Nigeria’s premier Bank and leading financial services provider, First Bank of Nigeria Limited has announced its winning of three awards at the Interswitch Connect Sales Dinner & Awards Night held on Thursday, 20 June 2019 at the Federal Palace Hotel & Casino, Victoria Island, Lagos.

The awards won by FirstBank at the event are: Most improved Mobile Banking Application, Highest Transacting Bank (across Interswitch’s Solutions) and Highest Number of Verve Transacting Cards (Unique Cards). FirstBank processes about 25% of monthly transactions on the Interswitch platform and has over 7.5million Verve Cards issued.

According to the Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan “We are pleased to be recipients of these awards, especially as they add to the spice of an eventful 2019, the year of our 125th anniversary. Indeed, the awards are a reflection of the confidence Nigerians reposed in us and our digital channels as well as a reward of our efforts in driving the various cashless initiatives of the Central Bank of Nigeria. We are very committed to providing cost efficient payment services to our discerning individual and corporate customers leveraging on the most modern and secure payment channels. We commend Interswitch for their giant strides in promoting electronic payment processing in Nigeria”.

Only recently, FirstBank was recognized for its high transactional volume and leading role at promoting cashless transactions and financial inclusion in the country by winning two awards – Cashless Driver: Highest Volume in Bill Payments and Cashless Driver: Highest Transaction Volume in Real-Time Payments –  at the CBN Electronic Payments Incentive Scheme (EPIS) Efficiency Awards.


About FirstBank

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier and most valuable banking brand, and largest financial services institution by total assets and gross earnings. With more than 12 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as its Representative Office in Beijing.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimized risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row – 2011, 2012, 2013, 2014, 2015, 2016 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. Recently, for the sixth consecutive time, the Bank clinched the “Best Retail Bank in Nigeria” award by The Asian Banker. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.


Folake Ani-Mumuney

Group Head, Marketing & Corporate Communications

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