First Bank of Nigeria HQ
Headquarters in Lagos  


First Bank of Nigeria Ltd (FirstBank or FBN) is the largest bank in the country by assets. As of September 30, 2015, it had N3.5 trillion in total assets, N2.49 trillion in customer deposits and N1.6 trillion in customer loans. It operates through six business units including Institutional Banking group, Corporate Banking group, Commercial Banking group, Private Banking group, Retail Banking group and Public Sector group. First Bank is the last of the old generation banks operating in the Nigerian banking sector. With over 760 branches and more than 2,600 ATMs, it maintains the largest branch network in the banking industry in Nigeria. It also has subsidiaries in West African countries and the United Kingdom as well as representative offices in Johannesburg, Abu Dhabi and Beijing. First Bank's ownership is well diversified with over 1.3 million shareholders, and no shareholder holds over a 5% stake. The largest shareholding is held by the staff pension fund, which holds 3.35%. The Bank was founded in 1894 and is headquartered in Lagos. It was converted to a public company in 1970 and was listed on the Nigerian Stock Exchange in 1971. FirstBank Group comprises subsidiaries spanning asset management, investment banking, capital markets, insurance, microfinance, private equity, mortgage and pension fund custodian services – making it one of the most diversified financial conglomerates on the continent. FBN was named “The Best Bank Brand in Nigeria” in 2011, 2012, 2013, 2014 by The Banker Magazine. First Bank of Nigeria operates as a subsidiary of FBN Holdings plc. FBN Holdings, the largest financial services group in Nigeria, comprises FirstBank of Nigeria Limited, FBN Capital Ltd, FBN Life Assurance Ltd, FBN Insurance Brokers Ltd and FBN Microfinance Bank. The company’s total assets amounted to N4.3 trillion as of September 30, 2015.

FirstBank subsidiaries:
FBN Bank (China)
FBN Bank Ghana
FBN Bank Gambia
FBN Bank Guinea
FBN Bank Sierra-Leone
FBN Bank Senegal
FBN Bank (UAE)
FBN Bank (UK) Limited

 Credit ratings (2015)

  National International  
  Long term Short term Long term Short term Outlook
Standard & Poor’s ngA ngA-1 B+ B Stable
Fitch A+(nga) F1(nga) B+ B Stable
GCR AA-(ng) A1+(ng)     Stable
Agusto & Co Aa-       Stable

Head Office address:
Samuel Asabia House
35, Marina, Lagos, Nigeria
Phone number: +234 1 4485 500

FirstBank International locations

191 Avenue de L’Equateur, Kinshasa/Gombe, DRC

FBNBank Gambia
48 GIEPA House, KSMD, PO Box 1600, Banjul
the Gambia

FBNBank Ghana
Meridian House, Ring Road Central, Private Mail Bag
No 16, Accra North, Accra, Ghana

FBNBank Guinea
Ex-cite Chemin de Fer, Immeuble Mamou, BP 3547, Conakry
Republic of Guinea

FBNBank Sierra Leone
22 Rawdon Street, Freetown, Sierra Leone

191 Avenue de L’Equateur, Kinshasa/Gombe, DRC

FBN Bank (UK) Ltd
28 Finsbury Circus
London, EC2M 7DT, United Kingdom
Tel: +44 (0) 20 7920 4920
Opening Hours:  Mon - Fri 9 am - 5 pm
Cashier services are available Monday to Friday from 9.30 am to 4.00 pm (excluding bank holidays)

FBN Bank (UK) Ltd, Paris Branch
5 bis rue du Cirque
75008 Paris, France
Tel: +33 1 53 53 20 40
Opening Hours:  Mon - Fri 9 am - 5 pm

FirstBank Beijing Representative Office
Unit 1421, Tower B, Beijing COFCO Plaza, No. 8 Jianguomennei Street, Dongcheng District
Beijing 100005, China

FirstBank South Africa Representative Office
10th Floor, The Forum Sandton Square Building, 2, Maude Street, P.O. Box 784796, Sandton 2146, Johannesburg, South Africa
Tel: +27 11 7849922

UAE Rep Office
Salam HQ Plot No C6, Sector E
Abu Dhabi, UAE