FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has announced the appointment of Mr. Kofo Majekodunmi to its Board of Directors as a Non-Executive Director and Chairman following Bank of Ghana’s approval.

 

Mr. Kofo Majekodunmi, currently the Managing Director of MBC Capital Limited, an issuing House and Investment Advisory Company in Nigeria, has over 30 years of experience in the Banking and Financial Services industry with vast knowledge in Issuing House functions and Corporate Financial Advisory. At one time, he was the Deputy Managing Director of MBC International Bank Plc. Thereafter, he was pioneer Executive Director of Asset Management at FBN Capital Limited. He was on the Board of Leadway Pensure PFA, a leading Pension Fund Administrator in Nigeria, a position he has held for 15 years, and from which he retired in August 2021.

 

Prior to his current role, he was Executive Director at MBC Securities Limited, from 2007 to 2011. At MBC, he oversaw the firm’s diversification into a suite of Non-Bank Financial Services (Advisory/Issuing House Services, Bureau De Change, Insurance Brokerage) which complements the Broker/Dealer business of MBC Securities Limited.

 

Mr. Majekodunmi was called to the Nigerian Bar in 1988 upon his graduation from The London School of Economics & Political Science where he obtained a degree in Law. He is a member of the Nigerian Economic Summit, the Institute of Directors and holds an MBA from the Lagos Business School (in association with the University of Navarra IESE, Spain).

 

Commenting on Kofo’s appointment, Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries, Dr. Adesola Adeduntan said, “Kofo’s appointment to the FBNBank Ghana Board is an indication of the First Bank Group’s commitment to support the Subsidiary in Ghana. With a strong team, we can look forward with assurance as we chart a new course in our determination to be a significant player in Ghana’s banking sector as we continue to offer them the gold standard of value and excellence. His extensive experience makes him a great addition and we are happy to have him on the FBNBank Ghana Board.”

 

Kofo joins FBNBank Ghana Board after 25 years of the Bank’s operations in the country which has seen it increasingly deepen its engagement with customers and other key stakeholder-groups.

 

Commenting on his appointment to the FBNBank Ghana Board, Kofo said, “I am looking forward to working with the other members of the FBNBank Ghana Board to guide the process of moving the Bank into a new age of leadership in the industry in Ghana. We are well primed for success and our people have passionately embraced the challenge, having just celebrated the Bank’s 25 anniversary in Ghana last year and utilising the opportunity to deepen engagement with multiple stakeholder-groups. I consider this to be an opportune time to be part of the FBNBank Ghana story which is unfolding with a strong indication of growth across all the relevant metrics. This great story is developing on the back of FBNBank offering to its stakeholders improved value by putting them at the heart of what the Bank does. This is certainly an exciting time to be associated with FBNBank Ghana.”

 

About FBNBank Ghana

FBNBank Ghana Limited is a member of the First Bank of Nigeria Limited Group. The Bank has 22 branches and 2 agencies in Ghana with almost 500 staff and offers universal banking services to individuals and businesses. FBNBank Ghana Limited has been in the business of banking for 26 years in Ghana and is part of the trade hub that has grown economies for over 127 years across Africa, Europe and China.

naugoknow
March 21st, 2022
Posted In: 2022 Press Releases

FBNBank has reaffirmed its commitment to support the economic aspirations of Ghana, promising to leverage the Bank’s parent company’s regional expertise and experience garnered over 127 years to deliver solutions to the country’s economic hot spots.

 

This was communicated by a delegation of the Bank led by the Managing Director/CEO of its parent Bank, FirstBank and Subsidiaries, Dr. Adesola Adeduntan in separate meetings with President Akufo-Addo and the Minister of Finance, Hon. Ken Ofori-Atta. In the meeting at the Jubilee House on Monday, Dr. Adeduntan, who was accompanied by Mr. Kofo Majekodunmi, Board Chairman, FBNBank Ghana, Mr. Ini Ebong, Executive Director, Treasury & International Banking, FirstBank, Oluwatosin Adewuyi, Executive Director, Corporate Banking, FirstBank, Mr. Victor Yaw Asante, MD/CEO, FBNBank Ghana and Ms. Rosie Ebe-Arthur, Non-Executive Director, FBNBank Ghana indicated that FBNBank Ghana is part of an African Bank that has roots in Nigeria is committed to playing its part as a good corporate citizen to support the development of the country’s economy.

