Connect With Us

 

Financial Press Releases

Date Title and Summary
07/26/19 FCMB Group Plc Announces HY19 Results
04/26/19 FCMB Group Plc Announces 1Q19 Results
03/29/19 FCMB Group Plc Announces FY18 Results
11/30/18 FCMB Group Plc Announces 9M18 Results
07/27/18 FCMB Group Plc Announces HY18 Results
04/27/18 FCMB Group Plc Announces 1Q18 Results
04/04/18 FCMB Group Plc Announces FY17 Results & Proposed Dividend
11/24/17 FCMB Group Plc Announces 9M17 Results
11/21/17 FCMB Group Plc concludes acquisition of additional stake in Legacy Pension Managers Limited
10/26/17 FCMB Group Plc Announces Commencement of the Bank’s Interim Audit & November End for its 9M17 Results
10/23/17 FCMB Group Plc Announces Proposed Acquisition of Additional Stake in Legacy Pension Managers Ltd
07/28/17 FCMB Group Plc Announces HY17 Unaudited Results
04/27/17 FCMB Group Plc Announces 1Q17 Results
03/28/17 FCMB Group Plc Announces FY16 Results & Proposed Dividend Payment
11/24/16 FCMB Group Plc – Q316 Unaudited Results
11/24/16 FCMB Group Plc Announces Q316 Unaudited Results
07/29/16 FCMB Group Plc Announces HY16 Unaudited Results
07/29/16 FCMB Group Plc – HY16 Unaudited Results
04/29/16 FCMB Group Plc Announces 1Q16 Unaudited Results
03/29/16 FCMB Group Plc Announces FY15 Audited Results & Dividend Payment
01/29/16 FCMB Group Plc Announces 3Q15 Results
01/15/16 FCMB Group Plc: Interim Audit Update’
10/23/15 FCMB Group Plc Announces a Delay in the Release of its Nine-Months 2015 Results, due to its Interim Audit
07/29/15 FCMB GROUP PLC ANNOUNCES HY 2015 (Unaudited) RESULTS
04/27/15 FCMB GROUP PLC ANNOUNCES 1Q 2015 (Unaudited) RESULTS
03/23/15 FCMB GROUP PLC ANNOUNCES FY 2014 (Audited) RESULTS & PROPOSED DIVIDEND PAYMENT
10/29/14 FCMB GROUP PLC ANNOUNCES 3Q 2014 (Unaudited) RESULTS
07/25/14 FCMB GROUP PLC ANNOUNCES HY 2014 (Unaudited) RESULTS
05/04/14 FCMB GROUP PLC ANNOUNCES 1Q 2014 (Unaudited) RESULTS
03/28/14 FCMB GROUP PLC ANNOUNCES FY 2013 (AUDITED) IFRS-COMPLIANT GROUP RESULTS & PROPOSED DIVIDEND PAYMENT
10/30/13 FCMB GROUP PLC ANNOUNCES UNAUDITED IFRS-COMPLIANT GROUP RESULTS FOR THE NINE-MONTHS ENDED 30 SEPTEMBER 2013
07/31/13 FCMB GROUP PLC ANNOUNCES UNAUDITED IFRS-COMPLIANT GROUP HY 2013 RESULTS
06/26/13 FCMB ANNOUNCES FINAL IMPLEMENTATION OF HOLDING COMPANY STRUCTURE: FCMB GROUP PLC
04/29/13 FCMB ANNOUNCES FY12 (AUDITED) & 1Q13 (UNAUDITED) IFRS-COMPLIANT GROUP RESULTS
02/22/13 PRESIDENT JONATHAN COMMENDS FCMB ON THE FINANCING OF THE EKO ATLANTIC PROJECT
12/10/12 SHAREHOLDERS GRANT APPROVAL FOR FCMB HOLDCO STRUCTURE
10/29/12 FCMB ANNOUNCES Q3 2012 CONSOLIDATED RESULTS
10/23/12 NIGERIAN FEDERAL HIGH COURT APPROVES FCMB/ FINBANK MERGER
09/25/12 SHAREHOLDERS OVERWHELMINGLY APPROVE FCMB FINBANK MERGER
09/21/12 SCHEME OF MERGER BETWEEN FCMB & FINBANK
09/20/12 NOTICE OF COURT ORDERED MEETING OF FCMB
07/30/12 FCMB ANNOUNCES HY 2012 IFRS-COMPLIANT CONSOLIDATED RESULTS
05/02/12 FCMB ANNOUNCES Q1 2012 IFRS-COMPLIANT CONSOLIDATED RESULTS
03/19/12 FCMB ANNOUNCES FY 2011 RESULTS
03/16/12 FCMB FY 2011 PROFIT WARNING HIGHLIGHTS
03/15/12 FCMB PLC PROFIT WARNING FOR FY 2011
12/05/11 FCMB, FINBANK MERGER NEARS COMPLETION
10/31/11 FCMB ANNOUNCES Q3 2011 RESULTS
07/25/11 FCMB Announces HY 2011 Results
07/20/11 FCMB AND FINBANK SIGN TRANSACTION IMPLEMENTATION AGREEMENT
05/05/11 FCMB AND FINBANK ANNOUNCE PROPOSED COMBINATION
04/28/11 FCMB ANNOUNCES Q1 2011 RESULTS
04/03/11 FCMB ANNOUNCES FY 2010 AUDITED RESULTS - AMENDED VERSION
02/24/11 FCMB APPOINTS NEW EXECUTIVE DIRECTOR FOR INSTITUTIONAL BANKING DIVISION
February 22, 2011: First City Monument Bank (FCMB) Plc has announced the appointment of Olufemi Bakre as the new Executive Director responsible for Institutional Banking Division, of the bank. Olufemi has a wealth of experience in the banking industry spanning 22 years, of which 12 years was spent
