FBNBank Ghana has introduced Emmanuel Andrew Samini, an award winning Reggae and Dancehall recording artiste, songwriter and performer as ambassador of its quick banking *894# product. The unveiling of the bank’s multiple award winning product ambassador took place at the bank’s launch of its new Ring Road Central branch.

The award winning musician put up an attention-grabbing live performance of the bank’s *894# product jingle and some of his musical works to climax a colourful commissioning of the bank’s Ring Road Central branch and the launch of the Premium Banking service. The event was graced by the 2nd Deputy Governor of the Bank of Ghana, Mrs. Elsie Ado Awadzie and included the Gbese Mantse & Adonten of the Ga State, Nii Ayi Bonte II, Chief of Naval Staff, Rear Admiral Seth Amoama, Chief of Army Staff, Major General Oppong Peprah, Air Vice Marshall Frederick Asare Bekoe, Air Officer, Special Duties, Jubilee House, President of the Ghana Bar Association, Lawyer Tony Forson Jnr., Mr. Osei Gyasi, Head, Banking Supervision Department, Bank of Ghana.

Samini, who had been away for a period because of COVID-19 travel restrictions expressed delight to be back home and was excited at his collaboration with FBNBank Ghana. He gave the assurance that customers should expect a winning outcome from the collaboration between FBNBank Ghana and him.

 

Victor Yaw Asante, FBNBank Ghana MD and Emmanuel Andrew Samini, *894# Product Ambassador

fbadmin
March 10th, 2021
Posted In: 2020 Press Releases

As part of the strategy to broaden the opportunities and access to financial services for the unbanked and underbanked segment of our society, FBNBank Ghana has launched the Agent Banking channel.

Speaking at the launch of the FBN Agent Banking channel, Victor Yaw Asante, Managing Director of FBNBank Ghana said the bank has leveraged new and evolving technologies to provide access and bring affordable and convenient financial services closer to customers through a network of agents.

Mr. Asante expressed the concern that lack of access and usage of financial services by a significant portion of the population hinder their ability to contribute to the economy as they may not able to attract capital or secure credit for production and/or consumption purposes.

According to the FBNBank Ghana Managing Director, this highlights the need for financial inclusion as a socio-economic development tool. He said financial inclusion has emerged strongly as a current issue among policymakers, development partners and the private sector, all of who recognise it as an enabler for attaining the United Nation’s Sustainable Development Goals (SDGs).

Mr. Asante noted that the bank will work with its network of agents to present a convenient and comfortable alternative for customers that require simple and easy to use digital channels across the country.

“Our agent banking project will go along with continuous innovation and a roll out of new and improved electronic ways that will allow many users to carry out several transactions within their communities at FBNBank Agent locations” the FBNBank Ghana MD said.

He was optimistic that FBNBank Ghana will leverage on the experience and knowledge of its parent, First Bank of Nigeria Limited that had grown its agent banking model, Firstmonie, launched in 2017, with the indirect creation of over 150,000 jobs through its over 53,000 Firstmonie Agents to meet the needs of customers.

Welcoming guests to the launch of the FBNBank Agent network, the bank’s Country Head for Technology & Services, Mrs. Rachel Adeshina remarked that “the FBNBank Ghana Agents are positioned within the Accra-Tema metropolis and other locations around the bank’s branches to provide basic financial services such as account opening, cash deposit, cash withdrawals, funds transfer and much more to customers.” She added that “through this channel, the bank is committed to providing convenient services that endear trust, provide ease of access to financial products, thereby saving time and travel cost.”

Victor Yaw Asante, FBNBank Ghana Managing Director speaking at the launch of FBN Agent Banking

 

 

fbadmin
March 10th, 2021
Posted In: 2020 Press Releases

FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited has relaunched its Ring Road Central branch, located opposite Meridian House.

With the bank’s you first customer proposition, the opening of the ultra-modern Ring Road Central branch forms part of FBNBank Ghana’s strategy to bring financial services closer than ever to its customers to make products and services available to all who bank with the bank. It is in recognition of the fact that as a bank, there should also be comfortable and convenient touch points for clients who occasionally need to physically interact with the bank to be able to do so at a place such as the ultra-modern Ring Road Central branch.