 

On his part, President Akufo-Addo, welcomed the FBNBank delegation and charged them to work together with the government and people of Ghana to address some of the challenges the country is facing currently. According to the President, “the difficulties that all of us are going through now are nothing that we have to re-emphasize and reiterate. It is obvious, and the source of it is also something that all of us know. It has been different impacts on different economies and countries but the root causes of it are well known. They are matters that we have to also resolve together. I believe that at the end of the day, it is this cooperation across borders in our regions that will give us the strongest base in which to deal with the problems that have emerged in these last two years.”

 

In the meeting with the President was Mrs. Akosua Frema Osei-Opare, the Chief of Staff, Minister of State in Charge of Finance, Hon. Charles Adu Boahen and the Secretary to the President, Nana Bediatuo Asante, Executive Secretary to the President.

 

In the meeting at the Ministry of Finance, the Finance Minister, Hon. Ken Ofori-Atta touched on the current economic challenges facing the entire African continent in addition to issues like the banking sector clean up and the new resilience exhibited by Banks based on their performance as per their published 2021 results. He called on banks to take actions that would ultimately fuel the growth of the economy. He mentioned in particular the reduction of the interest rate and increased lending to SMEs.

 

The FBNBank delegation shared the Bank’s efforts and commitments with the Ministry of Finance team highlighting recent undertakings like the partnership with the Government for the YouStart Initiative to grow the country’s new crop of young entrepreneurs and also the support so provided for the African Continental Free Trade Area (AfCFTA).

 

The Finance Ministry team comprising of the Minister of Finance, Hon. Ken Ofori-Atta supported by Hon Charles Adu Boahen, Minister of State in charge of Finance, Simon Akligoh, Director of Financial Sector Division at the Ministry of Finance, Dr. Yaw Ansu, Chairman, National Development Bank Board expressed their appreciation for the bank’s support.

 

The Bank’s delegation to the Ministry of Finance was made up of Dr. Adesola Adeduntan, CEO, FirstBank and Subsidiaries, Mr. Ini Ebong, Executive Director, Treasury & International Banking, FirstBank, Oluwatosin Adewuyi, Executive Director, Corporate Banking, FirstBank Mr. Kofo Majekodunmi, Board Chairman, FBNBank Ghana, Mr. Victor Yaw Asante, MD/CEO, FBNBank Ghana and Mr. Semiu Lamidi, ED/CFO, FBNBank Ghana.

naugoknow
March 17th, 2022
Posted In: 2022 Press Releases

FBNBank has reaffirmed its commitment to support gender parity both at the workplace and outside it by ensuring that diversity, equity and inclusion receiving focus with the objective of eliminating the biases which undermine the progress of women.

 

This was communicated by the Bank as part of its celebration of this year’s International Women’s Day (IWD 2022) under the theme “Gender equality today for a sustainable tomorrow” and call-to-action, “#BreakTheBais”, at a forum organised by the FBNBank Women Network (FWN).

 

Delivering the welcome address, Grace Isaac-Aryee, the Chairperson of the FWN said, “for us at FBNBank, the celebration of International Women’s Day is the acknowledgement of the challenges that women face at the workplace and the society in general and our commitment to contribute in a very significant way to break down the barriers that so undermine us. Today’s event is key for our agenda and is a core part of our objectives and we are taking this opportunity to reflect, pause and renew our efforts in driving the agenda.”

 

Over the years, FBNBank has through its FWN, a platform driven an agenda of promoting access to equal opportunities for women at the workplace. The FWN offers female employees capacity building and personal development through its six pillars; Career Management, Network Programmes/Projects & Events, Counselling-Support-Welfare, Financial Planning & Empowerment, Mentoring-Coaching-Sponsoring and Personal Branding. In line with these, the FWN invited two guest speakers to share their experiences with the employees in order to help them build their capabilities.

 

Speaking on the topic, “How women can leverage the changing organisational culture and overcome what holds us back,” Isabel Boaten, Managing Partner at AB & David, advised the female employees of the Bank to take advantage of the growing empowerment culture for women in corporate organisations by responding positively to opportunities that come their way. She mentioned the need for competence, good knowledge of their industry and general professional environment in addition to being commercially aware and to have an entrepreneurial mindset as very important. She also advised the ladies to be “trustworthy, credible and visible.”

