FirstBank has announced its donation of the sum of N1 billion towards the joint effort by the Nigerian Private Sector Coalition Against COVID-19 (CACOVID) to rapidly expand the health facilities, especially testing, isolation, treatment and the provision of Intensive Care Unit (ICU) facilities pivotal to controlling the spread of and treating individuals diagnosed with COVID-19.
This is in addition to the bank’s drive to move one million children to e-learning, together with an early partner, Roducate, as recommended by the Ministry of Education, Lagos State.
In line with the Federal Government’s 14-day stay-at-home directive for Lagos, Ogun and FCT residents, the bank has also reiterated its preparedness to provide essential banking services through its alternative channels to its customers and the public at large, which is in line with its robust Business Continuity Plan.
Updating on the bank’s efforts, Adesola Adeduntan, its CEO, said, “We promise to continue to look at all areas of intervention where our business infrastructure, reach, digital platforms and other natural strengths lie and can be deployed to further support all efforts for Nigerians, young and old alike. To that end, we will continue to communicate ways in which we can do more together.
“We thank our community of friends, customers and other stakeholders who have continued to send us ideas and initiatives and are gladdened at the solidarity we see as Nigerians come together to tackle this under one umbrella. Please stay safe and let’s work together to flatten the curve.”
First Bank of Nigeria Limited (FirstBank) is the premier bank in West Africa and Nigeria’s leading financial inclusion bank for over 125 years.
With over 750 business locations and 44,000 banking agents spread across 99 percent of the 774 local government areas in Nigeria, FirstBank provides a comprehensive range of retail and corporate financial services to serve its over 15 million customers. 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.
The bank has been nimble at promoting digital payment in the country and has issued over 10 million cards, the first bank to achieve such milestone in the country.
FirstBank’s cashless transaction drive extends to having more than 8.5 million people on its USSD banking service through the nationally renowned *894# banking service and over 3 million people on Firstmobile platform.
Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the 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. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria an internationally competitive world-class brand and a credible financial partner.
FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011-2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011-2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years.