First Bank Hosts The Quarterly Meeting Of The Financial Market Dealers Association (FMDA)

First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association (FMDA) Quarterly Meeting scheduled for Friday 16th September 2022 at 5:00pm at the Federal Palace Hotels, Victoria Island, Lagos , it’s planned.

The keynote address of the event, entitled “Nigeria Macroeconomic Developments and Outlook: IMF View,” will be delivered by Ari Aisen, IMF Representative for Nigeria.

A statement from Acting Executive Secretary Mary Gbegbaje said: “The FMDA’s quarterly meeting serves as a platform for in-depth knowledge sharing, dissemination of information and fostering business relationships among members in the treasury market practice, consisting of treasurers, analysts and other market participants of insurance companies, pension funds, government and supervisory authorities in Nigeria.

The participants of the event include delegates from all banks as well as invited guests and customers.”

According to Ini Ebong, Executive Director, Treasury, Financial Institutions & International Banking, First Bank of Nigeria Limited “At FirstBank we are delighted to host the 2022 Quarterly Meeting of the Financial Markets Dealers Association of Nigeria (FMDA), a platform we consider crucial to the continued growth of the financial market in the country.

We are excited about the achievements that our noble association – FMDA – has achieved so far as, with the right regulatory and risk management framework, we have been able to influence and promote fairness in members’ activities while maintaining the enabling environment to foster business performance and positively affect the economy”.

With the knowledge and insights shared over the course of the quarterly gathering, we would continue to deepen our resolve to the unrelenting role we play in the economy,” he concluded.

The FMDA is the primary interface with monetary authorities through policy advocacy and engagement aimed at promoting sound markets and ethical behaviors comparable to international standards that facilitate liquidity, transparency and pricing, and drive market deepening.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is the leading bank in West Africa and has been the leading provider of financial integration services in Nigeria for over 128 years.

With over 750 business locations and over 180,000 banking agents covering 99% of Nigeria’s 774 local governments, FirstBank offers a comprehensive range of retail and corporate financial services to serve its more than 30 million customers.

The Bank has an international presence through its subsidiaries FBNBank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, Gambia, Guinea, Sierra Leone and Senegal, and a representative office in Beijing.

The bank has been hands-on in promoting digital payments in the country and has issued over 10 million cards, becoming the first bank to achieve such a milestone in the country.

FirstBank’s pursuit of cashless transactions extends to more than 10 million people on its USSD Quick Banking service via the nationwide bank code *894# and over 4.5 million people on the FirstMobile platform.

Since its inception in 1894, FirstBank has consistently built relationships with clients focused on the fundamentals of good corporate governance, strong liquidity, optimized risk management and leadership.

Over the years, the Bank has spearheaded the financing of private investment in infrastructure development in the Nigerian economy, playing a key role in the federal government’s privatization and commercialization programs.

With its global reach, FirstBank offers a world-class internationally competitive brand and a credible financial partner to potential investors wishing to explore the tremendous business opportunities available in Nigeria.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” for six consecutive years (2011 – 2016) by the Financial Times Group’s world-renowned “The Banker Magazine”; Seven consecutive years (2011 – 2017) “Best Retail Bank in Nigeria” by Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years.

Our brand purpose is always to put customers, partners and stakeholders at the heart of our business, even as we standardize customer experience and financial excellence across sub-Saharan Africa, in line with our brand vision of “To be the partner of the first choice at building your future”.

Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is based on our inherent values ​​of passion, partnership and people to put you first in every way.

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