Premium Trust Bank
| Launched | April 19, 2022 (Port Harcourt branch) |
| Founder / CEO | Emmanuel Efe Emefienim |
| Vision/Mission | “Bank of first preference,” with focus on speed, innovation, and customer co-creation |
| Branches (2025) | 23 branches nationwide, including recent Osogbo expansion |
| Profit (2024) | ₦39.817 billion (↑327% YoY) |
| Operating Income | ₦109.476 billion (↑160%) |
| Awards | Nigeria’s Fastest Growing Bank; Most Innovative Bank (2022) |
| Brand Ambassadors | Tobi Amusan and Ese Brume |
| Best Known As | One of Nigeria’s fastest-growing commercial banks, recognized for rapid expansion and support for sports and innovation. |
Premium Trust Bank, a forward-thinking Nigerian commercial bank, was licensed by the Central Bank of Nigeria and officially commenced operations in April 2022, launching its first branch in Port Harcourt, Rivers State on April 19, 2022. The bank was established by Emmanuel Efe Emefienim.
The bank’s vision is to be the “bank of first preference,” grounded in principles of speed, innovation, and transformative impact across Nigeria. From its launch, Premium Trust has emphasized “speed of execution,” striving to co-create financial solutions tailored to customers’ needs through deep market knowledge and technology leverage.
In just three short years, Premium Trust Bank has achieved extraordinary growth. It rapidly expanded its branch network nationwide, with 23 branches open as of mid-2025, including a newly launched branch in Osogbo, Osun State, and robust coverage spanning Lagos, Ogun, FCT-Abuja, Delta, Bayelsa, Rivers, Kano, Oyo, Edo, Kwara, and others
The bank posted an outstanding performance in 2024, reporting a 327% increase in profit to ₦39.817 billion (up from ₦9.334 billion in 2023). Net interest income surged to ₦84.217 billion (+239%), fees and commissions grew, and total operating income ballooned to ₦109.476 billion (+160%). Pretax profit was ₦57.396 billion, and profit after tax amounted to ₦39.817 billion, despite rising interest expenses and inflationary pressures.
