FBN Holdings Plc history, company profile (overview) and corporate video
FBN Holdings Plc is a financial holding company and one of the largest diversified financial services groups in Africa. It is headquartered in Lagos, Nigeria.
The Group offers a broad range of products and services across Commercial Banking in eight African countries and offices in London, Paris and Beijing. Other core businesses include Merchant Banking, Capital Markets, Trusteeship, and Insurance Brokerage services.
FBN Holdings’ origins date back to 1894 when the First Bank of Nigeria was founded by Sir Alfred Jones in Liverpool, England. FirstBank commenced business as Bank of British West Africa (BBWA) in Lagos, Nigeria.
BUSINESSES
FBN Holdings is structured along Commercial Banking, Merchant Banking, Capital Markets, Trusteeship, and Insurance brokerage.
Commercial Banking
The Group’s core business provides financial services to individuals, corporate customers and public institutions.
- FirstBank;
- First Pension Custodian;
- FirstBank UK;
- FirstBank Gambia;
- FirstBank Sierra Leone;
- FirstBank Senegal;
- FirstBank Guinea;
- FirstBank Ghana;
- FirstBank DRC;
- FirstBank China.
Merchant Banking, Capital Markets and Trusteeship
Merchant Banking, Capital Markets and Trusteeship businesses are collectively referred to as the FBNQuest Group. FBNQuest Group’s key businesses comprise corporate banking, investment banking, asset & wealth management, and fixed-income securities trading to corporations, banks, public institutions, institutional investors, individuals, and the retail market.
- FBNQuest Merchant Bank;
- FBNQuest Asset Management;
- FBNQuest Securities;
- FBNQuest Capital;
- FBNQuest Funds;
- FBNQuest Trustees.
Insurance Brokerage
Insurance Brokerage refers to FBN Insurance Brokers Limited. FBN Insurance Brokers combines expert insurance brokerage knowledge and capabilities for risk assessment, analysis, structuring and advisory services in Life and General insurance business.
*Information from Forbes.com, Wikipedia.org, and www.fbnholdings.com.
**Video published on YouTube by “firstbankngr“