FBN Holdings’ deposits from customers grew by 24.42 per cent to N13.27tn in the first quarter of 2024 compared to N10.66tn at the end of 2023.
This was highlighted as the bank launched its new corporate campaign titled ‘Giants In You’ in Lagos recently.
According to its unaudited consolidated financial statements for the period ended March 31, 2024, FBN Holdings reported growth across all the segments of deposits from customers; current, savings, term, domiciliary and electronic purse.
In the period under review, the financial institution, which has been operating in the country for 130 years, saw its total assets rise by over N4.65tn in three months to N21.58tn from N16.94tn in December.
FBN Holdings profits at the end of the first quarter stood at N208.11bn, about 315.78 per cent higher than N50.05bn in the same period in the previous years.
Speaking at the unveiling of the ‘Giants in you’ campaign, the Head of Brand and Stakeholder Management at FirstBank, Yinka Ijabiyi, stated that the bank had consistently sought to empower its customers over its 130 years of operations.
He said, “For an institution to have been around for that long in an unbroken manner, we have been off and then come back, we have been around for 130 years, it is worthy of celebration and applause.
