First Bank bags Nigeria’s Best Private Bank and Best Retail Bank Awards

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In a press release sent to the Herald which was signed by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, First Bank, while recognising the bank’s commitment and leading role at providing bespoke financial services to its customers and the public in general, through its numerous state of the art and innovative financial products and services, First Bank of Nigeria Limited has been awarded the Best Private Bank and Best Retail Bank in Nigeria Awards respectively by World Finance Magazine and Global Banking and Finance Review.

Speaking on the Bank’s recognition for the Best Retail Bank in Nigeria award, Wanda Rich, Editor, Global Banking & Finance Review said

“With 125 years of continuous banking operations, First Bank of Nigeria Limited is a pioneer in retail banking development in Nigeria. The bank is dedicated to providing customers with value added products and services and as well as efficient and accessible banking services. Their commitment to retail banking is reflected in their strategic vision, organizational structure and strong risk management which contributed to their outstanding performance We look forward to seeing more from them for years to come.”

In a statement from the World Finance official website, the 2019 World Finance Banking Awards is organised to identify the banks across the world that have excelled across a number of areas, including corporate governance, sustainability and innovation, and have played a key role in the industry’s growth.

Appreciating the awards on behalf of the Bank, Dr Adesola Adeduntan, Chief Executive Officer, FirstBank said “these awards are dedicated to Nigerians, especially our customers for their patronage and trust in our services over the last 125 years. Indeed, the confidence reposed in us has spurred us to continually deliver the best wealth and financial management services to strengthen everyone’s contribution to national development. We are pleased to be the financial services gateway of first choice to everyone.”

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years. With some 15 million customer accounts, FirstBank provides a comprehensive range of retail and corporate financial services with over 750 business locations. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

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FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

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