FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness


FCMB Bank (UK) Limited, an independent company First City Monument Bank Limited (a member of FCMB Group Plc), announced its Personal and Business banking ideas in London, United Kingdom and Lagos, Nigeria at an exciting event. and top business groups inside and outside the country.

The increase follows the recent approval of a Bank from the United Kingdom to expand its operations in combination with the sale (sale) of individuals and businesses. This is in addition to the existing deposits of deposits, foreign currency, assets, corporate banks and trading funds which are provided to corporate clients by FCMB Bank (UK) Limited.

Amendment of the permit was granted by the Prudential Regulation Authority, the financial services agency of the United Kingdom, and came into operation on June 8, 2018.

FCMB Bank (UK) Limited’s Personal and Business Idea is based on London Leverage and Africa Awareness Bank. This will enable the financial institution to deliver on its promise to become a Corporate and Private Bank to African-based businesses, investors and professionals in all of their banking needs.

A Group Chief Executive of FCMB Group Plc, Mr. Ladi Balogun, explained at the event that the establishment of FCMB Bank (UK) Limited is a matter of fact and purpose. According to him, “Our successful UK platform has proven to be an important part of Nigeria stockbroking and FCMB Group’s global business operations. Business, as well as technical expertise, we welcome this opportunity to serve many of our clients and maximize the benefits of our UK franchise ”.

Speaking on the occasion, the CEO of FCMB Bank (UK) Limited, James Benoit, said, “With the addition of its operations, the bank is now able to receive deposits from all customer groups and provide them with bank loans. helps them meet their financial needs. The products offered include hereby, information storage and fixed reservation accounts at competitive prices; while its lender also includes Buy-to-Let Mortgage Loans which enables the following clients to acquire a share of London and purchase land to participate in their businesses. ”

He added that the Bank is expanding its portfolio and entering into partnerships with Fintech providers to open up solutions for their customers and enhance their banking skills.

Distinguished guests at the event commended the Board and Management of FCMB Group Plc for taking the initiative in ensuring that the organization has more power in the United Kingdom through FCMB Bank (UK) Limited, which can go a long way in promoting the community and business. events between Nigeria and the United Kingdom, thereby enhancing customer skills.

Operating in the City of London, FCMB Bank (UK) Limited started its operations as a BIPRU € 50k cash retailer in September 2009 with CSL Stockbrokers (another subsidiary of FCMB Group Plc), providing “receive and send” customer orders. for Nigerian written protections. Following the reversal of its approval on September 27, 2013, the Bank began operating in a number of divisions.

See photos from the installation below:

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