FirstBank named best retail bank in Nigeria
First Bank of Nigeria Limited, has won “The Best Retail Bank in Nigeria Award” for the fifth time, the “Mobile Payment Product of the Year award” and the “Credit Card Product of the Year award” in the 2016 Asian Banker Retail Services West African Awards.
The event which took place in Lagos, last week was organized by the Asian Banker magazine.
According to The Asian Banker, FirstBank has continued to dominate the retail space with over 40% of the market share in retail customer deposits.
FirstBank’s Naira Credit Card and its mobile wallet payment service FirstMonie were adjudged as the best in the credit card product of the year and mobile payment product of the year categories respectively.
With the largest footprint in the country in terms of network and product offering, FirstBank provides something for everyone. The Bank is focused on revamping credit products for individuals and small businesses as well as using its mobile banking business to offer banking services to the unbanked population in Nigeria.