First Bank Nigeria Limited

First Bank of Nigeria Limited, the premier Banking service provider in West Africa, with its impact woven into the fabric of society is a well-diversified financial services group and the largest private-sector financial services provider in sub-Saharan Africa (excluding South Africa).

First Bank operates as a parent company in Nigeria, with subsidiaries, FBNBank across major West African countries, the United Kingdom, Paris and representative office in Beijing to capture trade-related business between geographies. 

The teeming customers of this financial service group are serviced from a network of over 700 business locations across Africa. To promote financial inclusion and reach the unbanked and under banked. It also has an extensive Agent Banking network, with more than 53,000 agent locations across Nigeria. The bank’s  customer accounts have grown from about 10 million in 2015 to over 36 million (including digital wallets) with over 11.8 million issued cards and over 18.6 million active customers.

As of May 2022, the Bank had assets totaling NGN8.3 trillion. Its profit before tax for the twelve months ending 31 December 2021 was approximately N130.9 billion

This leading financial services solutions provider was founded by Sir Alfred Jones some 128 years ago, making it Nigeria’s oldest bank and one of the oldest companies in West Africa. First Bank was converted to a public company in 1970 and was listed on The Nigerian Stock Exchange (NSE) the following year. However, as part of the implementation of the non-operating holding company structure, it was delisted from the NSE and replaced with FBN Holdings Plc.

FirstBank has been widely recognized with various awards, including “Best Bank Brand in Nigeria” for six years in a row – 2011 to 2016 – by The Banker magazine of the Financial Times. Best Bank in Nigeria” award by Global Finance Magazine 15 times.

The brand has consistently maintained a top 10 placement in the Nigeria’s annual top brands evaluation.