Globus Bank

What Globus Bank does

Globus Bank Limited is a privately held Nigerian commercial bank headquartered at Plot 722 Akinbo Savage, Victoria Island, Lagos. Founded in 2019, the bank holds a commercial banking license from the Central Bank of Nigeria (CBN) and its deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC). It operates across four business units: Retail Banking, Emerging Businesses/SME, Wholesale Banking, and Premier Banking, serving individual customers, small and medium enterprises, large corporates and government entities, and high-net-worth clients respectively. The bank employs between 251 and 500 staff.

The bank's product portfolio spans the standard commercial banking stack: eight deposit account variants (Domiciliary, Kiddies, Savings, Individual Current, Non-Resident, Senior, More Savings, Campus) plus multi-network debit cards (Verve, MasterCard, Visa), personal loans and mortgages, and an investment shelf covering treasury bills, bonds, commercial papers, and money market deposits. Distribution is multi-channel, combining physical branches with digital touchpoints including a mobile application, Retail Internet Banking (rib.globusbank.com), Corporate Internet Banking (cib.globusbank.com), USSD on *737#, an ATM network, and FX purchase via tradesystem.gov.ng. The bank has also deployed an API sandbox (sandbox.globusbank.com) with public documentation, signalling an ecosystem/integration posture. Underlying technology is described as standard banking infrastructure with Web Application Firewall and encrypted transaction servers; there is no disclosed AI/ML capability. Compliance posture includes an ISMS Policy Statement (29 February 2024) committing to ISO 27001, with ISO 20000 and ISO 22301 referenced as part of an Integrated Management System, and adherence to Nigeria's NDPR 2019 and NDPA 2023 data protection regimes.

Revenue mechanics follow conventional banking economics: net interest income from lending (personal loans, mortgages, business financing), fees on deposit accounts and debit cards, transaction fees on FX and investment products, and treasury income from investment book. No pricing, revenue, asset, or deposit figures are publicly disclosed. The franchise is operating within the cohort of 34 CBN-licensed banks subject to Nigeria's 2024-2026 recapitalization regime, which as of January 2026 had been cleared by approximately 22 of 34 institutions; Globus Bank's specific status under these rules is not confirmed in the available material.

Name

Globus Bank

Legal name

Globus Bank Limited

Website

https://globusbank.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

251–500 employees

Short description

Globus Bank is a privately held Nigerian commercial bank licensed by the Central Bank of Nigeria, serving retail, SME, wholesale, and premier banking customers through branches, mobile and online platforms, USSD, and ATM networks.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Digital Retail Banking (Online & Mobile) (FSABAAAF)

akta.pro secondary industries

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Retail banking services
• Commercial banking
• SME business banking
• Investment products
• Debit card issuance

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking interest income from lending activities including personal loans, mortgages, and business financing.
2. Investment Products: Revenue from investment products including treasury bills, bonds, commercial papers, and money market deposits offered to customers.
3. Deposit Accounts: Fees and charges from various deposit accounts including savings accounts, current accounts, domiciliary accounts, and specialized accounts for seniors, students, and children.
4. Cards and Payments: Revenue from debit card operations and payment processing services. Cards support Verve, MasterCard, and Visa.
5. Foreign Exchange Services: FX purchase and trading services for customers.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels3 records

Core offering

Globus Bank is a Nigerian commercial bank that accepts deposits, extends personal loans and mortgages, and distributes investment instruments (treasury bills, bonds, commercial papers, money market deposits) to individual, SME, corporate, and premier banking customers. It delivers these through a multi-channel platform comprising physical branches, internet banking portals, a mobile app, USSD (*737#), ATMs, debit cards on Verve/MasterCard/Visa, and an FX purchase service. The bank also operates an API sandbox enabling partners and developers to integrate with its banking rails.

Product overview

Globus Bank offers a comprehensive banking platform consisting of retail and corporate banking services through multiple delivery channels including branch banking, online banking, and mobile banking (Globus Mobile). The core product portfolio includes various savings and current accounts (Globus Domiciliary Account, GlobusKiddies Account, Globus Savings Account, Globus Individual Current Account, Globus Non Resident Account, Globus Senior Account, Globus More Savings Account, Globus Campus Account) and investment products (Treasury Bills, Bonds, Commercial Papers, Money Market Deposits). The bank also provides personal loans, debit cards (supporting Verve, MasterCard, and Visa networks), and specialized services for retail customers, corporate clients, SME/emerging businesses, and premier banking customers. The bank operates digital platforms including Retail Internet Banking (rib.globusbank.com) and Corporate Internet Banking (cib.globusbank.com) alongside an API sandbox for developer integration.

Differentiator

Problem solved

Functional benefit

Brands

• GlobusKiddies Account: Children's savings account for financial independence
• Globus Savings Account
• GlobusSeniors Account
• Globus More Savings Account
• Globus Individual Current Account
• Globus Domiciliary Account
• Globus Premier Banking
• Globus Campus Account

