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CAPITAL BANCORP RECORDS OVER N5.4BN ASSETS WITHIN 25YRS
 
By:
Fri, 27 Sep 2013   ||   Nigeria,
 

Capital Bancorp Plc (CBP), a multi-disciplinary finance and capital market operator disclosed to have recorded assets of over N5.4 billion in the past 25 years of its existence, having weathered the storm despite harsh operating environment.

According to the Company chairman, Olutola Mobolurin who announced the 25 years anniversary celebration of Capital Bancorp, strong investors’ confidence and consistent rendering of value added services to chains of its customers had enabled the company to sustain its position in Nigeria’s financial market till date.

He purported that strict adherence to the rules and regulations guiding the nation’s capital market have also helped to sustain Capital Bancorp in the good book of regulatory agencies in the financial market.

He added also that the company prides itself in the fact that it identifies the needs of its clients and through innovative instrument, helps companies to address issues of peculiar nature. 

CBP however is a primary and supplemental market maker for equity and fixed income markets, which commenced operations in October 3, 1988, with an estimated investment capital of N2.3 million. The firm now has a total company’s assets of N3.485 billion and shareholders’ funds that amounts to over N1.959 billion.

 

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