Sunday, July 27, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home BANKING

FIRSTBANK WINS 2024 BEST SME BANK IN NIGERIA AND BEST SME BANK IN AFRICA 

For 130 years, FirstBank has continued to enable the giants in our customers including our SMEs as well as other stakeholders

Newsroom Nigeria by Newsroom Nigeria
June 8, 2024
in BANKING
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

NIgeria’s premier financial institution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank in Nigeria at the highly converted Asian Banker Global Excellence Retail Awards 2024.

The Excellence in Retail Finance Awards Programme, which includes the Global Excellence in Retail Finance Awards and The Annual Digital Bank Awards, is one of the most established awards of its kind, recognising exceptional innovation, leadership, management, and performance in the financial sector.

Related posts

Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest

Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest

July 22, 2025
ZENITH BANK NAMED NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025

ZENITH BANK NAMED NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025

July 21, 2025

The 130-year-old institution bagged these two awards because of its full suite of solutions across its franchise to serve the needs of medium and small enterprises in regard to core financial needs and offer flexible financing options across the entire lifecycle needs of customer’s business.

According to The Asian Banker’s Strategic Business Intelligence for the Financial Services Community “FirstBank demonstrated exceptional performance, notably in its SME sector, by achieving more than 100% revenue growth while maintaining a reduced cost-to-income ratio of 16.5%. Small and medium-sized enterprises contributed 26% of overall bank revenue. Furthermore, the institution’s SME customer base grew by 7%, reaching a total of more than one million. For its significant growth in the SME business, the award for Best SME Bank in Nigeria and in Africa goes to FirstBank”.

FirstBank supports its customer by providing exceptional value proposition around each industry sectors, digital innovation of the bank’s processes and financing options, and a strong relationship banking approach to create best in class customer engagement. The Bank’s integrated platform not only help businesses grow and reduce operational costs but also facilitates expansion into regional and overseas markets through its Sub-Saharan Africa subsidiaries.

Expressing her delight on the recognition, the Group Head, Marketing & Corporate Communications, Ms. Folake Ani-Mumuney said: “We thank the Asian Banker Awards for the recognition and dedicate these awards to our esteemed SME customers that have progressively impacted the socio-economic growth of not just Nigeria but also the African continent given their critical role as the engine of any economy.

“For 130 years, FirstBank has continued to enable the giants in our customers including our SMEs as well as other stakeholders, and we remain committed to delivering the ultimate ‘gold standard’ of value and excellence.” she concluded.

Amongst other awards, FirstBank recently added to its awards kitty, Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa by Global Finance, for its exceptional leadership in integrating sustainable practices into its banking operations.

ShareTweetSendShareShare
Previous Post

COLLAPSED MINE: ALAKE CONDOLES VICTIMS, VOWS TO ENFORCE MINERS INSURANCE

Next Post

I DO NOT HAVE A PLOT IN GUZAPE, SAYS TINUBU AT INAUGURATION OF ABUJA ROAD PROJECT

Related Posts

Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest
BANKING

Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest

July 22, 2025
ZENITH BANK NAMED NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025
BANKING

ZENITH BANK NAMED NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025

July 21, 2025
Polaris Bank Empowers Over 500 Journalists on Modern Trends in Journalism
BANKING

Polaris Bank Empowers Over 500 Journalists on Modern Trends in Journalism

July 21, 2025
FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS
BANKING

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

July 18, 2025
Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025
BANKING

Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025

July 18, 2025
Empowering Women at Work: How Union Bank’s Family-Friendly Revolution Is Setting New Standards
BANKING

Empowering Women at Work: How Union Bank’s Family-Friendly Revolution Is Setting New Standards

July 11, 2025
Next Post

I DO NOT HAVE A PLOT IN GUZAPE, SAYS TINUBU AT INAUGURATION OF ABUJA ROAD PROJECT

RECOMMENDED NEWS

NIGER: WE ARE WORKING NOT TO COMPOUND THE PROBLEM – TINUBU TELLS PRESIDENT OF GABON

2 years ago

 SKY GARDEN LAGOS, An Exquisite Rooftop Lounge Opens in Victoria Island

2 years ago

CHIMAMANDA’S LETTER REFLECTS A PATHETIC COLONIAL MENTALITY – KEYAMO

2 years ago

Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years for N43.5m Fraud

8 months ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS

    TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS

    0 shares
    Share 0 Tweet 0
  • “PDP WILL RISE AGAIN TO REBUILD NIGERIA,” GBENGA OLAWEPO-HASHIM DECLARES

    0 shares
    Share 0 Tweet 0
  • VIEWPOINT: HOW JOURNALISM CAN THRIVE AND  BUILD A NATION  IN A MULTI-ETHNIC SOCIETY, BY GOVERNOR BALA MOHAMMED

    0 shares
    Share 0 Tweet 0
  • Kwara Court Jails Nine for Fraud

    0 shares
    Share 0 Tweet 0
  • TINUBU SETS FIRST QUARTER 2026 TARGET FOR THE TAKE-OFF OF NATIONAL SINGLE WINDOW PROJECT

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.