Welcoming guests to the event, the FBNBank Ghana Managing Director, Victor Yaw Asante announced the introduction of the bank’s Premium Banking service, which he revealed would be available at the Ring Road Central, Airport and Kaneshie branches. According to Mr. Asante, “FBNBank Premium Banking is an invitation only banking experience that allows us to provide dedicated service to our discerning High-Value customers who desire a complete range of personalized, differentiated banking products and services designed to provide absolute convenience and relevance to them.”

He disclosed that there is a range of benefits available to FBNBank Premium Banking customers both locally and when they travel across the six Sub Saharan African countries where its parent, First Bank of Nigeria Limited had subsidiaries as well as in the United Kingdom and France.

The FBNBank Ghana MD recounted the brand’s depth of experience and sound financial knowledge spanning 126 years which “makes us constantly interact with customers to understand their needs. Based on this understanding, we have provided tailored products and services to suit these needs in our quest to seek relevant ways of growing our customers, ourselves and our business. It is as a result of this that our brand has become a constant financial partner to our customers.”

Mr. Asante stated that FBNBank Ghana is pursuing a digital agenda, which leverages new and evolving technologies, to facilitate access to everyday financial services for consumers and businesses. This, he indicated, culminated in the opportunity presented to the bank’s customers to make real time financial transactions using *894# Quick Banking, FBNMobile, Online Banking and Agent Banking.

While revealing that FBNBank Ghana will turn 25 years in Ghana in 2021, the Managing Director noted that “the bank will continue to strive to endear the FBNBank Ghana brand to our customers through delivery of excellent financial services that meet the needs of the bank’s customers.”

The second Deputy Governor of the Bank of Ghana (BoG), Mrs. Elsie Addo Awadzi, who was the Special Guest of Honour at the event congratulated the management and staff of the bank on this milestone. She noted that “since FBNBank’s entry into the Ghanaian banking space in 2013 through the acquisition of International Commercial Bank (ICB), the bank has consistently increased its foothold in the industry, as well as its impact on the economy. I commend the board for its oversight role and its commitment to growing the business of the bank in a sustainable and sound manner riding on the back of strong financial performance and customer satisfaction.” She said the opening of the branch in the midst of the COVID-19 pandemic, which had increased the operational cost of the bank across the country was a demonstration of FBNBank’s commitment to be actively supportive of the customers and the country’s development.

About FBNBank Ghana

FBNBank Ghana Limited is a member of First Bank of Nigeria Limited Group. FBNBank Ghana Limited (FBNBank), a subsidiary of First Bank of Nigeria Limited, has 21 footprints in Ghana with over 400 staff and offers universal banking services to individuals and businesses. FBNBank Ghana Limited was formerly International Commercial Bank (ICB) and has been in the business of banking for 24 years in this country. FBNBank Ghana is part of the trade hub that has grown economies for over 125 years across Africa, Europe and China.

Victor Yaw Asante, FBNBank Ghana MD addressing the audience

fbadmin
March 10th, 2021
Posted In: 2020 Press Releases

Staff of FBNBank Ghana Limited including the Managing Director have presented an amount of GH¢10,865 in support of the Rotary Club of Accra Ring Road Central (RRC’s) “Walk for a Child” fundraising initiative. The donation will be channeled into two projects being undertaken by the Rotary Club of Accra RRC for the renovation and construction of classrooms and library for the Golden Spring School in Tetegu as well as the purchase of essential equipment for the children’s cancer unit at the Korle Bu Teaching Hospital.

Mr. Enoch Vanderpuye, FBNBank Ghana Country Team Lead for Marketing & Corporate Communications who presented the donation said staff of the bank contributed to make the lives of the beneficiaries better because giving is a responsibility we must all take seriously. He gave the assurance that as a brand that puts its stakeholders at the heart of its business and remains committed to promoting the health and wellbeing of Ghanaians, FBNBank and its staff will continue to support the communities in which it operates. He stated that the donation by staff from all the branches was in response to a call to support children that had needs. Mr. Vanderpuye was supported by other staff of the bank including the Managing Director, Mr. Victor Yaw Asante who himself is a Rotarian.

