About FBN Holdings Plc

FBN Holdings Plc, together with its subsidiaries, provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria, the United Kingdom, and rest of Africa. The company’s principal subsidiary is First Bank of Nigeria Limited. It operates in seven African countries and the United Kingdom, with representative offices in France and China. The company offers a diverse range of financial products and services across Commercial Banking, Merchant Banking, Capital Markets, Trustees and Insurance Brokerage. These subsidiaries provide cutting-edge financial solutions across Africa, Europe and Asia. The company’s businesses provide financial services to a variety of customers across commercial banking, merchant banking, capital markets, TRUSTEES and insurance brokerage. The company’s core business is to provide financial services to individuals, corporate institutions and the public sector. The Commercial Banking includes the domestic and international offices offering commercial banking services in 10 countries. The company is committed to providing innovative banking and investment solutions for its diverse customer base, which comprises governments, financial and non-financial institutions, and high-net-worth individuals. The company creates value for its shareholders by offering investment banking services, wealth and fund management services, asset administration and securities trading. The company offers expert risk management, insurance brokerage, as well as advisory services in life and general insurance businesses. The company introduced a digital brokerage platform to the insurance sector. This will provide the leverage to drive retail insurance adoption and address the industry-wide challenge of low insurance penetration. Segments The company operates through Commercial Banking Business Group; Merchant Banking and Asset Management Business Group (MBAM); and Others segments. Commercial Banking Business Group This is the company’s core business, which provides both individual and corporate clients/customers with financial intermediation services. This business segment includes the company’s local, international and representative offices offering commercial banking services. Merchant Banking and Asset Management Business Group (MBAM) This is the investment-banking arm of the company, providing advisory, asset management, markets and private equity services to a large institutional (corporations and governments) clientele, as well as merchant banking services. Others Others, previously referred to as Other Financial Services include FBN Holdings Plc, the parent Company, FBN Insurance Brokers Limited and Rainbow Town Development Limited. History FBN Holdings Plc was founded in 1894. The company was incorporated in 2012.