Apex Bank's Functions

  • Keep accounts and maintain primary cash reserves.
  • Monitor, inspect, supervise and ensure compliance.
  • Lend funds.
  • Handle cheque clearing activities.
  • Provide specie services.
  • Supply cash and receive excess cash.
  • Render funds management services.
  • Guarantee payment instruments.
  • Provide audit and inspection services.
  • Develop credit assessment procedures and monitor loans and advances.
  • Provide ICT services.
  • Provide training for staff and directors.
  • Provide a deposit insurance scheme to protect deposits of customers.