Benin City, the capital of Edo State, Nigeria, serves as a major commercial and economic hub in the South-South region of the country. The city boasts a robust banking sector with numerous local and international financial institutions providing comprehensive banking services to individuals, businesses, and organizations. This comprehensive guide provides detailed information about the major banks operating in Benin City, including their branch locations, contact details, and operating hours.
Banking in Benin City has evolved significantly over the years, with modern facilities offering a wide range of services including savings accounts, current accounts, fixed deposits, loans, foreign exchange services, electronic banking, and mobile banking solutions. The city’s strategic location makes it an important financial center for the region, attracting both commercial and investment banking activities.
Whether you’re a resident, visitor, or business owner in Benin City, this guide will help you locate the nearest bank branch and access the banking services you need. The information includes major commercial banks, microfinance institutions, and specialized financial service providers operating within the city and its environs.
1. First Bank of Nigeria Plc
First Bank of Nigeria is one of Nigeria’s oldest and most established financial institutions, founded in 1894. The bank has a strong presence in Benin City and offers a comprehensive range of banking services including retail banking, corporate banking, investment banking, and electronic banking solutions. First Bank is known for its extensive branch network and reliable customer service.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 59 Mission Road, PMB 1138, Benin City | Phone: +234-52-600450, +234-52-600451 | Monday-Friday: 8:00 AM – 3:00 PM |
| 208 Siluko Road, Benin City | Phone: +234-52-255003, +234-52-255004 | Monday-Friday: 8:00 AM – 3:00 PM |
| 165 First East Circular Road, Benin City | Phone: +234-52-258871, +234-52-258872 | Monday-Friday: 8:00 AM – 3:00 PM |
| Ikpoba Hill Branch, Benin City | Phone: +234-52-602110, +234-52-602111 | Monday-Friday: 8:00 AM – 3:00 PM |
2. Guaranty Trust Bank (GTBank) Plc
GTBank is a leading Nigerian financial institution known for its innovative banking solutions and excellent customer service. The bank offers retail banking, corporate banking, investment banking, and asset management services. GTBank has established itself as a technology-driven bank with robust online and mobile banking platforms.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 43 Akpakpava Street, Benin City | Phone: +234-700-4826-66328, +234-1-448-0000 | Monday-Friday: 8:00 AM – 4:00 PM |
| 158 New Lagos Road, Uselu, Benin City | Phone: +234-700-4826-66328 | Monday-Friday: 8:00 AM – 4:00 PM |
| 90 Ekenwan Road, Benin City | Phone: +234-700-4826-66328 | Monday-Friday: 8:00 AM – 4:00 PM |
| Ring Road Branch, Benin City | Phone: +234-700-4826-66328 | Monday-Friday: 8:00 AM – 4:00 PM |
3. United Bank for Africa (UBA) Plc
UBA is one of Africa’s leading financial services institutions with operations in 20 African countries. The bank provides comprehensive banking services including retail banking, corporate banking, investment banking, and treasury services. UBA is known for its pan-African presence and strong digital banking capabilities.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 71 Akpakpava Street, Benin City | Phone: +234-700-225-5822, +234-1-280-8822 | Monday-Friday: 8:00 AM – 4:00 PM |
| Sapele Road Branch, Benin City | Phone: +234-700-225-5822 | Monday-Friday: 8:00 AM – 4:00 PM |
| New Benin Market Branch | Phone: +234-700-225-5822 | Monday-Friday: 8:00 AM – 4:00 PM |
| University of Benin Branch | Phone: +234-700-225-5822 | Monday-Friday: 8:00 AM – 4:00 PM |
4. Zenith Bank Plc
Zenith Bank is one of Nigeria’s largest financial institutions by tier-1 capital and has established itself as a leading provider of corporate and retail banking services. The bank is known for its strong technology platform, excellent customer service, and innovative financial products.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 88 Akpakpava Street, Benin City | Phone: +234-700-2934-9200, +234-1-278-7000 | Monday-Friday: 8:00 AM – 4:00 PM |
| Siluko Road Branch, Benin City | Phone: +234-700-2934-9200 | Monday-Friday: 8:00 AM – 4:00 PM |
| Ikpoba Hill Branch, Benin City | Phone: +234-700-2934-9200 | Monday-Friday: 8:00 AM – 4:00 PM |
| Airport Road Branch, Benin City | Phone: +234-700-2934-9200 | Monday-Friday: 8:00 AM – 4:00 PM |
5. Access Bank Plc
Access Bank is one of Nigeria’s largest commercial banks by assets and has a strong presence across Africa. The bank offers a wide range of financial services including retail banking, corporate banking, investment banking, and digital banking solutions. Access Bank is known for its customer-centric approach and innovative products.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 142 Akpakpava Street, Benin City | Phone: +234-700-2255-227, +234-1-271-2005 | Monday-Friday: 8:00 AM – 4:00 PM |
