Development Bank recognises FCMB for supporting SMEs,green projects

FCMB has been honoured by the Development Bank of Nigeria (DBN) at its 2023 Service Ambassadors Awards in Lagos.

The bank received accolades as the “Deposit Money Bank with the Highest Impact in the DBN Focus States” and “Participating Financial Institution with the Highest Disbursement to Green Projects.”

First City Monument Bank (FCMB) has extended credit totalling N1.343 trillion to over 98,000 SMEs across diverse sectors since 2018.

This includes N3 billion in credit disbursed to over 50 firms promoting clean energy solutions.

These awards underscore FCMB’s commitment to impactful lending, actively driving economic growth and job creation across Nigeria.

Commenting on the awards, Mrs. Yemisi Edun, the Managing Director of FCMB, said: “We are honoured to be recognised as the Deposit Money Bank with the Highest Impact in the DBN Focus States and the Participating Financial Institution with the Highest Disbursement to Green Projects.

Our partnership with the Development Bank of Nigeria empowers SMEs to scale up and contribute significantly to Nigeria’s economic development. These awards affirm our commitment to meeting the expectations of our customers and the broader business community.”