Nigeria’s Top 10 Banks According to Deposit Base

The banking sector has undergone several travails within the past one year, not least of which includes the loss of public sector funds due to the creation of the Treasury Single Account (TSA), which meant that several of the public sector accounts with commercial banks had to be shut down. Despite this, commercial banks still have some reason to be satisfied with their overall performance with regard to deposit base.

First Bank of Nigeria Holdings continue to hold the number one spot with a decline of 2.6% to record a N2.97 trillion deposit base as at 2015 ending. Fidelity Bank also moved up a place to 8^th while Skye bank, although 9^th suffered the highest drop in deposit base of 21%.

Below is a full list of the top ten banks, their deposit base and percentage decline over the past year

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Position	Last year Position	Bank	Deposit base	% change
1^st	1^st	First Bank of Nigeria Holdings	N2.97 trillion	-2.6
2^nd	2^nd	Zenith bank	N2.56 trillion	0.0
3^rd	3^rd	United Bank for Africa	N2.08 trillion	-4.1
4^th	6^th	Access Bank	N1.68 trillion	15.7
5^th	4^th	Guaranty Trust Bank	N1.61 trillion	0.0
6^th	5^th	Diamond Bank	N1.23 trillion	-17.4
7^th	7^th	Ecobank Nigeria	N1.22 trillion	-2.7
8^th	9^th	Fidelity Bank	N770 billion	-6.1
9^th	8^th	Skye Bank	N753 billion	-21.0
10^th	10^th	FCMB Group	N700 billion	-4.6