Coronation bank news

Coronation Bank is a Nigerian bank that was established in 2018. Here are some recent news updates about the bank:

  1. Coronation Bank receives CBN's final approval: In October 2020, the Central Bank of Nigeria (CBN) gave final approval to Coronation Bank to operate as a commercial bank in Nigeria. This marked a significant milestone for the bank, which had been operating as a microfinance bank since its inception.
  2. Coronation Bank launches mobile banking app: In November 2020, Coronation Bank launched its mobile banking app, which allows customers to perform various banking transactions, including account opening, fund transfer, and bill payment.
  3. Coronation Bank partners with Mastercard: In December 2020, Coronation Bank partnered with Mastercard to issue debit cards to its customers. This partnership aims to enhance the bank's payment capabilities and provide customers with a more convenient way to make transactions.
  4. Coronation Bank receives ISO 27001 certification: In January 2021, Coronation Bank received the ISO 27001 certification, which is an international standard for information security management. This certification demonstrates the bank's commitment to protecting customer data and ensuring the security of its systems.
  5. Coronation Bank launches digital lending platform: In February 2021, Coronation Bank launched a digital lending platform that allows customers to access loans quickly and easily. The platform uses artificial intelligence and machine learning to assess creditworthiness and provide loans to eligible customers.
  6. Coronation Bank appoints new MD/CEO: In March 2021, Coronation Bank appointed a new Managing Director/Chief Executive Officer (MD/CEO), Mr. Adeyinka Adedeji. Adedeji has over 20 years of experience in the banking industry and has held various leadership positions in different banks.
  7. Coronation Bank wins award for best digital bank: In April 2021, Coronation Bank won the award for Best Digital Bank in Nigeria at the 2021 African Banker Awards. The award recognizes the bank's innovative approach to digital banking and its commitment to providing customers with a seamless banking experience.

These are just a few of the recent news updates about Coronation Bank. The bank continues to innovate and expand its services to meet the evolving needs of its customers.