First Bank of Nigeria announced that its Firstmonie Network has processed a cumulative transaction value of 1 trillion naira since its relaunch in January 2018.
The network also achieved nationwide coverage in record time, enabling access to financial services for many locations that never had a way for its residents to access financial services.
FirstBank’s Firstmonie service provides financial/banking solutions to rural and semi-urban locations across the country, such as account opening, cash deposit, cash withdrawals, airtime purchase, bill payments and much more.
Through Firstmonie, the bank said it is committed to providing convenient services that endears trust and provides ease of access to banking products, thereby saving time and travel costs for users of our network.
The Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan said “the Firstmonie Scheme is supporting the Federal Government’s empowerment and job creation agenda as over 22,000 Nigerians, through this scheme, contribute to the increased economic activities of their neighbourhoods. Our partner network is growing and we are particularly delighted about the progress we are making in actively deriving nationwide financial inclusion, exposing communities to opportunities for growth, jobs, empowerment, and improved life conditions”.
She added that “yet again, we are delighted to score another first in promoting financial inclusion in the country. We appreciate our partner network and remain committed to working together to achieve even greater impact on the lives of Nigerians”.
First Bank of Nigeria, which has provided banking services to customers for 125 years, has 15 million customer accounts and provides a comprehensive range of retail and corporate financial services with over 750 business locations.
The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBN Bank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a representative office in Beijing.