Last Updated November 07, 2008
Nigerian Banks in the UK: London Calling
Only two Nigerian banks had a presence in London before 2007. Then Zenith Bank’s launch of a UK subsidiary last July opened the floodgates. Access Bank, Intercontinental and GTB followed within months, with more lining up at the door. And trade finance seems to be the reason they want to come, writes Rupert Sayer.
When Nigeria’s Zenith Bank opened a UK subsidiary in London – Zenith Bank (UK) – early in 2007, it was the first Nigerian bank to open up a new shop in the country for 25 years.
