TAJBank Meets CBN Recapitalization Requirement Ahead of 2026 Deadline

Joel Ajayi

TAJBank has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new minimum capital requirement, achieving the milestone well ahead of the March 2026 deadline.

The bank described the achievement as a significant vote of confidence from its shareholders and a reflection of the strong leadership and commitment of its Board and Management, as well as the continued trust of its growing customer base.

By surpassing the CBN’s recapitalization threshold, TAJBank said it is now better positioned to strengthen its balance sheet, deepen financial inclusion, and support large-scale economic growth across Nigeria. The bank noted that the enhanced capital base will also enable it to deliver more innovative, resilient, and customer-focused financial solutions in line with its non-interest banking model.

TAJBank reaffirmed that despite entering a new phase of strengthened financial resilience, its core values and commitment to ethical banking, customer satisfaction, and national development remain unchanged.

The bank expressed appreciation to its customers and stakeholders for their loyalty and support, describing the recapitalization success as a shared achievement and a strong foundation for sustained growth in the years ahead