Receiving the donation, Rosemary Puni, President of the Rotary Club of Accra Ring Road Central expressed appreciation to the Management and staff of FBNBank Ghana. She revealed that “we are indeed touched by your kind gesture and generous donation. Your donation will go a long way to help improve lives of the community and for this the Rotary Club of Accra Ring Road Central is eternally grateful.”

 

About FBNBank Ghana

FBNBank Ghana Limited is a member of First Bank of Nigeria Limited Group. FBNBank Ghana Limited (FBNBank), a subsidiary of First Bank of Nigeria Limited, has 21 footprints in Ghana with over 400 staff and offers universal banking services to individuals and businesses. FBNBank Ghana Limited was formerly International Commercial Bank (ICB) and has been in the business of banking for 24 years in this country. FBNBank Ghana is part of the trade hub that has grown economies for over 125 years across Africa, Europe and China.

Mabrouk Adam, 2nd from left, Victor Yaw Asante, 3rd from left, Ken Aristo Aryee, 4th from left, Enoch Vanderpuye, 5th from left, Rosemary, 3rd from right and other Rotarians. 

fbadmin
March 10th, 2021
Posted In: 2020 Press Releases

FBNBank Ghana Ltd., a subsidiary of First Bank of Nigeria Limited, has donated an amount of GH¢20,000 to support Rotary Ghana, the Ghana National Polio Plus Committee and selected Rotary Clubs mostly in the Ashanti region in the fight against Polio in Ghana. This is to help Rotary and its partners roll out a polio immunization exercise for children between zero (0) months to infants of up to fifty-nine (59) months. Even though Africa has now been declared polio free, there remains work to be done to ensure polio stays out.

Making the presentation to mark the International Polio Day celebration in Kumasi, Managing Director of FBNBank Ghana, Victor Yaw Asante emphasized the bank’s commitment to promote the health and wellbeing of children. ‘‘FBNBank Ghana, a bank that continually strives for excellence, drives the financial industry through offering of innovative solutions to our customers, opportunities for our employees and support the communities in which the bank operates finds it important to partner with Rotary International to tackle head-on, and eradicate Polio in Ghana and beyond. He said he is optimistic that the bank’s support to Rotary in the fight against polio will go a long way in changing the world and ensure that the gains achieved over the years are sustained.’’

Victor Yaw Asante urged Rotary and its partners not to relent in this fight against polio. He commended the efforts of Rotary and its partners on the huge amount of work it has done to make Africa polio free.

He underscored the need for all benevolent entities to come join in supporting the fight against Polio. “We hope by this gesture, other well-meaning players in corporate Ghana will also support the drive to completely eradicate Polio” he added.

 

About FBNBank Ghana

FBNBank Ghana Limited is a member of First Bank of Nigeria Limited Group. FBNBank Ghana Limited (FBNBank), a subsidiary of First Bank of Nigeria Limited, has 21 footprints in Ghana with over 400 staff and offers universal banking services to individuals and businesses. FBNBank Ghana Limited was formerly International Commercial Bank (ICB) and has been in the business of banking for 24 years in this country. FBNBank Ghana is part of the trade hub that has grown economies for over 125 years across Africa, Europe and China.

Nana Yaa Siriboe of Ghana National Polio Plus Committee receiving the cheque from Mr. Victor Yaw Asante, FBNBank Ghana MD/CEO. Looking on are Philip Afari and Isaac V. Asante-Kwatia of FBNBank Ghana

fbadmin
March 10th, 2021
Posted In: 2020 Press Releases

As part of the strategy to lead in broadening opportunities and access to financial services, FBNBank Ghana and its parent, First Bank of Nigeria Limited have announced a partnership with the International Centre for Strategic Alliances (ICSA) to hold the 2020 Virtual Digital Banking Summit.

The Digital Banking Summit is a C-Suite platform that creates a medium for discussions on global trends and disruption in Digital Banking, how market players can seize opportunities and respond to trends, while focusing on pertinent issues like FinTech disruption, Financial Inclusion, Block Chain and RegTech. This year’s Summit is under the theme, “Digitization of Banking Sector – En Route to a Cashless Africa” and will hold virtually on Wednesday, 11th of November, 2020.