 

The second speaker, Akua Owusu-Nartey, Managing Director of Ogilvy Africa spoke on the topic, “Breaking the bias, changing the narrative.” Akua shared her experiences with the audience and stressed the need for the ladies to do away with biases which she explained were mostly founded on the personal experiences of other people. She explained that cultural and media stereotypes have played a key role in mounting barriers to the advancement of women and urged the ladies to focus on developing themselves in order to take advantage of opportunities available.

 

The Bank’s Managing Director, Victor Yaw Asante stated in the keynote address that, “What we need to focus on is doing away with discrimination against women anywhere it exists and embracing diversity, equity and inclusion. We want to work together with our women to forge a clear path to break the bias against them. We would create more opportunities in leadership roles. The truth of the matter is that this would not be handed on a silver platter but would be response to effort made in the right direction. Support and mentorship are key here. We can only try as much, so our ladies must also want it. You must do your part of the bargain and we would give you the necessary support. That is the commitment I make together with the whole executive management team.”

 

The activities under the event’s programme were rounded up with remarks from two female Non-Executive Directors of FBNBank, Ms. Rosie Ebe-Arthur and Mrs. Hannah Brenda Amoateng who both urged the ladies to position themselves favourably to be able to move on up in their careers. They advised those up the corporate ladder to be willing to help the other ladies in the lower rungs to climb up.  The attendees at the event were mostly the Bank’s female employees supported by executive and management staff.

 

FBNBank Ghana Limited is a member of the First Bank of Nigeria Limited Group. The Bank has 21 branches and 2 agencies in Ghana with almost 500 staff and offers universal banking services to individuals and businesses. FBNBank Ghana Limited has been in the business of banking for over 25 years in Ghana and is part of the trade hub that has grown economies for over 127 years across Africa, Europe and China.

naugoknow
March 11th, 2022
Posted In: 2022 Press Releases

28 September 2021, Accra – FBNBank Ghana has been adjudged “Best Bank of the Year” at the 2nd Ghana Credit Excellence Awards organised by the Chartered Institute of Credit Management Ghana and held in Accra under the theme “Leveraging AfCFTA to boost Ghana’s Socio-Economic Development – The Role of the Financial Services Sector.”

According to the citation for the award, “the Awards Planning Committee of the Chartered Institute of Credit Management Ghana recommended FBNBank Ghana’s nomination for the award of Best Bank of the Year. This award is in recognition of the immense contributions of FBNBank Ghana in upholding best standards in credit management, contribution to the socio-economic upkeep of the country; rendering employment to citizens in the banking and credit landscape; and offering impeccable organizational and portfolio services to your teeming clientele and to Ghana as a whole. On the strength of this achievement, the Institute is of the conviction that this spurs you on to soar higher in delivering tailored products and services to your customers and the entire credit market. Congratulations!”

Speaking at the event, the Executive Secretary of the Chartered Institute of Credit Management Ghana, Mr. Johannes Agyapong congratulated all the recipients and mentioned that the awards was meant to honour and reward organizations for displaying excellence in credit risk management in their operations. While reiterating that the Institute has been at the forefront of training individuals and organizations in the areas of credit management, risk and banking operations to enhance their performance, he entreated players in the financial services sector to pay attention to credit risk models and systems in this era.

Delivering his speech as the Special Guest Speaker, the Bank of Ghana’s Director of Banking Supervision, Mr. Osei Gyasi said, “the Chartered Institute of Credit Management, Ghana needs commendation for the good job over the years to promote the standard of professional competence in sound credit risk management in Ghana. It is instructive to note that credit risk constitutes 70 per cent of the Basel Pillar 1 risks in banking operations and the Bank of Ghana is therefore supportive of the Institute’s critical role in building capacity of the financial services sector in credit risk management.”

Speaking at the event after receiving the award, Semiu Lamidi, Executive Director and Chief Financial Officer of FBNBank said, “this award is the second to be presented to FBNBank in our milestone year and it is adequate proof of our dedication and contribution to the financial system in Ghana. This recognition is certainly a boost to the momentum we have gathered over the years and it shall propel us to higher heights in our efforts to offer the gold standard of excellence and value. We are very confident that we will continue to deliver on this commitment because we draw our strength from the First Bank of Nigeria’s trade hub that has grown economies for 127 years in Africa, Europe and China and for 25 years in Ghana.”

