
Greenwich Holdings Limited has outlined comprehensive plans to expand into retail commercial banking and reinforce its capital market operations following a strong 2025 financial performance, which saw its net profit surge by 71.3 per cent.
The financial services group disclosed its long-term growth roadmap during its Annual General Meeting in Lagos, where shareholders commended the board for delivering impressive returns in the company’s first full year operating under a financial holding structure.
According to audited financials presented to investors, gross earnings for the 2025 financial year surged 131.9 per cent to N64.23bn from the previous period. Profit before tax rose 71 per cent to N19.29bn, while profit after tax increased to N13.89bn against the N8.11bn recorded in 2024.
The group’s balance sheet also strengthened significantly, with total assets expanding 69 per cent to N309.12bn, while customer deposits climbed 80.5 per cent to N173.84bn, reflecting sustained consumer confidence.
Addressing shareholders at
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