of financial excellence in Nigeria, providing an extensive range of banking and financial services tailored to diverse sectors. Aligned with the Coronation Group’s vision, the bank is passionately committed to pioneering innovative solutions, nurturing robust growth, and actively participating in the economic advancement of Nigeria. 

About Coronation Merchant Bank

Coronation Merchant Bank was established in 2015 to provide wholesale banking to a long-underserved market. The Bank offers Corporate & Investment Banking, Private Banking/Wealth Management and Global Markets/Treasury Services to its niche clientele. It is the first and only merchant bank in Nigeria with an international risk rating (B- from Fitch). It presently has two branches in Abuja and Port Harcourt with its Head Office in Lagos, Nigeria.

The Bank has been the recipient of numerous international and national awards including Best Investment Bank in Nigeria by Global Finance, Best Investment Bank in Nigeria by World Finance, Best Investment Bank in Nigeria by Global Banking & Finance Review, Best Investment Bank by Global Business Outlook, Best Investment Bank in Nigeria by International Finance and Best Investment Bank in Nigeria at the BusinessDay Banking and Financial Institution Awards.


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