History Timeline

1990

Afribank International Limited (Merchant Bankers) incorporated on the 6th February 1990

2005

Afribank International Ltd (Merchant Bankers) merges with Afribank Nigeria PLC. The Investment banking division of AIL is incorporated as Afribank Capital Markets Ltd (ACML) on 22 December 2005

2008

ACML changes to Afribank Capital Limited

2011

Afribank Capital Limited changes name to Mainstreet Bank Capital Limited following the nationalization of Afribank Nigeria PLC and subsequent change of name to Mainstreet Bank Limited

2014

Parent Bank sold to Skye Bank Plc through a competitive bid

2017

2017

MBCL is acquired by new investors and under new management