LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING

In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums.The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing …

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Fitch Affirms Fidelity Bank Ratings with Stable Outlook

Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report.  The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said the upgrade reflects the improvement in the bank’s local-currency funding profile, as evidenced by the increase in the share of low-cost current and …

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At Polaris Bank, we are Positioning for Digital leadership and Market Dominance, Says CEO, Adekunle Sonola

Leading digital financial institution, Polaris Bank has assured its customers, financial sector stakeholders, and regulators that the Bank passed its road to recovery years back.Chief Executive Officer (CEO), of the financial institution, Adekunle Sonola, stated this in a recent interview, with PROSHAREs team of analysts noting that the Bank is currently on the growth path leading to market dominance.According to …

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Wema Bank Plc Launches Phygital, Its New in-branch Self Service Offering

Wema Bank Plc, the leading financial institution in innovation and technology has launched Phygital Branch, a self-service platform that combines the best aspects of traditional and digital banking, in all its branches nationwide. “Phygital is the result of Wema Bank’s recognition that a segment of our customers still enjoys the physical experience of traditional banking but without potential hassles such …

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Polaris Bank appointments new leadership team members

Polaris Bank has announce the appointment of two new members of its executive leadership team. Chinwe Iloghalu joins the Bank as Executive Director, Lagos and Corporate Banking and Martins Izuogbe joins the Bank as Executive Director, Service and Technology. A statement from the bank said that “These appointments are an important landmark in the delivery of Polaris Bank’s refreshed strategy, …

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Polaris Bank Partners Goge Africa to take Customers on a Caribbean Cruise  

Polaris Bank has announced an exciting and available opportunity for its customers and prospects seeking a remarkable intercontinental holiday experience tagged: Cruise the Caribbean with Polaris Holiday Loan.    The Bank said it was thrilled to invite its valued customers and prospects to explore the world in style and luxury with a term loan offer for an unforgettable intercontinental holiday …

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IT’S FIRSTBANK’S FINEST HOURDazzles stakeholders with growth across key metrics

Rising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 per cent in 2015, to an impressive profit of N147billion and a significantly lowered NPL rate of 5.6 per cent in 2022, FirstBank has proven that its back-to-back profit-making is far beyond recoveries made, but rather it’s a reinforcement of a well-articulated growth trajectory …

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Fidelity Bank announces 2nd edition of Fidelity International Trade and Creative Connect (FITCC)…takes trade expo to Houston, Texas, USA in October 2023

Building on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, leading financial institution, Fidelity Bank Plc, has announced plans to host the second edition of the trade expo in Houston, Texas in the United States of America. Tagged FITCC Houston, the event would hold on Wednesday, 18th …

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