First City Monument Bank Ltd

In brief

First City Monument Bank Ltd is among Nigeria's ten biggest commercial banks. It finances retail, micro, SME, and corporate clients. It has about 2,300 employees, a loan portfolio of USD 1.8 billion, and about 6 million customers. The bank's strategic goal is to grow its SME (including agri) and retail portfolio, which will facilitate financial inclusion among underserved clientele. The Bank has in-house and client-focused incentives and programmes to support and encourage female participation in employment and entrepreneurship. The purpose of the financing is to enable the execution of the bank's growth strategy by strengthening the bank’s capital base.

Main development impact

Investment details

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