Providus Bank has opened Ekiti branch ina bid to strengthen expansion and capital position.
NewsOnline Nigeria reports that Providus Bank Plc has expanded its national footprint with the commissioning of a new branch in Ado-Ekiti, Ekiti State, as part of its strategy to deepen market presence and promote financial inclusion.
The development follows the bank’s successful compliance with the recapitalisation requirements set by the Central Bank of Nigeria since January 2025, positioning it for sustained growth and operational stability.
Speaking at the commissioning, Executive Director and Chief Financial Officer, Deoye Ojuroye, said the expansion aligns with the bank’s broader plan to strengthen its presence across key economic hubs nationwide.
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According to him, the bank’s growth strategy is focused on supporting real sector activities, enhancing access to financial services, and delivering value to businesses and individuals.
Ojuroye also reaffirmed the bank’s strong capital base, noting that disciplined risk and capital management continue to underpin its expansion drive.
Providus Bank plans to roll out additional branches in strategic locations over the next year, reinforcing its commitment to accessibility, resilience, and long-term value creation within Nigeria’s banking sector.
