First Bank of Nigeria Limited received numerous awards last year in appreciation of its performance in the financial service industry, a development which has re-assured the bank’s customers of its unmarred relevance for over a century services.
FBN was named the ‘Most Valuable Bank Brand in Nigeria’ for the sixth time by The Banker Magazine of the Financial Times Group.
The bank has been achieving this feat since 2011 and was said to be in recognition of its steady transformation, increased brand value and excellent service delivery through several years.
The bank was also named the ‘Best Bank in Nigeria’ by Global Finance Magazine for the 13th time in recognition of the bank’s consistent leadership in enterprise and innovative banking in Nigeria and beyond. The Global Finance Magazine also recognised the bank as ‘digital bank of distinction in Nigeria’ for the second time, the bank said in a statement.
FBN was also reconfirmed as the ‘Best retail bank in Nigeria’ for the sixth time in a row by the Asian Banker. This award was earned based on the bank’s cross services and outstanding performance in Nigeria’s retail market.
FBN was also acknowledged as the ‘Best bank in SME banking in Nigeria 2017’ by BusinessDay Media Limited based on the bank’s unflinching support for small and medium scale enterprises, thereby reaffirming the bank’s position as the number one SME bank in Nigeria.
Apart from that, following its consistent rational manifestation of excellence in the retail banking industry, FBN also won ‘Excellence in retail banking’ awarded by New Age Banking awards. The bank through 124 years of service has continued to grow the SME sector to build sustainable businesses and facilitate economic development.
It was also recognized and celebrated as the first financial institution in Nigeria and the second bank in Africa to issue 10 million payment cards to customers across the country. In addition, the Bank won three Interswitch awards in electronic payment as the bank with the fastest mobile penetration in Nigeria.