First Bank of Nigeria has been presented with the award of the Best Bank in Nigeria by Global Finance in its World’s Best Banks Award 2018 held on the sidelines of the World Bank/IMF Annual Meetings in Bali, Indonesia.
At the Awards, Zenith Bank emerged the Best Bank in Sierra Leone and Zenith Bank Ghana emerged the Best Bank in Ghana.
According to Global Finance:
“Winners in the World’s Best Banks Awards 2018 were selected based on performance over the past year as well as other criteria including reputation, management excellence, and leadership in digital transformation.
Banks that were singled out in the 14 global and seven regional categories expressed the goal of digitizing in order to improve the customer experience. And clearly, banks need to focus on how to build business and preserve relationships in an online environment.”
With some 14 million customer accounts, First Bank provides a comprehensive range of retail and corporate financial services with over 750 business locations. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.
Since its establishment in 1894, First Bank of Nigeria has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership.
For over 124 years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes.
DBS Bank emerged as Best Bank in the World in Global Finance’s World’s Best Banks 2018: the first institution from either Singapore or Asia as a whole to receive the top honor, and distinguished in large part through its efforts to make banking simpler and more efficient through technology.
