We are Africa’s premier investment bank, providing innovative solutions to the needs of corporations, governments and other financial services organisations.

The Coronation Bank Story

Coronation Merchant Bank has been an intricate part of the Nigerian economy since the year 1993, when Associated Discount House Limited (ADHL), the forerunner of today’s Coronation Merchant Bank, was set up 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.

We have grown and evolved over the years, and in 2011, new leadership emerged at ADHL, signalling a new beginning for our bank. We have posted consistent growth across all metrics, turning the industry challenges to opportunities.

In 2013, we began our transition into a merchant bank, Coronation Merchant Bank, and eventually obtained a merchant banking license and an FX dealing license in 2015.

With our new look and persona, but with the same heritage assets, strong credit rating and a commitment to growth and excellent service, we are positioned to lead the Nigerian banking industry.

Our Vision

Our vision is to be Africa’s premier investment bank. We are a fast-paced, results-driven and innovative organisation, setting new standards of excellence in the Nigerian banking sector and beyond. Our journey is taking us on a transformation towards becoming Africa’s leading investment bank.

Our Brand

Our brand communicates our vision, ambition and inner strength.

The lion is a widely recognised symbol of Africa, yet it also typifies courage, leadership and intelligence. Just as the lion is considered “King of the Jungle”, we intend to become the leader in our field.

Our brand is supported by core values centred on innovation, integrity, service excellence, teamwork, leadership and people development. Our ongoing commitment to these values will enable us to deliver on our vision.

Our Core Values

Innovation – We demonstrate innovation by developing solutions to diverse customer problems, differentiating ourselves from competition with creative products and service offerings, and proactively initiating change and improvement measures. 

Teamwork–Through teamwork, we build corporate intelligence, increase efficiency, enhance performance and bring diverse capabilities to bear from our wide range of professional expertise.

We hold the interests of the team above those of the individual, while showing mutual respect for all employees and sharing information throughout the organisation. 

Integrity–We demonstrate a high level of integrity by being ethically unyielding and honest – inspiring trust through unambiguous communication, matching behaviour to words and taking responsibility for actions.

Our operations are transparent and always comply with all regulations and applicable laws. 

Excellence –We are tenaciously determined and disciplined in ensuring that the client agenda is achieved, holding ourselves to the highest possible standards. We strive to do so through our passionate and painstaking attention to detail.

Our vision to transform Coronation Merchant Bank is a continuous journey. Every employee is expected to understand the importance of serving with excellence, whether this is dealing with a client’s query, manning the gates or working at the service counter. 

Developing People–We are committed to continuous growth and career development, and equipping our people with the right tools and experience that enable them to provide solutions. This principle is applied at all levels and across all functions.  

Leadership– We achieve clear market leadership by challenging the status quo. We are the catalyst for change industry-wide. We will be the first to embrace all things worthy, and sometimes the only.