Commenting on the Summit which will feature speakers from FBNBank Ghana and its parent, First Bank of Nigeria Limited as Official Banking Partners, Managing Director of First Bank of Nigeria Limited, Dr. Adesola Adeduntan stated that “technology is an integral part of FirstBank’s business model which leads to the bank’s creation of platforms for customer engagement, provision of products and service offerings for customers when they want it and where they want it. Dr. Adeduntan opined that “technology is an enabler that provides opportunities to drive efficiency and increase productivity by transforming the bank’s operating model to deliver lean, productive and secure business operations.”

He further stated that “as a brand of strength and dynamism that has evolved over the past 126 years, the First Bank of Nigeria Limited Group is focused on building strong partnerships by providing outstanding products, services and support at every stage in our clients’ life journey while delivering the relevant experiences that exceed their expectations.”

The FBNBank Ghana Managing Director, Victor Yaw Asante noted that the crisis of COVID-19 has accelerated the implementation of banks’ digital strategies ahead of their timetables. He said banks remain committed to the refreshed operating methods that make them relevant in the banking and finance industry. He reiterated that as part of FBNBank Ghana’s strategy to bring financial services closer to customers, the bank has leveraged new and evolving technologies to facilitate customer access to everyday financial services such as *894# Quick Banking, Agent Banking, Online Banking and FBNMobile, the bank’s mobile app.

The Summit will feature presentations from prominent Speakers including the 1st Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, Chief Keynote Speaker, Chen Kun Te, who is the Chief Digital Transformation Officer, Global Financial Services, Huawei EBG; FirstBank of Nigeria Limited Managing Director, Dr. Adesola Adeduntan; Victor Yaw Asante, Managing Director of FBNBank Ghana and Country Head, Technology and Services, FBNBank Ghana, Rachel Adeshina among others.

 

About FBNBank Ghana Limited

FBNBank Ghana Limited is a member of First Bank of Nigeria Limited Group. FBNBank Ghana Limited (FBNBank), a subsidiary of First Bank of Nigeria Limited, has 21 branches and agencies in Ghana. FBNBank offers universal banking services to individuals and businesses. FBNBank Ghana Limited was formerly International Commercial Bank (ICB) and has been in the business of banking for 24 years in this country. FBNBank Ghana is part of the trade hub that has grown economies for 126 years across Africa, Europe and China.

fbadmin
March 10th, 2021
Posted In: 2020 Press Releases

FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited has commissioned its new Osu branch, located on the ground floor of the Alpha One building on the Oxford Street, Osu.

The pursuit of FBNBank Ghana’s “You First” customer proposition, the opening of the ultra-modern Osu branch forms part of the bank’s strategy to bring financial services closer to its customers to make products and services available to them.  The opening of the new branch is in recognition of the fact that there should also be comfortable and convenient touchpoints for clients occasionally needing to physically interact with the bank.

Welcoming guests to the event, the FBNBank Ghana Managing Director, Victor Yaw Asante disclosed that Osu in general and Oxford Street, in particular, is a location of significance because of the high throughput of tourists who occasionally require branch banking. He further stated that the bank has been focused on driving a digital agenda, which aims to leverage new and evolving technologies to facilitate access to everyday financial services for the bank’s consumers and businesses alike, especially in these times. (more…)

fbadmin
March 10th, 2021
Posted In: 2021 Press Releases

Accra, January 09, 2021 – FBNBank Ghana has today announced the commencement of activities marking the celebration of its 25th anniversary in the country. This was made known by the Managing Director of the Bank, Victor Yaw Asante after a walk which covered three routes in Accra and one route in Kumasi covering a total of 28km with participants including staff, customers and clients.

Speaking after the walk in Accra, Mr. Asante said that “over the past 25 years, the Bank has consistently built relationships with customers, clients, staff and other stakeholders, focusing on the fundamentals of good corporate governance, strong liquidity, excellent risk management and exemplary leadership. He added that in all its dealings, the Bank’s primary focus had been on these stakeholders; a position which emanates from its brand promise of ‘putting you first.’

Mr. Asante added that over these years, the Bank has nurtured these relationships in order to deepen its engagement with stakeholders and to be able to contribute more significantly to the country’s development.