Products and services

• Globus Domiciliary Account A foreign currency-denominated savings account allowing customers to save, hold, and transact in foreign currencies. Designed for individuals and businesses needing to hold funds outside naira.
• GlobusKiddies Account A savings account designed for children to prepare them for financial independence from an early age. Targeted at parents opening custodial accounts for minors.
• Globus Savings Account A high-interest savings account offering competitive rates and access to banking services. Targeted at individual customers seeking to grow deposits.
• Globus Individual Current Account A current account for individuals with features for daily banking transactions including deposits, withdrawals, and transfers.
• Globus Non Resident Account A banking account designed for non-resident individuals, typically Nigerians in the diaspora managing finances in their home country.
• Globus Senior Account A specialized account for customers aged 65 and above, offering preferential treatment, priority service, and no minimum opening balance. Targeted at retirees and elderly customers.
• Globus More Savings Account A savings account with minimum opening balance of NGN 100,000 and minimum operating balance of NGN 5,000, offering competitive interest rates and limited withdrawals to earn interest. Targeted at higher-balance savers.
• Globus Campus Account A savings account targeted at students and campus communities to encourage early financial engagement.
• Debit Cards Debit cards supporting Verve, MasterCard, and Visa networks for safe and convenient banking transactions including ATM withdrawals, POS payments, and online purchases. Issued to account holders across retail and corporate segments.
• Treasury Bills Short-term debt instruments issued by the Federal Government of Nigeria through the Central Bank of Nigeria, available in 91-day, 182-day, and 364-day tenors. Offered to customers as a fixed-income investment.
• Bonds Long-term debt instruments issued by corporates and governments to fund capital projects. Tradable securities that customers can also use as loan collateral. Offered as part of the bank's investment product suite.
• Commercial Papers Unsecured negotiable short-term instruments issued by corporates for financing short-term liabilities and working capital, with maturities up to 270 days. Distributed to customers as an investment product.
• Money Market Deposits Cash placements with banks for set periods including overnight deposits, call deposits, and tenured deposits offering competitive interest rates. Targeted at customers seeking short-term yield on idle cash.
• Loans & Mortgages Personal loans and mortgages designed for individuals' financial needs and requirements. Offered to retail customers to fund life events and property purchases.
• Globus Mobile Mobile banking application enabling customers to manage finances anywhere, anytime with seamless funds transfer, real-time balance inquiry, card and cheque management, account management, and easy bill payment. Targeted at retail account holders with smartphones.
• Online Banking (Retail & Corporate Internet Banking) Internet banking platform providing retail customers access to account management and corporate customers access to funds, transactions, and opportunities. Delivered via rib.globusbank.com (retail) and cib.globusbank.com (corporate).
• Emerging Businesses / SME Banking Banking services for small and medium enterprises including business financing, merchant services, business banking accounts, and partner engagement via the developer sandbox. Targeted at SMEs and emerging businesses in Nigeria.
• Wholesale / Corporate Banking Banking services for large corporate clients, financial institutions, and government entities including business focus areas, large-scale financing, corporate investments, and trade solutions. Targeted at wholesale/corporate clients in Nigeria.
• Premier Banking Premium banking services with lifestyle benefits and wealth management for high-net-worth individuals. Targeted at premium customers seeking a differentiated banking experience.
• FX Purchase Service Foreign exchange purchase services for customers seeking to buy foreign currency. Delivered through integration with the Central Bank of Nigeria's tradesystem.gov.ng platform.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• DOAM FoundationminorOthers · 18 April 2026Globus Bank sponsored the DOAM Foundation's 15th Charity Golf Tournament scheduled for April 18, with funds raised supporting education and healthcare for underprivileged children and youths. This represents a corporate social responsibility/community engagement partnership.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• United Bank for Africa (UBA): Pan-African Nigerian commercial bank with strong retail, SME, and corporate banking plus digital channels (mobile, USSD, online). Closely comparable to Globus Bank's multi-channel delivery model and product mix, though with broader geographic reach.
• Zenith Bank: Major Nigerian commercial bank with retail, corporate, and SME banking operations across digital and physical channels. Comparable to Globus Bank in product breadth (deposits, loans, cards, investment products) and multi-segment targeting.
• First Bank of Nigeria: Nigeria's oldest commercial bank with the country's largest branch network, retail and corporate banking, and a growing digital platform (FirstMobile). Comparable to Globus Bank across all four segments with stronger legacy franchise.
• Wema Bank (ALAT): Nigerian commercial bank and pioneer of digital-only banking in Nigeria through ALAT. Comparable to Globus Bank's digital-first positioning and SME/retail focus, with a more mature digital brand.
• Stanbic IBTC Bank: Nigerian commercial bank with retail, corporate, and investment banking divisions plus a digital platform. Comparable to Globus Bank's wholesale/corporate banking and investment products (treasury bills, bonds, money market) lines.
• Union Bank of Nigeria: Established Nigerian commercial bank offering retail, SME, and corporate banking with digital channels and a focus on customer experience. Comparable to Globus Bank's product breadth and digital-first retail positioning.
• Fidelity Bank Nigeria: Mid-tier Nigerian commercial bank focused on retail, SME, and corporate banking with a strong digital banking platform. Closely comparable to Globus Bank in scale and segment focus, particularly in SME banking.
• Guaranty Trust Bank (GTBank): One of Nigeria's leading tier-1 commercial banks offering retail, SME, and corporate banking with strong digital and mobile banking channels. Directly comparable to Globus Bank across all four customer segments and the same multi-channel digital model.
• Access Bank: Large Nigerian commercial bank with extensive retail, SME, and wholesale operations, plus a growing digital banking platform. Directly comparable to Globus Bank's segment coverage and digital-led retail strategy.

Broad incumbents

• Ecobank Nigeria: Subsidiary of pan-African Ecobank Group offering retail, SME, and corporate banking with strong digital banking capabilities in Nigeria. Comparable to Globus Bank's product mix with broader regional footprint and parent-group scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/GlobusBankNG
• Facebookfacebook.com/GlobusBankNG
• LinkedInlinkedin.com/company/globus-bank-limited
• Instagraminstagram.com/globusbankng

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Globus Bank