Coronation Merchant Bank (CMB)

This is the profile page of Coronation Merchant Bank on Manpower Nigeria. This page contains the email, contact phone number, address, website and other contact information of Coronation Merchant Bank.

Coronation Merchant Bank was initially founded as Associated Discount House Limited (“ADHL”) in 1993 by a consortium of reputable financial institutions. ADHL, which was licensed by the Central Bank of Nigeria to provide liquidity for sovereign debt notes and money market instruments, became a leading financial services institution, thriving throughout the tough period of the Nigerian economy. In 2011, a new leadership emerged at ADHL, signaling a new beginning for the bank, posting consistent growth across all metrics and turning the industry challenges to opportunities. In 2013, the transition to a merchant bank commenced which culminated in obtaining a merchant banking license and an FX dealing license in 2015. With both licenses, Coronation Merchant Bank assumes the heritage assets, strong credit rating of ADHL and brings alive a new force in the Nigerian banking industry.