The
First Global Transfer (FGT) initiative is specifically designed to
ensure safe, timely and improved efficiency in the transfer of funds
across the network of FirstBank subsidiaries in Africa. The FGT is not
restricted to FirstBank and FBNBank Customers alone but it is also open
to every individual resident in the country the funds transfer is
originating from.
Intending
users of the initiative are to visit any of the Bank’s branches in
Nigeria or subsidiaries in Africa, which are: FBNBank DRC, FBNBank
Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, or FBNBank
Senegal to enjoy the service. For example, with First Global Transfer,
individuals and customers in Sierra-Leone can walk into any FBNBank
branch to send money to FirstBank customers in Nigeria as well as
FBNBank customers in Gambia, Ghana, DR Congo, Senegal or Guinea.
Speaking
on the initiative, Dr. Adesola Adeduntan, CEO, FirstBank said “today’s
customer is influenced by the technological advancement shaping
businesses across various industries and our First Global Transfer (FGT)
initiative is one of those advancement created to impact every
individual in our host community in Africa, whilst promoting the ease
and swift transfer of money from one country to another for business or
personal activities.”
“With
the launch of African Continental Free Trade Area (AfCFTA) on 1 January
2021, the First Global Transfer (FGT) is indeed very timely as it will
play an essential role in stimulating business activities across
borders, thereby impacting the growth and development of the continent. I
enjoin everyone to visit any one of our branches nearest to you in
Nigeria or our subsidiaries in Africa and send money to your loved ones
or business partners with FirstBank or FBNBank account(s),” he
concluded.
About FirstBank
First
Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa
and the leading financial inclusion services provider in Nigeria for
over 126 years.
With
over 750 business locations and over 86,300 Banking Agents spread
across 99% of the 774 Local Government Areas in Nigeria, FirstBank
provides a comprehensive range of retail and corporate financial
services to serve its over 30 million customers. 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 a Representative
Office in Beijing.
The
Bank has been handy at promoting digital payment in the country and has
issued over 10million cards, the first bank to achieve such a milestone
in the country. FirstBank’s cashless transaction drive extends to
having more than 10million people on its USSD Quick Banking service
through the nationally renowned *894# Banking code and over 4.5 million
people on FirstMobile platform.
Since
its establishment in 1894, FirstBank has consistently built
relationships with customers focusing on the fundamentals of good
corporate governance, strong liquidity, optimised 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 – 2016) by the globally renowned “The Banker Magazine” of the
Financial Times Group; “Best Retail Bank in Nigeria” for seven
consecutive years (2011 – 2017) by the 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 standardise customer experience and excellence in financial
solutions across sub-Saharan Africa, in consonance with our brand vision
“To be the partner of the first choice in building your future”. Our
brand promise is always to 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