Women entrepreneurs in Nigeria who desire affordable and convenient funding to boost their respective businesses, can now do so. This is because Women in Business at First City Monument Bank Limited (FCMB) are set to launch a proposition that offers zero-interest rate on loans to small and medium scale enterprises (SMEs). The development is in […]
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The First City Monument Bank (FCMB) has handed over a hostel it renovated and equipped with modern facilities to the Federal Nigeria Society for the Blind (FNSB) at its Vocational Training Centre (VTC) located at Oshodi, Lagos state. The bank said the move was part of its commitment to continually empower and impact lives in […]
Read More First City Monument Bank (FCMB) has rewarded of 2,576 customers with cash and various gifts at the end of the its reward scheme tagged “FCMB Millionaire Promo Season 5”. The promo, designed to reward and empower customers, ran from March to October this year with four regional and zonal draws, including the grand finale, on […]
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The Nigerian Stock Exchange has sanctioned eight banks with fines totalling ₦102.7 million for failing to file their financial statements at the regulatory date. The Exchange launched its new sanction regime for the delay in submission of companies’ results on January 1, 2018, saying companies might pay fines ranging from ₦100, 000 to more than […]
Read More Customers of First City Monument Bank, FCMB, and others who reside or run businesses in Mararaba-Karu, a satellite settlement town in Nasarawa State, neighbouring Abuja environs, including Nyanya, now have an opportunity to enjoy services offered by the bank. This was because the bank has opened an ultra-modern and full-service branch strategically located in the […]
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First City Monument Bank (FCMB) Limited is set to promote the Ojude Oba festival in a bid to sustain the country’s cultural heritage and boost tourism and its associated benefits. According to the bank, this will go a long way to educate and inspire future generations about the history of Nigeria, the people and values, […]
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Inspite of the financial improvement recorded by the First City Monument Bank Group, (FCMB Holdings Plc), reflected in its half year ended June 30th, 2018 financial results, the company’s bad loans otherwiswe known as non performing loans (NPLs), has risen from its previous position of ₦5.22 billion, to N6.16 billion presently. The results of the […]
Read More FCMB Group has recorded a Profit Before Tax, PBT, of ₦7.1 billion for the six-months, ended June 30, 2018, H1’18 representing and 86 percent increase from ₦3.8 billion achieved for the same period in 2017. The positive development reflects the improved performance of the financial institution, as well as effects of diversification through investments in […]
Read More First City Monument Bank (FCMB) has emphasized that Small and Medium Scale Enterprises, SMEs, have the capacity to drive and sustain the economic growth of the country. The bank disclosed this at a free training programme organized for SME owners and operators, in pursuit of its resolve to support and nurture SMEs to achieve growth […]
Read More FCMB Bank (UK) Limited has obtained a banking permission to expands its banking services to include personal and business banking services. The permission was granted by the Prudential Regulation Authority and became effective on the 8th of June 2018. According to a statement from the lender, based on the approval, FCMB Bank (UK) Limited is […]
Read More First City Monument Bank (FCMB), recently took another bold step to deepen its history of excellence and consolidate its position as one of the foremost financial institutions in Nigeria. The latest milestone came in the form of a new thematic campaign titled, ‘’Feel Confident, Pursue your Aspirations’’. The campaign, which showcases the warm, friendly, approachable, […]
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The Nigerian Stock Exchange (NSE) has sanctioned some banks along other listed companies on the exchange for failing to meet the deadline for the submission of their audited report and accounts for last year. The list of the affected listed companies indicated that FBN Holdings Plc – the holding company for First Bank of Nigeria […]
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