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FCMB Promotes Financial Inclusion, CSR

FCMB Promotes Financial Inclusion, CSR     First City Monument Bank (FCMB) has deepened its youth empowerment and development drive by opening a Flexx Hub, specially designed automated branches to cater for the banking needs of students on campuses at the Lagos State Polytechnic (LASPOTECH), Ikorodu. In addition,...

Fitch Revises Nigerian Banks’ Issuer Default Ratings Downward

Fitch Ratings has revised downward the Long-Term Issuer Default Ratings (IDRs) of First Bank of Nigeria Limited, FBN Holdings Plc (FBNH), Diamond Bank Plc, Fidelity Bank Plc, First City Monument Bank Limited (FCMB) and Union Bank of Nigeria Plc to ‘B-’ from ‘B’. The agency,...

Banks’ Profits Rise Despite Recession

Banks have defied the recession as they continued to post huge profits in their third quarter results. Ten out of 15 quoted banks on the Nigerian Stock Exchange have submitted their unaudited results as of September 2016 where five out of them recorded increases in...

CIBN accredits FCMB’s Training Academy

The First City Monument Bank’s Training Academy has been certified and granted full accreditation status by the Chartered Institute of Bankers of Nigeria (CIBN). This followed its compliance with best practices and other requirements set by the Institute. The CIBN certification came at the end...