 

Commenting on the award, Victor Yaw Asante, FBNBank’s Managing Director and Chief Executive Officer, said, “We remain committed to delivering support to our customers and clients working with them to achieve the level of business performance they aim to attain. We take our role as a Bank seriously, recognizing the difference that we can make, not just in the activities of business entities but also, in the economy and within other communities. We do these because our brand promise enjoins us to put our customers first even as we deliver the gold standard of value and excellence. This is what differentiates us from the others and it is certainly what has won us recognition and acclaim from the Chartered Institute of Credit Management Ghana. This is a testament to all that we stand for and I dedicate it to our people who have continuously shown how passionate they are about what they do.”

 

FBNBank has in its 25 years of operating in Ghana remained focused on putting its customers and communities first. This, it has sought to do through the rich value and excellence of what the Bank contributes to the relationship with its stakeholders as a whole, particularly the customers. FBNBank Ghana is a member of the First Bank of Nigeria Limited Group which is renowned for its great customer service and general stakeholder engagement garnered over its 127 years of operation. FBNBank Ghana has 20 branches and two agencies across the country with over 400 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

From left to right: Semiu Lamidi, ED/CFO and Sharon Bansa, Head, Retail Marketing receiving the award and citation from Mr. Osei Gyasi, Head, Banking Supervision Department of the Bank of Ghana

 

naugoknow
February 1st, 2022
Posted In: 2021 Press Releases

13 August 2021 – FBNBank has been recognised as the “Outstanding SME Bank of the Year” at this year’s Ghana Business Standard Awards held at the Movenpick Ambassador Hotel in Accra last Friday.

 

The Ghana Business Standard Awards which were instituted three years ago by KN Unique Communications aims to promote and celebrate the outstanding achievements of organizations, acknowledge industry leaders turning strategy into action as well as businesses chalking undisputable success across the Ghanaian business region. The theme for the awards was, “Celebrating Companies and Individuals Committed to Remarkable Business Standards.”

 

The award which was presented by Patrick Nana Asiedu, Awarding Board Member, was received on behalf of FBNBank by Semiu Lamidi, Executive Director & Chief Financial Officer and Mohammed Ozamah, Executive Director & Chief Risk Officer supported by William Amon Neequaye, Head of Commercial Banking and Enoch Vanderpuye, Country Team Lead, Marketing & Corporate Communications.

 

Speaking at the awards ceremony, Semiu Lamidi of FBNBank, said, “We are delighted by the recognition. This is yet another testament of our contribution so far in the financial sector, particularly the SME space. This will serve as a great boost to our efforts even as we strengthen our position in our 25th anniversary year to be able to deliver greater value. The current opportunities offered by AfCFTA, trade with the European Union, the US and other bilateral partners require that we position our SMEs to effectively maximise the benefits available. We have over the years supported our SMEs and we remain passionately committed in working with them to achieve success and also to inject growth into Ghana’s economy. Our responsibility here is underpinned by our Brand Promise which enjoins us to offer the “ultimate gold standard for value and excellence” to our clients and customers.”

 

The award comes in a milestone year for FBNBank which has witnessed a renewed commitment in its very first month by the Bank to remain SME-focused. To deliver on this commitment, FBNBank draws from being a part of a trade hub that has grown economies for 127 years in Africa, Europe and China and for 25 years in Ghana.

 

Commenting on the award, Victor Yaw Asante, Managing Director and Chief Executive Officer, FBNBank said, “Since 1996, when we commenced operations in Ghana, our focus has not shifted from SMEs. At the beginning of 2021, which also happens to be our 25th anniversary year, we reaffirmed our commitment to this sector when we announced our anniversary celebrations. Over these years, FBNBank has provided an exciting range of support including a sector-specific-array of financial products and services, capacity-building and thought-leadership, to the SME segment of Ghana’s economy and our support did not wane during the height of the COVID-19 pandemic. For us it is an unwavering commitment to SMEs and it is exciting to see that it is not just paying off by way of the contribution to Ghana’s economy but also that we are being recognised for it. This should serve as a motivator for our team who relentlessly and passionately drive the SME agenda. I personally dedicate this award to them. They have shown that they have, as always, lived the FBNBank brand by putting the SME clients first.”

