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FBN Holdings Plc, a bank-led financial services group headquartered in Lagos, Nigeria, operates through three distinct business groups – Commercial Banking, Investment Banking, and Asset & Wealth Management. Established in 1988 as Fidelity Union Merchant Bank Limited and obtaining a commercial banking license in 1999, the group has evolved into a key player in the financial sector.
As per the latest financial report, the group achieved gross earnings of N217.3 billion in 2020, marking a 2.5% increase from the preceding year. Additionally, a profit after tax of N28.1 billion was recorded in 2020, reflecting a substantial 7.1% growth compared to 2019. The group attributes this positive performance to its resilient business model, commitment to digital innovation, and the steadfast loyalty demonstrated by its customer base.
BOARD OF DIRECTORS
Dr. Oba Otudeko, CFR - Group Chairman
UK Eke, MFR - Group Managing Director
Oye Hassan-Odukale, MFR - Non-Executive Director
Otunba (Mrs) ‘Debola Osibogun - Non Executive Director
Cecilia Akintomide, OON - Independent Non-Executive Director
Dr. Adesola Adeduntan - Non-Executive Director
Dr. Hamza Wuro Bokki - Non-Executive Director
Mr. Chidi Anya -Non-Executive Director
Mr. Omatseyin Ayida - Non-Executive Director
Samuel Asabia House 35 Marina, Lagos, Nigeria
PMB 5216 Lagos, Nigeria.
Phone: +234 1 9052326, +234 1 9052000
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Conventional banks have raised the bar in terms of loan accessibility in response to the demand for personal and business loans from their customers a...
For the first quarter of 2023 which ended March 31, FBN Holdings Plc has recorded a 53 per cent increase in profit. The Group posted a profit ...
First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and sub-Saharan Africa. The b...
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For the third quarter of 2022, FBN Holdings has recorded a profit after tax (PAT) of N91.2 billion. This represents a 123.6 per cent increase compa...
For the first half of 2022, ten commercial banks have spent about N81.92 billion on communications as well as Information Technology services The f...
First Bank has collaborated with Junior Achievement Nigeria for the 22nd National Company of the Year (NCOY) competition which will be conducted ...
