About FCMB Group Plc

FCMB Group Plc, through its subsidiaries, provides various banking and financial services to its wholesale and retail customers primarily in the Federal Republic of Nigeria. Segments The company operates through six segments, including Investment Banking, Business Banking, Corporate Banking, Personal Banking, Institutional Banking, and Treasury and Financial Markets. Investment Banking This segment provides comprehensive services to highly structured large corporate organisations. The Group is also involved in capital raising activities for organisations both in money and capital markets, as well as providing financial advisory services to organisations in raising funds. Business Banking This segment provides banking services to Small and Medium Enterprises (SME) and commercial registered businesses with an annual turnover of less than N2.5 billion. Corporate Banking This segment is incorporating direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products. Corporate Banking caters for the specific needs of companies and financial institutions with an annual turnover in excess of N5 billion. Personal Banking This segment incorporates private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans and mortgages. Retail Banking caters for the needs of individuals. Institutional Banking This segment consists of government financing, financial institutions, multilateral agencies. The business unit caters for governments at various levels and their agencies. Treasury and Financial Markets This segment provides funding support to various business segments. It also involves in currency trading incorporating financial instruments trading and structured financing. History FCMB Group Plc was founded in 1977. The company was incorporated in Nigeria as a financial holding company on 20 November 2012, under the Companies and Allied Matters Act.