Activities lined up to celebrate the Bank’s milestone anniversary include a thought leadership forum to discuss and find solutions to pertinent socio-economic issues, customer and client engagement sessions and corporate responsibility and sustainability initiatives targeted at the deprived and needy in the communities. In all, it will be an opportunity for the Bank to reassert its presence on the market building on the momentum generated in its business over the past years. Staff of the Bank are also gearing up for a host of internal activities which would across board enable them to live the Bank’s values.

 

About FBNBank Ghana Limited

FBNBank Ghana Limited is a member of the First Bank of Nigeria Limited Group. The Bank has 20 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 25 years in Ghana and is part of the trade hub that has grown economies for over 126 years across Africa, Europe and China.

 

fbadmin
March 10th, 2021
Posted In: 2021 Press Releases
agent banking

Financial institutions in Africa seek to create innovative value propositions and customer-friendly products and services, not only to generate client enrolments but also to bring populations into the financial mainstream for greater socio-economic good. Financial Inclusion remains a challenge in Sub Saharan Africa. Building payment and banking networks using the traditional brick-and-mortar approach is a very arduous task. Easily accessible financial products provided by delivering flexible value-added services at non-traditional bank locations have become a solution to financial inclusion at all levels.

In the developing world, markets are fragmented and a large part of the population is dispersed. Financial literacy is still low, especially among low-income segments and branch penetration is still poor. Financial institutions have realized the lack of sufficient service points in remote and rural markets, however, new branch and ATM infrastructure costs are expensive, especially considering the high-volume, low-value transactions, specific for such markets.  The consequences are congested branches and limited scalability opportunities.

Agent banking has subsequently been positioned as a channel for providing that far-reaching and low-cost access to financial services for the underbanked populations of society. This initiative takes banking closer to the immediate vicinity or doorstep of semi-urban and rural dwellers. Customers and non-customers of financial institutions can now safely visit agents in their own vicinity at their own convenience, at extended service hours. A segment of the bankable population can now conveniently deposit and withdraw funds, make insurance premium payments and pay bills, even with no formal ID thanks to the integration of biometrics into the services provided by financial institutions. Agents have become the focal point for driving awareness of the agent banking channel and the services being provided by financial institutions, acquiring new customers and providing assistance to customers where needed.

Today, due to technology it is not surprising that third-party agents and merchants have become an integral part of the digital financial service ecosystem, especially in developing markets like Ghana. For many customers in Ghana, Agent banking has become a channel-of-choice due to the convenience it offers, especially in terms of proximity to customer residence or business. This growing acceptance of the model and its self-service nature is gradually leading to a shift from branch banking in Ghana. Some financial institutions have taken the lead in this and are at the point of expanding their agents’ portfolio beyond basic cash-in/out transactions into customer onboarding, E-loans, Bill payments, and more.

FBNBank Ghana Limited, one of the fastest-growing banks in the country, has introduced its Agent banking channel in a move to drive financial inclusion and to expand its reach by offering affordable and convenient banking to Ghanaians.

The Bank is riding on the success story of its parent bank, FirstBank of Nigeria Limited which successfully implemented this initiative, FirstMonie, in Nigeria in 2017. With over 67,000 Agents in operation, the FirstMonie agents are providing world-class financial services through cutting edge technology deployed by the Bank.

FBNBank Ghana is migrating this best practice by partnering with existing businesses in various locations across the country to build a network of agents who will operate “agencies” that will offer selected banking services to customers. This initiative aligns with a statement in the World Bank economic updates for Ghana in its 2019 report which states that; “with the use of innovative technology and approaches, universal financial access is an attainable target in Ghana.” FBNBank Ghana Limited is therefore poised to bridge the gap between the banked and unbanked population through the successful implementation of the Agent banking channel which is supported by a robust technology infrastructure.

The Bank is confident that the successful roll-out of the Agent banking channel will lead to an increase in the institution’s capacity to provide convenient banking services to existing and potential customers around the country.