 

FBNBank Ghana has since 1996, in line with the agenda of its 127-year-old parent company, First Bank of Nigeria Limited, supported SMEs in several sectors including manufacturing, export and import. This, it has sought to do through the rich value and excellence of what the Bank contributes to the relationship with its clients. FBNBank Ghana has 20 branches and two agencies across the country with almost 500 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

 

– END –

naugoknow
February 1st, 2022
Posted In: 2021 Press Releases

Accra, 26 January 2022 – FBNBank has officially commissioned its new Atomic Junction Branch at a short but colourful ceremony which brought to the fore, the Bank’s commitment to continuously contribute to Ghana’s economy, highlighting its agenda and focus, particularly in 2022.

 

The FBNBank Atomic Junction Branch, sited on the main Haatso – Atomic Road, is located opposite the Palace Shopping Centre and is a specially designed touchpoint which will offer retail, commercial and premium banking services to its customers and clients in the near-by suburbs of University of Ghana, Madina, North Legon, Atomic, Haatso and Agbogba. The new branch, which is the 21st in FBNBank’s branch network, is expected to attend to the needs of Small and Medium Enterprises (SMEs), retail customers and also the growing youth population within the catchment area.

 

The ceremony attracted clients, customers, staff and several key personalities. It included a tour of the branch which offered the invitees a firsthand opportunity to appreciate the ergonomic design of the interior and the enhanced customer interaction and experience features. The branch has a Premium Lounge available for customers who have signed up for the service. SME clients will also receive special attention owing to the presence of a team on stand-by to attend to their needs.

 

Delivering the keynote address, Rosie Ebe-Arthur, Non-Executive Director of FBNBank Ghana, said “FBNBank, being conscious of the role of banks in the economic development of this country has chosen to make a difference through its offerings and propositions on the platform of keeping its customers and all stakeholders at the heart of what it does. The Bank has subsequently positioned itself strategically as the go-to partner for SMEs and also for trade generally. This year, FBNBank has added the Youth to its agenda. All these are possible because the Bank leverages the support of its parent, First Bank of Nigeria which has garnered over 127 years of extensive and successful engagement over several generations with the people of Nigeria and sub-Saharan Africa.”

 

Rosie Ebe-Arthur added that, “to deliver on its agenda and also remain relevant in the realisation of the economic agenda of Ghana, FBNBank has over the past years grown its network, which currently features an exciting variety of customer touchpoints. These include the usual brick and mortar branches, ATMs, digital channels and third-party options like agent banking.”

 

Also present at the FBNBank Atomic Junction branch commissioning were Municipal Chief Executive of Ayawaso West Municipal Assembly, Hon. Sandra Owusu-Ahenkorah, Non-Executive Directors of FBNBank Ghana, Ms. Rosie Ebe-Arthur and Mrs. Hannah Brenda Amoateng, Lead Pastor, Cedar Mountain Chapel, Assemblies of God International, Reverend Dr. Stephen Wengam, Imam, Madina Central Mosque, Sheikh Salman Mohamed Alhassan and the host, Mr. Victor Yaw Asante, Managing Director and Chief Executive of FBNBank Ghana.

 

Earlier, Mr. Asante, in delivering the Welcome Address said, “the presence of this branch here therefore strategically places FBNBank in one of the most ideal locations to be able to attend to the banking needs of two of our key customer segments: SMEs and retail. Over the last few years, we have seen a number of businesses established here to meet the growing needs of the fast-growing population. Quite a number of these businesses happen to be SMEs. In addition to this, this enclave accommodates several tertiary institutions with their huge young population not to mention the numerous residents in the suburbs around here. This creates a hotspot for the offering of our gold standard of excellence and value. This is an exciting mix for us as a Bank for which reason we have set up here to be able to attend to their needs.”

 

In the past five years, FBNBank has improved on its offering by introducing several unique products aimed at SMEs and retail customers in particular. These include the FBN First Trader Solution, the FBNBank Temporary Overdraft, FBNBank Auto Loan and the FBNBank Personal Loan. The Bank has within the same period opened new branches at Osu, Tip Toe Lane, a second branch on the Spintex Road and Ring Road Central. Branches like Tema and Kaneshie have be refurbished and recommissioned, offering an improved interaction and experience for customers and clients. All these have been augmented with a variety of digital channels which together deliver more convenience to customers and clients.

 

FBNBank Ghana is a member of the First Bank of Nigeria Limited Group which is renowned for its great customer service and general stakeholder engagement garnered over its 127 years of operation. FBNBank Ghana has 21 branches and two agencies across the country with almost 500 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

 

– END –

naugoknow
February 1st, 2022
Posted In: 2022 Press Releases

Accra, 15 January 2022 – FBNBank has reaffirmed its approach to service with a promise to offer the best service yet to its customers this year. The Bank got its staff to undertake two Health Walk events in Accra and Kumasi, and used the occasion to set the tone for what is expected to be a great year of service and partnership to the Bank’s stakeholder-groups especially customers and clients.

