FCMB partners Ogun on affordable loans for home ownership

January 6, 2022 David Agba 0

Residents of Ogun state who desire to own homes now have an opportunity to do so, courtesy of FCMB Group Plc. The leading financial powerhouse has partnered with the State government to provide affordable mortgage loans to subscribers of low-cost schemes. First City Monument Bank (FCMB), the retail and commercial banking subsidiary of the Group, will disburse the loans. This Read More

Banks harvest N75.5bn from maintenance charges in 6 months

September 23, 2021 Segun Odunewu 0

Bank customers in Nigeria paid N75.5 billion as account maintenance charges between January and June of this year, which is an increase of 43 per cent over what was paid in the first half of last year, a study has revealed. According to the report, the bank’s half year financial statements showed that account maintenance fees paid by bank customers Read More

Leadership training’ll make female accountants excel – Edun

September 23, 2021 David Agba 0

A member of the Institute of Chartered Accountants of Nigeria (ICAN) and Managing Director of First City Monument Bank (FCMB), Mrs. Yemisi Edun, has called on the foremost professional accountancy body and its affiliates to prioritise leadership development programmes for female accountants. She made the call during the investiture of Mrs. Catherine Nnaji as the 10th President of the Society Read More

FCMB emerge Best SME Bank in Africa, Nigeria

September 6, 2021 Blueprint 0

Nigeria’s leading lender, First City Monument Bank (FCMB), has emerged as Best SME Bank in Africa and in Nigeria at the Asian Banker Middle East and Africa Regional Awards on the 27th of August 2021. The SME friendly bank beat all other Nigerian and African banks to win national and continental honours. It emerged as Best SME Bank in Africa Read More

Stock market gains N65bn

August 19, 2021 Amaka Ifeakandu 0

Trading activities on the floor of Nigerian Exchange (NGX) closed in positive trend on a high traded volume, gaining N65 billion. Specifically, Market Capitalisation of listed equities increased by 0.32 per cent to N20.668 trillion from N20.603 trillion reported the previous day. The NGX All Share Index also appreciated by 124.62 basis points to 39670.29 points from 39545.67 points reported Read More

SON validates FCMB’s ISO 9001 :2015 Certification

August 11, 2021 David Agba 0

For improved business processes and consistent delivery of quality products and services to customers, the Standards Organisation of Nigeria (SON) has validated First City Monument Bank’s (FCMB) ISO 9001: 2015 certification for Quality Management Systems (QMS). FCMB earned ISO 9001:2015 certification in 2018 for demonstrating excellence in governance, product development and delivery of services that meet customer and regulatory requirements. Read More

FCMB to provide long term funding to agribusinesses, healthcare, others

August 2, 2021 Segun Odunewu 0

First City Monument Bank (FCMB) is set to provide long term funding to women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy, courtesy of a $50m credit facility from the African Development Bank (AfDB). The $50 million which is expected to be to FCMB before the end of the year, will narrow the lending Read More