The Bank will be working in partnership with Corporates, SMEs, and Individuals to take banking to the communities within Ghana. This partnership will also provide additional revenue streams for the low-income earners living within the various target communities. The innovative service offerings available on the platform include: Account Opening, Cash Deposit, Cash Withdrawal (FBNBank and Other Banks), Funds Transfer (FBNBank and Other Banks), Mobile Money services and Value-Added Services such as airtime top-up, bills payment, remittance, card services, etc. Currently, FBNBank Ghana’s Agents are located in the Accra-Tema Metropolis, Adum, Suame and Techiman. The bank is working on enrolling more agents in other regional and district capitals of the country onto the FBNBank Ghana Agent Banking platform.

The FBN Bank Agent network is modeled on the FirstMonie brand which controls the largest agent banking network in Nigeria. Through this brand, the FirstBank Group, the parent company of FBNBank Ghana, is offering innovative products to meet the changing needs of our customers in the informal economy in West Africa.

The FirstBank Group remains a most formidable and experienced Bank in Africa with over 126 years of impeccable banking services availed to its customers. Drawing from our parent’s in-depth knowledge and banking experience that spans over a century, our various pioneering experiences in electronic banking transaction processing, and strategic alliances with key service providers and processors, FBNBank remains committed to bringing its experience to bear in achieving quantum leaps in the provision of financial services in Ghana.

fbadmin
March 10th, 2021
Posted In: 2021 Press Releases

February 12, 2021, Accra – In line with its agenda of supporting the SME sector, FBNBank Ghana is organising a trade forum for its clients which would help position SMEs to benefit from the African Continental Free Trade Area (AfCFTA).

 

The event which would be virtual forms part of the Bank’s 25th anniversary celebrations and is dubbed “FBNBank@25 Virtual Trade Forum.”  It is scheduled to be held on Tuesday February 16, 2021 and would feature representatives of Ghana Link Network Services and the Customs Division of the Ghana Revenue Authority who as resource persons, will provide education and lead discussions on the guidelines and procedures for registration on the Integrated Customs Management System (ICUMS) under AfCFTA.

 

Commenting on the rationale for the Forum, Victor Yaw Asante, FBNBank Ghana’s Managing Director and Chief Executive Officer said, “AfCFTA provides enormous opportunities for Ghana’s SMEs considering it is offering the largest free trade area in the world and brings together 1.3 billion consumers across 55 African countries with a combined gross domestic product (GDP) valued at US$3.4 trillion. We at FBNBank Ghana are excited at this development. Through this trade forum, we will be delivering on our declared support to SMEs by making it possible for importers and exporters to be properly acquainted with Ghana’s customs management system in order to be better placed to benefit from the huge opportunities which AfCFTA brings.”

 

AfCFTA is an Africa Union (AU) initiative that opens up the continent commercially by offering an African free trade area across 55 countries and thereby increases intra-African trade by up to 52.3 per cent. It is estimated that it has the potential of lifting 30 million Africans out of extreme poverty. This will be through the creation of jobs as a result of the expanded market, increase in real wages for unskilled and skilled workers in agricultural and non-agricultural sectors, improved access to trade opportunities for women, promotion of industrialisation and increased competition among African industries on the global stage.

 

SMEs in Ghana will be lining up to benefit from the roll-out of AfCFTA and will therefore have to secure their registration on the country’s Integrated Customs Management System (ICUMS) in order to ensure efficient import and export of goods. ICUMS is Ghana’s e-customs system and it utilizes state-of-the-art cloud computing technology to provide a swift and secure customs clearance process. It is a real single window system which ensures accurate and fair taxation of all imports and exports at ports and borders while maintaining international trade protocols and controlling illegal activities.

 

FBNBank Ghana, following the agenda set by its parent company, First Bank of Nigeria Limited, will be supporting their clients to take full advantage of AfCFTA. Over the years FBNBank Ghana has supported SMEs in several sectors including manufacturing. Considering FBNBank Ghana’s track record, the FBNBank@25 Virtual Trade Forum should see a host of SMEs in attendance who will be focused on benefiting from being placed at the heart of the Bank’s business as per its brand purpose.

 

About FBNBank Ghana Limited

FBNBank Ghana Limited is a member of the First Bank of Nigeria Limited Group. The Bank has 20 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 25 years in Ghana and is part of the trade hub that has grown economies for over 126 years across Africa, Europe and China.

fbadmin
March 10th, 2021
Posted In: 2021 Press Releases
Next Page »

Press like to get our latest offers on Facebook