First City Monument Bank
First City Monument Bank (FCMB), a member of FCMB Group Plc. It is a financial services holding company headquartered in Lagos, Nigeria.
 | |
| Public: NSE: FCMB | |
| Industry | Finance |
| Founded | 20 April 1982 |
| Founder | Oloye Subomi Balogun |
| Headquarters | , Nigeria |
Area served | Nigeria United Kingdom |
Key people | Oladipupo Jadesimi Chairman Ladi Balogun Group Chief Executive Yemisi Edun Managing Director |
| Services | Banking |
| Revenue | US $311.1 million (NGN:127.9 billion) (2020)[1] |
| Total assets | US $5 billion (NGN: 2 trillion) (2020) |
Number of employees | 3,610 (2020) |
| Website | Homepage |
History
First City Monument Bank was established in 1977 by Oloye Subomi Balogun. It was incorporated as a private limited liability company in April 1982 and granted a banking license in August 1983.[2][3][4]
Subsidiaries
The subsidiaries of First City Monument Bank are:[5]
- FCMB Capital Markets Limited – Investment banking & Advisory services – Lagos, Nigeria
- FCMB (United Kingdom) Limited – Investment banking – London, United Kingdom
- CSL Stockbrokers Limited – Stock brokerage services – Lagos, Nigeria
- FCMB Pensions Limited (Formerly Legacy Pension Fund Administrators) – Abuja, Nigeria
- Credit Direct Limited – Microfinance lending – Lagos, Nigeria
References
- ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2021-09-29. Retrieved 2022-06-04.
{{cite web}}: CS1 maint: archived copy as title (link) - ↑ Oshikoya, Temitope W.; Durosinmi-Etti, Kehinde (2019-05-28). Frontier Capital Markets and Investment Banking: Principles and Practice from Nigeria. Routledge. ISBN 978-0-429-57770-3.
- ↑ "IFC Invests in First City Monument Bank to Support Growth, SME Financing". pressroom.ifc.org. Retrieved 2021-10-10.
- ↑ "FCMB: Balogun steps down, as Nuru takes over". Vanguard News. 2017-02-20. Retrieved 2021-10-10.
- ↑ "investorrelations.FIRSTCITYGROUP.COM". investorrelations.firstcitygroup.com. Retrieved 2021-10-10.