As a brand of fortitude, strength and innovation in the Nigerian financial sector, following its adoption of a holding company structure, FirstBank on January 27, 2014 unveiled a refreshed corporate identity, including that of all its subsidiaries, designed to reflect the company’s strategic direction and position it to meet the future needs of the market. First Bank of Nigeria. The bank primarily financed foreign trade, but did little lending to indigenous Nigerians, who had little to offer as collateral for loans. Aside form saving your monies in these kinds of different accounts, they enable you to spend […] ; First National Bank (disambiguation), a name used by various banks worldwide First Interstate Bank (disambiguation), a name used by various banks worldwide First Commercial Bank (disambiguation), used by a bank in … As one of the leading private sector employers of graduate-level personnel in the country, FirstBank’s manpower development policy recognises the invaluable contribution that human resources make to the growth and development of countries successfully navigating from third world to developed country status. The teeming customers of the FirstBank Group are serviced from a network of over 700 business locations across Africa. Copyright © 2018. These principles ensure that we continue to develop solutions that are at the heart of all their challenges. Through a balanced approach to plan execution, FirstBank has consolidated its industry leadership by maintaining trans-generational appeal. Continued implementation of this strategy will produce long-term profitable growth as well as build great franchises and deliver value to all stakeholders. At First Bank Nigeria Limited, we put you first and are thus committed to protecting and respecting you privacy. The raised head of the elephant in our refreshed identity is our promise to all customers that with us in their corner, every financial challenge they face, they can face with their head held high. Senior Analyst, Product Owner at First Bank of Nigeria Limited in Lagos Apply today. FirstBank is present in the United Kingdom and France through its subsidiary, FBN Bank (UK) Limited with branches in London and Paris; and in Beijing with its Representative Offices there. FirstBank had 1.3 million shareholders globally, was quoted on The Nigerian Stock Exchange (NSE), where it was one of the most capitalised companies and also had an unlisted Global Depository Receipt (GDR) programme, all of which were transferred to its Holding Company, FBN Holdings in December 2012. FirstBank will continue to support sectors with viable economic activities and infrastructure development projects, within the Bank’s defined target market and risk acceptance criteria. This privacy policy stipulates the bank’s approach to handling your data and your rights in the course of providing you with the Curious Learning platform to meet your needs. Leveraging experience spanning over a century of dependable services, FirstBank has continued to build relationships and alliances with key sectors of the economy that have served as strategic building blocks for the wellbeing, growth and development of the country. The Bank has introduced customer-friendly and need-focused product schemes, partnered with international organisations and collaborated with Federal, State governments and the CBN, to support the sector. In the same period, FirstBank was named the “Most Innovative Bank in Africa” by African Banker Awards. First Bank of Nigeria, popularly referred to as FirstBank, is a Nigerian bank with International licensing. This subsisting feat received additional impetus when the Bank in 2011 was bestowed with the “Best Financial Reporting Company” award by Africa Investor, one of Africa’s most respected multimedia investment news and information publishers. FirstBank has been the back-to-back winner of the “Best Bank in Nigeria” for twelve (12) years, “Best Trade Finance Bank in Nigeria”, and “Best Foreign Exchange Bank in Nigeria” for seven (7) consecutive years – all awarded by the US-based Global Finance magazine. By continuing to browse this site, you give consent for cookies to be used. First Bank of Nigeria. In 1965, Standard Bank acquired the Bank of West Africa and changed its acquisition's name to Standard Bank of West Africa. In 1912, the Bank acquired its first competitor, the Bank of Nigeria (previously called Anglo-African Bank) which was established in 1899 by the Royal Niger Company. FirstBank is also winner of the “Best Banking Group in Nigeria”, awarded by World Finance Banking Awards, the “Best Investment Bank” the “Best Private Bank” awarded by the same institution, the latter which the Bank has received five times. He was the MD of UBA and so rubbished the bank that Standard Trust took over. The Bank was founded by Sir Alfred Jones, a shipping magnate from Liverpool, England. We are committed to being transparent about how we collect, process, share and manage data about you (our customers and staff). Most of the largest regional and nationwide banks serving the Colorado Springs area also are offering some type of help for customers affected by the pandemic, including Wells Fargo, Chase, US Bank, FirstBank and UMB Bank. Headquartered in Lagos, First Bank of Nigeria operates through four major Strategic Business Units (SBUs): Retail Banking, Commercial Banking, Corporate Banking, and Public Sector Banking. A bank could provide a secure home for deposits and also a uniform medium of exchange. The common stock of Enterprise Bancorp, Inc. is traded on the NASDAQ Stock Market under the symbol "EBTC". So far, the Bank has, through its concerted singular projects and collaborative partnerships, charted sustainable roadmaps in the spheres of leadership, youth development and socio-economic empowerment. First Bank of Nigeria Limited (“FirstBank”), established in 1894, is the premier Bank in West Africa, Nigeria’s number one bank brand and the leading financial services solutions provider in Nigeria. At First Bank Nigeria Limited, we put you first and are thus committed to protecting and respecting you privacy. Has merged with another entity. Other awards won by the Bank include the Best Bank in Nigeria (an award which the bank has won twelve times), by Global Finance; Best Banking Brand and Best Banking Performer, both by Global Brands Awards. To ensure you have the access you need on the e-learning platform, You may request to update