First City Monument Bank (FCMB) has been recognized for its outstanding contributions at the Development Bank of Nigeria (DBN) Service Ambassadors Awards held in Lagos for the year 2023.

The bank was lauded as the “Deposit Money Bank with the Highest Impact in the DBN Focus States” and the “Participating Financial Institution with the Highest Disbursement to Green Projects.” These accolades underscore FCMB’s unwavering commitment to impactful lending, actively driving economic growth, and fostering job creation throughout Nigeria.

In response to the awards, Mrs. Yemisi Edun, the Managing Director of FCMB, expressed her gratitude, stating, “We are honored to be recognized as the Deposit Money Bank with the Highest Impact in the DBN Focus States and the Participating Financial Institution with the Highest Disbursement to Green Projects. Our partnership with the Development Bank of Nigeria empowers SMEs to scale up and contribute significantly to Nigeria’s economic development. These awards affirm our commitment to meeting the expectations of our customers and the broader business community.”

FCMB aims to train over 1 million SMEs through Technical Assistance, which includes €325,000 from Proparco (the private-sector arm of the French Development Agency) and another $275,000 from the African Development Bank (AfDB). This initiative will facilitate the successful onboarding and empowerment of SMEs, including women entrepreneurs, under its SheVentures proposition, and those operating in high-impact sectors such as agriculture, renewable energy, and digital.

First City Monument Bank operates as a member of the FCMB Group Plc.

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