March 1, 2018
By Paschal Ijeh InvestAdvocate
Lagos (INVESTADVOCATE)-Nigeria’s oldest lender, First Bank Nigeria Limited on Friday hoisted its 125th Anniversary Flag in Lagos and has thus far processed 20 percent of Nigeria’s financial services transactions, according to Adesola Adeduntan, the chief executive officer (CEO) of the Bank.
Adeduntan said the lender would maintain its commitment to the development and growth of Nigeria as well as the financial industry through enhanced service delivery, ” as a financial institution, FirstBank has supported the economic development of Nigeria,’ he said.
“From that very modest beginning in 1894, First Bank has traversed an incredible journey of delivering impeccable financial services to its customers and supporting the building of the modern-day Nigeria and indeed, West Africa, including our early pivotal role as the monetary and fiscal policy regulator for the entire West African region,” the FirstBank CEO added.
According to him, FirstBank has offered its customers world class financial services and would remain committed to that direction in the future “and by marking the 125th anniversary, the bank was taking a unique posture which will afford it the opportunity to constantly innovate and reinvent itself,” Adeduntan said.
He stated that by marking the 125th anniversary, the oldest Nigerian lender was taking a unique posture which will afford it the opportunity to constantly innovate and reinvent itself.
The FirstBank CEO said Bank has the highest spread of branches across the 774 Local Governments in Nigeria with the largest Automated Teller Machine (ATM) network and 13,000 agent bankers driving banking services and deepening financial inclusion in the country.
On her part, Ibukun Awosika, chairman of FirstBank at a media parley said the bank has contributed immensely in facilitating the growth of businesses across the country, in the past 125 years.
While Oba Otudeko, chairman of FBN Holdings in his opening speech said FirstBank has in 125 years, impacted Nigeria’s economy driving financial inclusion.
