CORONATION MERCHANT BANK
Coronation Merchant Bank is a leading Nigerian investment bank established in 1993 as Associated Discount House Limited before obtaining a merchant banking license from the Central Bank of Nigeria in 2015 . The bank provides corporate banking, investment banking, global markets, treasury, and international trade solutions to corporations, governments, and financial institutions . Rated 'A' by Agusto & Co., Coronation raised its paid-up capital to ₦50.26 billion in 2026, meeting CBN's recapitalization requirements . With over 25 years of operational history, the bank is recognized as a premier investment banking franchise in Africa
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- Short Name
- CMB
- Bank Code
- CMBBNGLAXXX
- Support Email
- crc@coronationmb.com
- Support Phone
- +234 (0)1-2797640-43
- Headquarters
- Coronation House, 10 Amodu Ojikutu Street, off Saka Tinubu Street, Victoria Island, Lagos, Nigeria
- Source
- N/A
Latest minimum and maximum interest per year
This table reflects the most recent published weekly rate sheet for CORONATION MERCHANT BANK.
| Category | Minimum Interest per Year | Maximum Interest per Year |
|---|---|---|
| AGRICULTURE, FORESTRY AND FISHING | 24.00% | 24.00% |
| MINING & QUARRYING | 9.00% | 9.00% |
| MANUFACTURING | 9.00% | 35.00% |
| REAL ESTATE ACTIVITIES | - | - |
| PUBLIC UTILITIES | - | - |
| GENERAL COMMERCE | 10.65% | 34.00% |
| TRANSPORTATION & STORAGE | 9.00% | 30.00% |
| FINANCE & INSURANCE | - | - |
| GENERAL | 19.50% | 22.00% |
| GOVERNMENT | - | - |
| WATER SUPPLY SEWAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES | - | - |
| CONSTRUCTION | 9.00% | 9.08% |
| INFORMATION AND COMMUNICATION | 33.00% | 33.00% |
| PROFESSIONAL, SCIENTIFIC AND TECHNICAL | - | - |
| ADMINISTRATIVE AND SUPPORT SERVICE | - | - |
| EDUCATION | - | - |
| HUMAN HEALTH AND SOCIAL WORK ACTIVITIES | - | - |
| ARTS, ENTERTAINMENT AND RECREATION | - | - |
| ACTIVITIES OF EXTRATERRITORIAL ORGANIZATIONS AND BODIES | - | - |
| POWER AND ENERGY | - | - |
| CAPITAL MARKET | - | - |
| OIL & GAS | 11.47% | 34.00% |
Weekly bank rate trend chart
Visualize how savings deposit, average prime, and average max rates have moved across recent weekly publications.
Weekly publication history
Each publication preserves the weekly CBN-linked rate sheet for this bank.
| Category | Minimum Interest per Year | Maximum Interest per Year |
|---|---|---|
| AGRICULTURE, FORESTRY AND FISHING | 24.00% | 24.00% |
| MINING & QUARRYING | 9.00% | 9.00% |
| MANUFACTURING | 9.00% | 35.00% |
| REAL ESTATE ACTIVITIES | - | - |
| PUBLIC UTILITIES | - | - |
| GENERAL COMMERCE | 10.65% | 34.00% |
| TRANSPORTATION & STORAGE | 9.00% | 30.00% |
| FINANCE & INSURANCE | - | - |
| GENERAL | 19.50% | 22.00% |
| GOVERNMENT | - | - |
| WATER SUPPLY SEWAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES | - | - |
| CONSTRUCTION | 9.00% | 9.08% |
| INFORMATION AND COMMUNICATION | 33.00% | 33.00% |
| PROFESSIONAL, SCIENTIFIC AND TECHNICAL | - | - |
| ADMINISTRATIVE AND SUPPORT SERVICE | - | - |
| EDUCATION | - | - |
| HUMAN HEALTH AND SOCIAL WORK ACTIVITIES | - | - |
| ARTS, ENTERTAINMENT AND RECREATION | - | - |
| ACTIVITIES OF EXTRATERRITORIAL ORGANIZATIONS AND BODIES | - | - |
| POWER AND ENERGY | - | - |
| CAPITAL MARKET | - | - |
| OIL & GAS | 11.47% | 34.00% |
