• Thursday, May 23, 2024
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FirstBank sponsors World Economic Forum in South Africa


Determined to ensure that Nigeria and indeed, Africa finds its feet among the world’s economic power blocks, Nigeria’s foremost financial institution, First Bank of Nigeria Limited has threw its weight behind the 2013 World Economic Conference on Africa. The three day event, billed to kick off in Cape Town, South Africa on May 08, precedes the World Economic Forum coming up later this year in Davos, Switzerland. The annual event, which is expected to attract leaders in business, finance, civil society groups and policy makers presents a good platform for African business leaders to brainstorm and come up with a road map on how to tackle issues that encumber the socio-economic development of Africa. As the Regional Associate partner to WEF, FirstBank was the sponsor of both WEF corporate session in Lagos in 2012 and an active participant at the Addis Ababa conference also in 2012.

During conference, the Bank will host exclusive breakfast meeting where critical economic issues bothering on deployment of capital in frontier markets, adapting innovative technologies and services, and fostering a friendly regulatory environment will be discussed. The objective is to come up with strategies that would unlock business and investment opportunities in Nigeria.

Commenting on FirstBank’s sponsorship, Head of Marketing & Corporate Communications, Mrs. Folake Ani-Mumuney said the Bank’s support for the conference is in sync with its position as a thought leader in Nigeria’s quest to grow its economy and the desire to drive infrastructural development through collaboration with business leaders and institutions across the continent and the world at large.

“We are enthusiastic at the countless opportunities the conference platform offers to engage attendees from different spheres of life, throwing up meaningful strategies for maximizing the potential that abounds in direct investment in the Nigeria and the continent as a whole.

About FirstBank

First Bank of Nigeria Limited is Nigeria’s leading financial services institution by total assets and gross earnings. With more than 5 million customers, FirstBank has over 700 branches and five (5) subsidiary companies, providing a comprehensive range of financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London, and Banque International de Credit (B.I.C) in the Republic of Congo, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi. FirstBank is recipient of several recent awards including the “Best Banking Group in Nigeria” by World Finance Banking Awards, “Best Financial Reporting Company” by Africa Investor, “Most Innovative Bank in Africa” by African Banker Awards, “The Best Retail Bank in Nigeria” by the Asian Banker International Excellence in Retail Financial Services Awards, “The Best Indigenous Place to Work For in Nigeria” and “The Best Financial Services Company to Work For in Nigeria” by the Great Place to Work Awards, and “The Bank of the Year in Nigeria” by The Banker Magazine. In addition, for two consecutive years, 2012 and 2013, FirstBank has been named “Nigeria’s Number One Banking Brand” by Brand Finance Top 500 Banking Brands.