 

The Health Walk which was held simultaneously in Accra and Kumasi over a distance of 14 kilometres had staff, customers and clients participating. In Accra the walk started from the Bank’s yet-to-be commissioned Madina-Atomic branch near the Atomic Junction and ended at the FBNBank head office on the Liberation Road. In Kumasi the walk began from the Bank’s Adum Branch and terminated at the Suame Branch.

 

Speaking to participants at the end of the Health Walk in Accra, FBNBank’s Managing Director, Victor Yaw Asante said, “Last year, 2021, was our 25th anniversary year and we celebrated it with a renewed sense of service to our stakeholders via several touchpoints and ensuring that we continue to put them at the heart of what we do. 2022 holds a lot of promise for us as a Bank and also as individuals. Being the year that comes after our 25th anniversary celebration, we have a lot to do to keep the momentum up. We have made gains which we must build upon. It was good to see how everyone made the effort to join and complete the walk today. It shows strongly that we are ready and willing to set in motion our agenda for 2022. This year must be the year where we deliver the most value to our stakeholders; our clients and customers especially. We remain committed to putting them at the heart of what we do, delivering the gold standard of value and excellence to them at all our touchpoints.” He added that “we cannot do what we set out to achieve without acknowledging the challenges we would face. Aside of being an activity for us to bond, this walk is also a symbolic event that says we are ready to do even better in 2022.

 

Mr. Asante touched on the need for staff to stay healthy and be competition-ready, the need to be resilient and also the need to work together always as the three lessons staff should pick from the walk activity. He used these three points to convey his expectations of the staff with respect to the Bank’s 2022 agenda. “All these are required ingredients for the expected performance in 2022. We need to stay healthy, strong, resilient and be able to work as a team to achieve our 2022 objectives. There shall certainly be challenges. However, our resilience and focus should see us through,” he added.

 

The participants were treated to refreshments and good music from Samini who is also the Bank’s Digital Products Ambassador. The Kumasi event was led by the Area Manager for Northern Ghana, Mr. Philip Afari who addressed the participants after the walk.

 

FBNBank Ghana has in its over 25 years of operating in Ghana remained focused on putting its customers, staff and other stakeholders first. This, it has sought to do through the value and excellence of what the Bank contributes to the relationship with its stakeholders, particularly the customers. The Bank is a member of the First Bank of Nigeria Limited Group which is renowned for its great customer service and general stakeholder engagement garnered over its 127 years of operation. FBNBank Ghana has 21 branches and two agencies across the country with close to 500 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

 

– END –

naugoknow
February 1st, 2022
Posted In: 2022 Press Releases

FBNBank has announced the roll-out of its 25th anniversary advertising campaign which highlights its brand’s differentiators and shows appreciation to stakeholders for embracing the Bank’s brand while it encourages potential customers to enjoy its offerings by making it their preferred financial institution.

 

Established in 1996 in Ghana, FBNBank has drawn from the 127 years of a long-established tradition of its parent bank, First Bank of Nigeria, which is renowned for its exemplary stakeholder engagement nurtured over several generations of operations across an international network with footprints in Sub Saharan Africa, Europe and Asia.

 

Through this campaign, FBNBank intends to deepen its engagement with potential customers and clients by offering them the opportunity to benefit from its numerous propositions aimed at delivering the gold standard of value and excellence.

 

Commenting on the campaign, FBNBank’s Managing Director and Chief Executive Officer, Victor Yaw Asante, said, “our commitment to our customers is our main driving force and it is communicated through our brand promise which enjoins us to put our customers first in all that we do. Over the years we have delivered on this in several ways ensuring that we keep the momentum without let up. This and the benefits which we offer our customers by way of our gold standard of value and excellence are two of the main differentiators of our brand. These are what we continue to offer to our stakeholders especially our customers. It is also what we are inviting potential customers and clients to enjoy for which reason we are encouraging them to switch to FBNBank. We are committed to nurturing relationships built on the service pillars of convenience, passion and partnership with our people as the dedicated drivers to ensure that the relationships attain the desired levels of acceptance, security and confidence for our customers and clients. Our doors remain open and we are ready to woo and serve anyone who comes across the threshold.”