your personal information with FirstBank, You may request your account and personal information deleted, Where you have concerns relating to the processing of your personal data by FirstBank, please notify us through. The deep blue colour represents momentum, innovation and evolution. The Bank was founded by Sir Alfred Jones, a shipping magnate from Liverpool, England. Copyright © 2020. [2].The Bank's profit before tax for the twelve months ending 31 December 2019 was approximately NGN70.8billion. He also has a range of other business interests in Nigeria. FirstBank is at the forefront in financing power projects and has provided over $220 million to part-finance the acquisition of both Generating Companies and Distribution Companies under the privatisation of the Power Sector by the Federal Government. The founder, Alfred Lewis Jones, was a shipping magnate who originally had a monopoly on importing silver currency into West Africa through his Elder Dempster shipping company. After three years of certification, FirstBank has successfully implemented the recertification of ISO/IEC 27001:2005 in 2013. These financial institutions ensure that your cash and valuables are safe from theft. This marks a renewed promise to all our stakeholders – a promise to continue to set the gold standard of value and excellence in financial solutions across Sub Saharan Africa. As the global operating environment evolves, FirstBank has kept pace, responding to the dynamic needs of its customers, investors, regulators, host communities, employees and other stakeholders. Access Bank plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. To promote financial inclusion and reach the unbanked and underbanked, FirstBank has an extensive Agent Banking network, with over 53,000 agent locations across Nigeria. In 1993, the Federal Government of Nigeria completely divested its ownership in the bank. The focus of the Bank in terms of international expansion remains the financial services markets in sub-Saharan Africa. Our new refreshed corporate identity retains the elephant and re-ignites this iconic symbol with a number of enhancements that accentuate a robust evolution relevant for today. The Bank’s Transaction and Private Banking strategic business unit (SBU) ensures the banking convenience of high net-worth customers, who require specialised banking services to cater for their peculiar needs. Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019. acquired the former Universal Trust Bank Plc and Broad Bank Limited. The Gazette - 03.25.2020. First Bank of Nigeria, a Nigerian bank with branches in Ghana, South Africa, Guinea, Gambia, Sierra Leone, DRC, UAE, United States, UK, France, China etc. First Bank of Nigeria Limited. At First Bank Nigeria Limited, we put you first and are thus committed to protecting and respecting you privacy. The market opportunity is evident in the fact that consumer spending, which is a major driver of domestic demand in developed economies, still constitutes a relatively lower percentage of GDP in Nigeria. This highly coveted award goes to the African bank that has demonstrated original and practical uses of technology to provide customer convenience, better and cheaper services, and greater access to the financial services industry in Africa. As the Bank grows its footprint locally and internationally, contributing positively to customers’ value chains, it hires personnel with the unique skill sets needed to fully leverage its operations. Thank you for your understanding. (1 registered, 1 total trademarks) At First Bank Nigeria Limited, we put you first and are thus committed to protecting and respecting you privacy. In 2012, the Bank changed its name again to First Bank of Nigeria Limited as part of a restructuring resulting in FBN Holdings Plc (“FBN Holdings”), having detached its commercial business from other businesses in the FirstBank Group, in compliance with new regulation by the Central Bank of Nigeria (CBN). We don’t ask for your personal information unless we need it to provide services for you. FirstBank has provided over $1 billion to part-finance acquisition of interests, as well as working capital for production to a number of OMLs; and an aggregate of about $500 million for construction and completion of Gas pipelines to Marginal Fields and Cement Plants. 2007 – Introduced Finnone credit administration software as the first bank in Africa to pioneer the service. First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. Consequently, its human capital management initiatives are geared towards providing necessary support to staff, departments, and the various business drivers to enable the Bank achieve its goals and objectives. 2011 – Launched the first biometric ATM and cash deposit ATM in Nigeria. It converted to a public company in 1970 and was listed on The Nigerian Stock Exchange (NSE) in 1971. If you are 18 years and above, kindly complete the form below. There are various types of bank accounts used to store money in Nigeria for safe-keeping and investment by different individuals, organizations, government agencies and so on. We live by our beliefs and consistently strive to Inspire Understanding, Drive Collaboration, and Build a Better Way to unify and strengthen our brand to delight all stakeholders. It had about 790 branches in 2012, serving countries such as Ghana, Nigeria, Sierra Leone, South Africa, and the UK. Furthermore, the Bank will persist in generating insightful initiatives to impact citizen-oriented national development through the FirstBank Impact Series and other development programmes. Our brand is therefore on a definitive mission to create a strong global presence in order to reinforce our position as the leading Sub Saharan banking services group. According to its founder, without a bank economies were reduced to using barter and a wide variety of mediums of exchange, leading to unsound practices. Kingsley Aigbokhaevbo Executive Director. FNB is one of the three major divisions of the First Rand Group, and the others being Rand Merchant Bank and Wesbank. There will be a scheduled upgrade on this platform between 1:30am & 4:00am on Tuesday, 14 November 2018. A key element of the Bank’s strategy is its continued focus on retail banking and consumer financing, gradually shifting towards a high yield diversified portfolio by aggressively targeting the middle class consumer market. 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