Business

FCMB secures Young Nigerians’ future from poverty

Nigeria’s leading lender, First City Monument Bank (FCMB), has redoubled efforts to ensure young Nigerians are free from poverty. This time, the bank invested in another round of financial literacy training for hundreds of secondary school students in seven states across the country. The training, which formed part of the activities organised in partnership with […]

Business

FCMB offers N3bn credit line to waste managers

First City Monument Bank (FCMB) has extended a N3 billion credit line to the Association of Waste Managers of Nigeria (AWAMN) to improve waste management in Lagos State. The credit line, facilitated by Lagos State Waste Management Agency (LAWMA), will boost the working capital of private sector participants (PSPs) in waste collection, aggregation and recycling. […]

Business

FCMB to uplift women entrepreneurs with $50m AfDB loan

Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care and renewable energy will have access to long term funding from First City Monument Bank (FCMB), courtesy of a $50 million credit facility from the African Development Bank (AfDB). The $50 million credit line will narrow the lending gap to underserved segments and […]

Business

FCMB restates commitment to sustainable environment

First City Monument Bank (FCMB) has reassured that it will continue to champion, execute and support initiatives that would enhance the ecosystem, as well as tackle some of the adverse effects of climate change and other challenges facing the environment. According to the bank, this is in recognition of the fact that a cleaner and […]

Business

FCMB unveils paperless, cardless transactions

Customers of First City Monument Bank (FCMB) can now seamlessly carry out an array of transactions with just their fingerprints and Bank Verification Numbers (BVNs). This followed the introduction of paperless transactions within the bank’s over 200 branches in Nigeria. With this innovation, customers no longer require deposit slips, withdrawal booklets, or cheque books to […]

Business

FCMB shares down six percent on first trading day of 2021

Shares belonging to First City Monument Bank (FCMB) posted losses in the early hours of trading on Monday, the first trading day of 2021. Data made available on the Nigerian Stock Exchange website showed that the bank’s shares lost 0.20k from the N3.33k it closed at on Thursday, December 31. This represents a loss of […]

Business

FCMB wins “Best SME Bank in Africa” award

First City Monument Bank (FCMB), a foremost financial services provider in Nigeria, has been voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment. A statement made available to New Telegraph said the bank won the prestigious award at the Asian Banker Middle East and […]

Business

Customer Week: FCMB celebrates team work, excellence

First City Monument Bank (FCMB) has restated its commitment to provide the very best of service delivery and value-added offerings that will consistently enhance the experience of its teeming customers at every touch point. The bank further assured that it would continue to leverage solid business models, highly professional staff, innovation, bespoke solutions and technology […]

Business

H1: FCMB Group records 26% rise in profit

FCMB Group Plc has again proved its resilience and capability to deliver outstanding performance and returns to customers and shareholders going by the half year results of the financial institution released recently. A statement made available to New Telegraph said for the six months ended June 30, 2020, the Group’s profit before tax (PBT) rose […]

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