 

Over its 25 years of operations in Ghana, FBNBank has built a solid reputation from supporting Small and Medium Enterprises (SMEs) ensuring that they remain viable contributors to Ghana’s economy. The Bank’s commitment to SMEs has been unwavering with particular reference to the support FBNBank gave SMEs during the peak of the COVID-19 pandemic in Ghana. This and several efforts have not gone unacknowledged. Quite recently the Bank was recognised by the Ghana Business Standard Awards as the “Outstanding SME Bank of the Year” for their contribution to the sector.

 

In very recent times, FBNBank has invested in strengthening its offering to customers by securing both the ISO 27001:2013 and PCI DSS certifications. Through the PCI DSS certification, the Bank has improved its information security management thereby assuring customers of safer and secure transaction processes with its payment cards. The ISO certification, on the other hand, confirms that FBNBank Ghana has attained the required level of security, which attests to the Bank’s capability and capacity, to stay on top of data security risks. With these developments and several others like the establishment of a Contact Centre, FBNBank is offering greater convenience to its customers with the added benefit of security across several channels especially the technological platforms.

 

FBNBank Ghana is a member of the First Bank of Nigeria Limited Group which is renowned for its great customer service and general stakeholder engagement garnered over its 127 years of operation. FBNBank Ghana has 20 branches and two agencies across the country with over 400 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

naugoknow
November 16th, 2021
Posted In: 2021 Press Releases

The President, Nana Akufo-Addo has acknowledged the efforts of FBNBank Ghana towards the growth of the economy and has commended the Bank and its staff for their contribution over the past years.

 

In a keynote address read on his behalf by the Deputy Minister of Finance, John Kumah at the FBNBank@25 Gala Dinner to commemorate the Bank’s   25th anniversary in Ghana, the President said, “I have followed the growth of FBNBank over the years and this celebration should be an exciting moment for all those who have been involved in bringing the Bank to its present state. You have been an integral part of the growth of the Ghanaian economy and tonight I say “Ayekoo” to the management and staff of the bank for this remarkable feat. Having evolved from the status of “a small Nigerian bank” some 127 years ago into an African leader and a bank of choice, FirstBank has become an industry leader in innovation, financial inclusion and SME banking. The results of these innovative interventions are well demonstrated in the many awards of recognition received by the Bank over the last few years.”

 

The President urged the bank to develop easily accessible products for young entrepreneurs in order to help change the narrative of our teeming youth being jobless with the attendant risks of being the source of social problems. “As the Bank celebrates 25 years of existence, I urge you to focus your attention also on the design of financial products for Ghanaian youth engaged in entrepreneurship. We are told some 70 percent of our population is aged 35 years or younger. This so-called youth batch provides immense opportunities for rapid development. Fortunately for us, our flagship Free Senior High School policy and Technical and Vocational Education Training (TVET) programmes, have increased access to education. It is time to turn our demography and investment in education into a powerful economic driving force rather than a potential source of social and political unrest. We are creating conditions for entrepreneurs to thrive and for the private sector to grow and expand and create jobs, particularly for the youth.”

 

According to the President, this would be possible if banks in Ghana take another look at their high lending rates and join hands with government to support the efforts of young entrepreneurs. “We need to work together to find an enduring solution to this problem. Government is working hard through the introduction of new policies to enhance the credit delivery system’, he said.

 

The FBNBank@25 Gala Dinner provided an opportunity for the Bank to engage its stakeholders and to recognise the efforts and contribution of customer, clients and staff who have been with the Bank since its inception 25 years ago. Present were customers, clients and other stakeholders of the Bank including a delegation from FBNBank’s parent company, First Bank of Nigeria led by the Chief Executive Officer of FirstBank and Subsidiaries, Dr. Adesola Adeduntan. Also present were the Nigerian High Commissioner, Admiral Ibok Ekwe Ibas (rtd), the Second Deputy Governor of Bank of Ghana, Mrs. Elsie Addo Awadzi, the Chief Executive Officer of the Ghana Investment Promotion Centre, Yoofi Grant, the Head of Banking Supervision Department of Bank of Ghana, Osei Gyasi, the President of the Ghana Association of Bankers and Managing Director of Standard Chartered Bank, Mrs. Mansa Nettey, Chief Executive of the Ghana Association of Bankers, Mr. John Awuah and several Managing Directors of some of Ghana’s banks and business entities.

