First Bank Restates Commitment To Economic Development


firstbankFirst Bank of Nigeria Limited has said it remained committed to national economic development.

In line with the commitment and as a demonstration of its support for ideas and innovation to tackle the security challenges in the country, the bank said it would partner with the Nigeria Police Force and others to host the 2015 National Security Summit.

A statement by the bank on Sunday said the summit, which had the theme ‘Community partnership approach to internal security and crime management’ would take place in Abuja on Monday (today).

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The statement explained that the summit was meant to serve as a platform to rally support for the Police and law enforcement agencies in the renewed drive by the presidency to tackle current national security challenges.

The event is expected to be attended by more than two hundred participants from traditional institutions, professional and corporate bodies and community-based organisations.

Opinion leaders, civil societies, non-state actors as well as strategic stakeholders in Nigeria are expected to participate as well.

The statement said President, Muhammadu Buhari; the Inspector General of Police, Solomon Arase; and the Sultan of Sokoto, Sa’ad Abubakar III, were among eminent Nigerians expected to deliver keynote addresses, and participate as discussants in the panel session at the summit.

The Executive Director, North, First Bank, Mr. Dauda Lawal, was quoted as saying that the bank was not oblivious of the present security challenges in the country.

About FirstBank

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, is Nigeria’s leading financial services institution by total assets and gross earnings and one of the largest corporate and retail banking financial institutions in sub-Saharan Africa (excluding South Africa). Since its establishment in 1894, the Bank has consistently built relationships with customers focusing on fundamentals of good corporate governance, strong liquidity, risk management and strong capitalization.

FirstBank operates an extensive distribution network with over 750 business locations (623 branches, 61 quick service points and 69 cash centers/agencies), over 2,464 ATM’s and over 9 million customer accounts.  The Bank provides a comprehensive range of financial services and has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DR Congo, FBNBank Ghana, International Commercial Bank (ICB) The Gambia, Guinea, Sierra-Leone and Senegal as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

FirstBank is the recipient of many awards. The Bank has been named “The Best Bank Brand in Nigeria” four times in a row – 2011, 2012, 2013, and 2014 – by the globally renowned “The Banker Magazine” of the Financial Times Group. FirstBank’s brand purpose is to always put its stakeholders, customers and partners at the heart of its business, even as it is poised to standardize customer experience and excellence in financial solutions across Sub Saharan Africa, in consonance with its brand vision “To be the partner of first choice in building your future”. The brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on the FirstBank’s inherent values of passion, partnership and people, to position its customers first in every respect.

For three consecutive years, 2012, 2013 and 2014, FirstBank was named the “Best Retail Bank in Nigeria” by the Asian Banker International Excellence in Retail Financial Services Awards. Other recent awards include the “Best Bank in Nigeria” in the Euromoney Awards for Excellence, “Best Bank in West Africa” and “Most Innovative Bank in Africa” in the African Banker Awards, “Best Bank in Nigeria” in the EMEA Finance African Banking Awards for the fourth time, “Best Foreign Exchange Services in Africa” in the EMEA Finance Treasury Services Awards, “Best Banking Group in Nigeria” by World Finance Banking Awards, and “Best Financial Reporting Company” by Africa Investor.