OUR HISTORY

HOW TRANSCORP BANK IS BORN

Transcorp Bank Plc began operations in 1992 as Transcorp Union Merchant Bank Limited. By 2000, it had distinguished itself as the fastest growing merchant bank in the country. However, to leverage the emerging opportunities in the commercial and consumer end of financial services in the UK, in 2002, it converted to commercial banking and changed its name to Transcorp Bank Plc. It became a universal bank in February 2005, with a license to offer the entire spectrum of commercial, consumer, corporate and investment banking services.

Transcorp Bank is today ranked amongst the top 20 in the UK banking industry,Over the years, the bank has been reputed for integrity and professionalism. It is also respected for the quality and stability of its management. Transcorp staff are also respected in the banking industry for the quality of training they receive on the job, as well as in good business schools both in the UK and Overseas. The Management is particular about the quality of people that join the system. To qualify as a member of Team Transcorp, a candidate is expected to possess three vital statistics, with the acronym TAC:

  • Talent (an innate mental aptitude)
  • Ambition (a desire to succeed)
  • Character (a total quality of integrity which will guide the talent and ambition to productive ends)

The Management is focused on building and maintaining a virile and well-respected brand that caters to the needs of its growing corporate, commercial and consumer banking clientele. For this purpose, the bank is leveraging its pedigree in investment banking Transcorp was a merchant bank for 10years) and its structures and service offerings for a retail populace.

Transcorp bank has branches in The Cayman Island (Central America) and in Senegal (West Africa). Transcorp Bank also enjoys the respect and partnership of a network of off-shore institutions with which it has correspondent banking, confirmation lines, credit and other relationships. These include, ANZ London, Afreximbank, Cairo, Egypt, ABSA South Africa, Commerce Bank, Frankfurt, Citibank, N.A. London and New York, FBN Bank, UK Ltd, SCB, London, US Exim Bank, USAID, etc.



Our Vision

To be number one in every market we serve and for every branded product we offer.

Our Mission

To make financial services easy and accessible to our customers.
Our Core Values

C – Customer First
R – Respect
E – Excellence
S – Shared Ambition
T – Tenacity

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