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Organization: First Bank of Nigeria
LEI 254900O2M53JMNF7U320, SWIFT FBNINGLAXXX

Organization name
First Bank of Nigeria Ltd
Country name
Nigeria
Country of registration
Nigeria
Industry
Banks
Bond debt
350 mln USD

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Profile

First Bank of Nigeria is a Nigerian bank and financial services firm. It is the country's third biggest bank.
At the end of September 2011, the bank had assets totaling approximately US$18.6 billion (NGN:2.9 trillion). The bank's profit after tax, for the nine months ending 30 September 2011 was approximately US$270.2 million (NGN:42.2 billion).
First Bank of Nigeria maintains a subsidiary in the United Kingdom, FBN Bank (UK), which has a branch in Paris. The bank also has representative offices in South Africa and China. In October 2011, the bank acquired Banque International de Credit (BIC), a leading bank in the Democratic Republic of Congo (DRC).

Awards

Participation in transactions


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News

16/02/2024 Fitch Ratings affirms First Bank of Nigeria at "B-" (LT Int. Scale (foreign curr.) credit rating); outlook stable
15/02/2024 Fitch Takes Rating Action on 12 Nigerian Banks Following Naira Devaluation (Rating action commentary)
13/12/2023 Moody's Investors Service revised outlook on First Bank of Nigeria to positive and affirmed at "Caa1" (LT- foreign currency) credit rating
13/12/2023 Moody's Investors Service revised outlook on First Bank of Nigeria to positive and affirmed at "Caa1" (LT- local currency) credit rating
20/09/2023 S&P Global Ratings affirms First Bank of Nigeria at "B-" (Foreign Currency LT credit rating); outlook stable
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Documentation

IFRS/US GAAP reports

2018
II q eng
2017
III q eng
IV q eng
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Codes

  • LEI
    254900O2M53JMNF7U320
  • SWIFT
    FBNINGLAXXX
  • SIC
    6029 COMMERCIAL BANKS, NEC
  • ICB
    8,300 Banks

Credit and ESG Ratings

Macroeconomic Indicators - First Bank of Nigeria

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