Tatum Bank thrives in first year with ₦117B deposits and ₦1.7B profit
Tatum Bank has marked a strong first year in Nigeria’s financial sector, achieving key milestones despite early challenges. The institution closed the 2025 financial year with a deposit base exceeding ₦117 billion and a Profit Before Tax of ₦1.7 billion. Its growth reflects a focus on digital innovation, customer service, and regulatory compliance. The bank’s first eight months of operation saw it record ₦1.7 billion in Profit Before Tax, even after heavy pre-operational investments. Managing Director Niyi Adeseun described the period as both demanding and fulfilling, highlighting the institution’s resilience in a competitive market.
Tatum Bank also met the Central Bank of Nigeria’s recapitalisation requirements, reinforcing its financial stability. This achievement aligns with its broader strategy of expanding operations and improving financial inclusion through technology-driven solutions.
Recognition followed in 2026 when the bank became a finalist at the Infosys Finacle Innovation Awards in the 'Transformation Excellence - Core Banking Transformation' category. The award underscored its progress in modernising banking services and enhancing operational efficiency.
Looking ahead, Tatum Bank plans to deepen its presence across key markets while maintaining strict regulatory standards. Its approach centres on delivering tailored financial products for retail, SME, corporate, and institutional clients, ensuring sustainable value for all stakeholders. With a deposit base of over ₦117 billion and a profit of ₦1.7 billion in its first year, Tatum Bank has established itself as a forward-thinking financial player. The institution’s focus on digital transformation, customer needs, and compliance positions it to support Nigeria’s evolving economy in the years ahead.
