FRBA - ファ―スト・バンク （First Bank）

Zenith Bank Plc has shut down some of its branches in the Federal Capital Territory (FCT) and other states following attacks from customers over their inability to withdraw funds from the bank’s Automated Teller Machines (ATMs) and other platforms. The bank has come under criticism from its customers amid the Central Bank of Nigeria’s (CBN) struggle to make the redesigned Naira notes available. A Zenith Bank branch along the Check-Point in Nyanya Mararaba road was under lock and key when customers got to the facility on Tuesday. Many branches of the bank across the country are without the new Naira notes, leaving their disappointed customers to gather in groups to discuss the situation. A recent video recorded inside one of the Zenith Bank branches in the country showed some employees scaling the fence in their bid to escape the wrath of the customers. Also, one of the branches still operating in Enugu warned employees not to dress in Zenith Bank’s uniform to avoid being identified by the public.

In one of the videos cited on social media, a stray bullet hit a youth in the hand, as he was left in the pool of blood. Other youths were seen trying to help him.

As Australians reel from the news of yet another rate hike – which is the ninth one since May last year – they are waiting with bated breath for their bank to pass on the changes.

IDFC First Bank on Saturday said its board has approved allotment of 37.75 crore shares to a subsidiary of IDFC on preferential basis for Rs 2,196 crore. Equity shares of face value of Rs 10 each fully paid-up, on a preferential basis will be issued IDFC Financial Holding Company Limited at a price of Rs 58.18 per unit, including premium of Rs 48.18 per share, IDFC First Bank said in a regulatory filing. The proposal is subject to acceptance of the offer by the board of IDFC and approval of the shareholders of the bank, it said.

In the wake of the cash crunch in the country, a customer collapsed and died at a branch of First Bank in Agbor, Delta state after waiting for several hours to withdraw cash. A photo of the victim that circulated on the internet on Thursday showed him laying flat on the ground surrounded by sympathisers. […] The post New Naira: First Bank Customer Collapses, Dies In Delta Branch appeared first on . .

SOUTHERN PINES, N.C. , March 10, 2022 /PRNewswire/ -- First Bank is excited to announce the first winners of its Project Launch contest. Project Launch, part of the Power of Good, First Bank''s comprehensive social responsibility program, is designed to fund projects that improve or create more educational opportunities in the communities throughout the Carolinas. The year-long contest encourages innovation and creativity and is open to educators, nonprofits, entrepreneurs, and creative thinkers who may need the financial support and a partnership that will help them get their projects off the ground. Winners are selected and announced monthly through the end of the year. The following February winners have been awarded a collective total of $22,800 for their projects. Octavio Perez of Hickory, NC , benefitting third-grade classes at Clyde Campbell Elementary. The goal is to purchase a classroom subscription for a reading app call Novel Effect, which reads books aloud, immersing students into the story producing rich engagement with reading.

The Nigerian capital market rebounded from two consecutive losses on Wednesday, with the equity capitalisation rising by 0.28 percent to end trading with N25.48 trillion. Tuesday’s equity capitalisation was N71.53 billion higher than the N25.41 trillion posted by the bourse the previous day. The All-Share Index was up by 132.74 basis points to close at 47,287.09 compared to 47,154.35 achieved on Tuesday. Investors traded 336.30 million shares valued at N5.86 billion in 5,248 deals on Wednesday. This fell short of the 754.93 million shares worth N3.63 billion investors traded in 4,330 deals the previous day. Presco topped the gainers’ table after netting N10.45kobo to close with N114.95kobo from N104.50kobo per share. Pharmdeko gained N0.18kobo to rise from N1.82kobo to N2 per share. Linkage Assurance’s share was up by 9.80 percent to move from N0.51kobo to N0.56kobo per share. Royal Exchange’s share appreciated by N0.13kobo to move from N1.35kobo to N1.48kobo per share. RT Briscoe’s share price was up by 8.93 percent to end trading with N0.61kobo from N0.56kobo per share.

First Bank head office By KEN EMORDI Facility to strengthen FirstBank’s commitment to gender financing with US$30 million targeted to women-owned and led businesses Partnership will enhance funding to local SMEs to boost growth and promote financial and social inclusion across Nigeria The facility adds US$100 million to CDC/BII’s contribution to the 2XChallenge First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with CDC Group, the UK Government’s development finance institution on a US$100 million finance facility to FirstBank. This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria. The deal will support FirstBank to deliver financial solutions that help to address the challenge of limited access to capital faced by underbanked and underserved groups in the country. As part of the new facility, a minimum of US$30 million will be allocated in the form of credit lines to women entrepreneurs.

Hours after the Zenith Bank, UBA, First Bank, Union Bank as well as a police division in Uromi, Edo State were attacked, the residents are still in fear and unable to go about their businesses. Uromi, the administrative headquarter of Esan North-East Local Government Area of the state and nerve centre of Edo Central Senatorial […]

There have been four bank robbery attacks in Uromi, Esan Northeast Local Government Area of Edo state, Nigeria. Following the report, the robbery happened on Thursday evening 24th February, 2022. The following are the affected banks; Zenith Bank, First Bank, Unity Bank, and United Bank of Africa (UBA). According to eyewitnesses, the gunmen arrived in […] The post Bank Robbery: Two Police Officers And Five Others Shot Dead In Edo appeared first on The News Chronicle .

First Bank of Nigeria Limited has launched an app to improve mobile banking experience for its customers. Called the LIT, the app includes bills payment, fund transfer and airtime recharge, and other features. According to a statement on Friday, the functions of the app include multiple transfers, which allow customers to select several beneficiaries at The post First Bank changes customers experience with new app appeared first on National Daily Newspaper .

By Aduragbemi Omiyale A Lagos State High Court sitting in Ikeja has frozen the assets and funds worth N19.2 billion belonging to Mr Francis Atuche, a former Managing Director of the defunct Bank PHB Plc. The funds are domiciled in 24 different banks in Nigeria, including Citi Bank Limited; Ecobank Nigeria Limited; First Bank of []

India launched the Account Aggregator system on Thursday which promises to consolidate all financial data of users in one place and extend credit services to them based on that information rather than depend on collateral. Four major Indian banksHDFC, ICICI, Axis and IndusIndare currently live on the account aggregator network, which accounts for around 40% of all bank accounts in India, and other banks like SBI, IDFC First Bank, Federal Bank and Kotak Mahindra Bank are in the process of joining the system. Continue reading India launches Account Aggregator system to improve credit access at Entrackr.

Romanian lender First Bank and its US private equity owner JC Flowers will pay just over US$860,000 to settle US allegations they processed almost 100 payments, including trade finance transactions, in violation of sanctions against Syria and Iran. First Bank showed a reckless disregard for Washingtons sanctions regime and did not understand that the scope The post Romanian lender, US investor stung by US over Syria, Iran transactions appeared first on Global Trade Review (GTR) .

SOUTHERN PINES, N.C., Aug. 31, 2021 /PRNewswire/ -- First Bank has been selected by Mastercard for the Doing Well by Doing Good Award in its third annual Mastercard Community Institution Segment Awards. The Doing Well by Doing Good award is being given in recognition of the bank''s "unique