Which banks are most business friendly in Nigeria?
Cranfield MCConsulting
1 point. Voted up by Frederik Pétursson Madsen
Assuming that your question simply refers to identifying which Nigerian banks provide the most favorable interest rate charges to businesses, my answer would be NEXIM (Nigerian Export Import Bank).....However, your unlikely to be welcomed to the NEXIM party unless your business activities are Export or Import related......And even then it could be a very interesting experience.

I quite like this assumption as it allows the provision of a straight forward answer as opposed to the more complex approach of looking at business friendly in relation to other services e.g. customer service etc which in my opinion would need a fairly decent study in order to provide a more accurate answer.

Did you have a particular reason for asking? Do let us know if it’s a strong enough reason to initiate a research study of the local banks out here.

Oct 15, 2011

Olanrewaju OdunowoBusiness Development Associate TrueBranches.com
GTB, FirstBank, Zenith....3 major ones I trust although there are others too.
Sep 02, 2011
Can you elaborate on the advantages of these banks compared to others? - Frederik Pétursson Madsen 8 years

Adeniyi Sola BunmiMD/CEO Mcube Global Connect Limited
I will suggest GTB i have being usig them since 2001
Sep 18, 2011

Vellag LtdAgriculture
GT Bank and Zenith both have London branches now. For international Letters of credit, Standard Chartered is the most respected world wide.
Oct 17, 2011

Is there any Nigerian Bank that is really business friendly? For me, i think there none for now, i have had experiences, most of them will rather be friendly with on-ground and successful businesses, they will never look at start-up businesses even if their advertorials claims so and even if such businesses has great potentials.
Nov 04, 2011

I've had no issues with Standard Chartered Bank and GT Bank.
Nov 23, 2011
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