| Sapele Road Branch, Benin City | Phone: +234-700-2255-227 | Monday-Friday: 8:00 AM – 4:00 PM |
| Ring Road Branch, Benin City | Phone: +234-700-2255-227 | Monday-Friday: 8:00 AM – 4:00 PM |
| New Benin Market Branch | Phone: +234-700-2255-227 | Monday-Friday: 8:00 AM – 4:00 PM |
6. Fidelity Bank Plc
Fidelity Bank is a full-service commercial bank operating in Nigeria with over 200 business offices and service points across the country. The bank provides a range of products and services including savings accounts, loans, investment banking, and digital banking services.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 61 Akpakpava Street, Benin City | Phone: +234-700-3432-35489, +234-1-279-8800 | Monday-Friday: 8:00 AM – 4:00 PM |
| Uselu Branch, Benin City | Phone: +234-700-3432-35489 | Monday-Friday: 8:00 AM – 4:00 PM |
| Siluko Road Branch, Benin City | Phone: +234-700-3432-35489 | Monday-Friday: 8:00 AM – 4:00 PM |
7. Sterling Bank Plc
Sterling Bank is a commercial bank in Nigeria that provides banking and financial services to corporate and individual customers. The bank offers retail banking, corporate banking, investment banking, and electronic banking services with a focus on technology-driven solutions.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 45 Akpakpava Street, Benin City | Phone: +234-700-7833-7546, +234-1-906-2222 | Monday-Friday: 8:00 AM – 4:00 PM |
| New Lagos Road Branch, Benin City | Phone: +234-700-7833-7546 | Monday-Friday: 8:00 AM – 4:00 PM |
| Ring Road Branch, Benin City | Phone: +234-700-7833-7546 | Monday-Friday: 8:00 AM – 4:00 PM |
8. Union Bank of Nigeria Plc
Union Bank is one of Nigeria’s oldest banks, established in 1917. The bank provides comprehensive banking services including retail banking, corporate banking, treasury services, and investment banking. Union Bank has a strong heritage and continues to serve customers across Nigeria.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 36 Akpakpava Street, Benin City | Phone: +234-700-8646-6428, +234-1-270-3722 | Monday-Friday: 8:00 AM – 4:00 PM |
| Sapele Road Branch, Benin City | Phone: +234-700-8646-6428 | Monday-Friday: 8:00 AM – 4:00 PM |
| New Benin Market Branch | Phone: +234-700-8646-6428 | Monday-Friday: 8:00 AM – 4:00 PM |
9. Stanbic IBTC Bank Plc
Stanbic IBTC Bank is a subsidiary of Standard Bank Group, Africa’s largest bank by assets. The bank offers a full range of banking, investment, and wealth management solutions to individuals, corporates, and institutions. It’s known for its international expertise and strong technology platform.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 126 Akpakpava Street, Benin City | Phone: +234-1-422-2222, +234-700-9096-000 | Monday-Friday: 8:00 AM – 4:00 PM |
| Ring Road Branch, Benin City | Phone: +234-1-422-2222 | Monday-Friday: 8:00 AM – 4:00 PM |
10. Polaris Bank Plc
Polaris Bank emerged from the acquisition of the former Skye Bank by the Asset Management Corporation of Nigeria (AMCON). The bank provides retail banking, corporate banking, and digital banking services with a focus on serving the needs of individual and corporate customers.
| Branch Location/Address | Contact Information | Opening Hours |
|---|---|---|
| 52 Mission Road, Benin City | Phone: +234-700-7652-7472, +234-1-888-8888 | Monday-Friday: 8:00 AM – 4:00 PM |
| New Lagos Road Branch, Benin City | Phone: +234-700-7652-7472 | Monday-Friday: 8:00 AM – 4:00 PM |
Additional Banking Information
ATM Services
Most banks in Benin City operate 24-hour ATM services at various locations throughout the city, including shopping centers, filling stations, and standalone locations. The ATMs are typically available for cash withdrawals, balance inquiries, mini statements, and fund transfers.
Online and Mobile Banking
All major banks in Benin City offer online and mobile banking services, allowing customers to perform various transactions from the comfort of their homes or offices. These services include fund transfers, bill payments, airtime purchases, and account management.
Customer Service Hours
While branch operations typically run from Monday to Friday (8:00 AM – 4:00 PM), most banks provide 24/7 customer service through their call centers. Customers can reach out for inquiries, complaints, and support at any time.
Important Notes
- Banking hours may vary during public holidays and special occasions
- Some branches may have extended hours on certain days
- It’s advisable to call ahead to confirm specific branch availability and services
- Most banks observe Saturday and Sunday as non-business days for branch operations
- Emergency services and ATMs remain available during weekends and holidays
This comprehensive guide provides essential information for accessing banking services in Benin City. For the most current information about specific services, fees, or branch operations, customers are advised to contact the banks directly or visit their official websites.