 

FBNBank Ghana is a member of the First Bank of Nigeria Limited Group which is renowned for its great customer service and general stakeholder engagement garnered over its 127 years of operation. FBNBank Ghana has 20 branches and two agencies across the country with over 400 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

naugoknow
November 1st, 2021
Posted In: 2021 Press Releases

The Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries, the parent company of FBNBank Ghana, Dr. Adesola Adeduntan, has stated that banking remains a game-changer for countries like Ghana and Nigeria, for the facilitation of socio-economic development and bringing people together.

 

Delivering his address at the FBNBank@25 Gala Dinner held in commemoration of the 25th anniversary celebrations of FBNBank Ghana, Dr. Adeduntan indicated that “banking has remained a game changer for West Africa since the 1890s when it was introduced into the sub-region.  Through the introduction of banking we have enjoyed benefits like the monetization of our economies, improved trade, socio-economic development and the bridging of the gap between people and cultures. We are told of the support thriving businesses like Elder Dempster, A. G. Leventis, U.A.C. and others enjoyed from the banks of those days and how the introduction of formal businesses generated momentum in the socio-economic development of the then colonial territories which have become our countries now.”

 

Dr. Adeduntan mentioned that the late 1890s also witnessed the birth of the First Bank of Nigeria, adding that “for over 127 years, the First Bank of Nigeria has remained committed to this role, ensuring responsible support through generations to the growth of economies and businesses.” He explained that in line with the same enterprising spirit with which First Bank committed itself over generations to support the growth of economies and businesses, the Bank migrated its business to Ghana to set up FBNBank Ghana. According to Dr. Adeduntan, “working together with our stakeholders like the government, regulators and people of Ghana, we aim to leverage our experience and capabilities to become a major player in this country (Ghana). I am happy to say, our team in Ghana is capable and passionate about seeing this through and we from the parent company are ready to support.”

 

He revealed that since taking over from the erstwhile International Commercial Bank in Ghana, FBNBank Ghana with the full support of First Bank of Nigeria has focused on delivering sustainable support to key sectors of Ghana’s economy with a dedicated focus on SMEs. He noted that FBNBank’s support continued throughout the peak period of the COVID-19 pandemic, ensuring that critical supply lines remained open.

 

Thanking the key stakeholders, including His Excellency the President Akufo-Addo, the government and people of Ghana, the Bank of Ghana and other regulators and also customers and clients of FBNBank Ghana, the Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries pledged their commitment to contributing significantly to Ghana through staking a stronger claim to becoming a major player in the country’s financial sector. He added “I would like to reemphasize that our commitment to Ghana is absolute as shown by our actions during the recent recapitalisation of banks in Ghana. FBNBank is ready and capable of going the long haul with Ghana just as First Bank has done in Nigeria.”

 

FBNBank Ghana announced its 25th anniversary celebrations in January this year and has since rolled out a host of activities in commemoration of the significant milestone including the National Trade Forum, a Golf Tournament, Customer and Client Engagement events, a Corporate Responsibility & Sustainability Week and several staff events. The FBNBank@ 25 Gala Dinner was a key activity for engaging relevant stakeholders like government, regulators, customer, clients and staff of the Bank and to celebrate the successes of the last 25 years with the aim of positioning the Bank for the next significant milestone year.

 

Present at the event was the Honourable Deputy Minister of Finance, John Kumah who represented His Excellency President Akufo-Addo, Mrs. Elsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana, Ambassador Admiral Ibok, the Nigerian High Commissioner to Ghana, Mr. Yoofi Grant, Chief Executive of the Ghana Investment Promotion Council, Mrs. Mansa Nettey, the President of the Ghana Association of Banks and Managing Director of Standard Chartered Bank, Mr. John Awuah, Chief Executive of the Ghana Association of Banks and several Managing Directors of some of Ghana’s banks.

 

FBNBank has in its 25 years of operating in Ghana remained focused on putting its stakeholders first. This, it has sought to do through the rich value and excellence of what the Bank contributes to the relationship with its stakeholders as a whole, particularly the customers. FBNBank Ghana is a member of the First Bank of Nigeria Limited Group which is renowned for its great customer service and general stakeholder engagement garnered over its 127 years of operation. FBNBank Ghana has 20 branches and two agencies across the country with over 400 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

naugoknow
October 29th, 2021
Posted In: 2021 Press Releases
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