02/23/11 FCMB AND OTHERS FACILITATE AFREN'S $450 MILLION NOTES OFFER
February 16, 2011: Afren Plc, a public limited company incorporated under the laws of England & Wales and listed on the Main Market of the London Stock Exchange (NSE), has successfully completed a Notes Issuance of $450million 11.5% Senior Secured Notes due 2016.
02/08/11 FCMB AND EKITI STATE TO COLLABORATE ON DEVELOPMENT PROJECTS - 8 FEBRUARY 2011
Friday, February 08, 2011: First City Monument Bank (FCMB) Plc is to collaborate with Ekiti State Government through its contractor finance programme with the sum of N40 billion already earmarked for disbursement to the scheme. The bank has also reiterated its interest in assisting Ekiti State
01/27/11 FCMB LEADS IN A LANDMARK TRANSACTION AS HELIOS ACQUIRES INTERSWITCH - 27 JANUARY 2011
Lagos January 27, 2011: Helios Investment Partners, a leading private equity firm, has acquired a majority stake in Interswitch Limited, the largest transaction switching and electronic payment processing service provider in Nigeria and owner of the leading card scheme, Verve.
11/29/10 IFC INVESTS IN FIRST CITY MONUMENT BANK TO SUPPORT GROWTH, SME FINANCING - 29 NOVEMBER 2010
Lagos, Nigeria, November 29, 2010 — IFC, a member of the World Bank Group, today announced a $70 million investment in First City Monument Bank Plc to support the Nigerian bank’s growth strategy and help it increase financing of small and medium enterprises.
11/25/10 FCMB PREFUNDED MASTERCARD AND CREDIT CARDS ACCEPTED ON AMAZON.COM - 25 NOVEMBER 2010
First City Monument Bank Plc (FCMB) MasterCard Prefunded and Credit cards are accepted for online purchases on www.amazon.com with local delivery addresses in Nigeria. Amazon.com offers the widest array of online merchants offering different items such as books, movies, music, games, digital
10/28/10 FCMB ANNOUNCES ITS RESULTS FOR THE 9 MONTHS ENDED 30 SEPTEMBER 2010 - 28 OCTOBER 2010
LAGOS, NIGERIA – 28 OCTOBER 2010 – First City Monument Bank PLC (Bloomberg: FCMB NL ) announces its results for the 9 months ended 30 September 2010. The Group profit before tax for the 9-month period ended September 2010 grew to N6.1bn from N0.3billion for the same period previous year.  The
10/01/10 FCMB JOINS THE WORLD TO CELEBRATE CUSTOMER SERVICE WEEK - OCTOBER 2010
As service-oriented organizations around the world mark this year’s Customer Service Week, First City Monument Bank Plc (FCMB) has announced it is using this opportunity to appreciate the patronage and relationship it has shared with its esteemed customers over the years.
10/01/10 FCMB PARTNERS CORNERSTONE INSURANCE TO EASE TRAVEL PROCESS - OCTOBER 2010
First City Monument Bank Plc (FCMB) and Cornerstone Insurance Plc are set to give the Nigerian public added travel benefits via a low-priced (promotional offer) travel and health insurance policy. The policy which is currently available from Cornerstone Insurance and specially discounted for FCMB
09/01/10 GOV. ALAO-AKALA COMMENDS FCMB ON DEVELOPMENT OF OYO STATE - SEPTEMBER 2010
The Executive Governor of Oyo State, Otunba (Dr) Christopher Adebayo Alao-Akala has commended First City Monument Bank Plc (FCMB) for its positive contributions towards the economic emancipation of the people of the state. Governor Alao-Akala made the commendation at the commissioning of the FCMB
07/23/10 FCMB REPORTS HY 2010 (UNAUDITED) RESULTS - 23 JULY 2010
First City Monument Bank Plc Unaudited Results for the 6 months ended 30 June 2010 FIRST CITY MONUMENT BANK, PLC REPORTS PROFIT BEFORE TAX OF NGN 3.5 BILLION, AND IMPROVING UNDERLYING RESULTS, FOR THE 6 MONTHS ENDED 30 JUNE 2010   LAGOS, NIGERIA – 23 JULY 2010 – First City Monument Bank PLC
07/16/10 S&P REAFFIRMS FCMB’S CREDIT RATING - 16 JULY
The First City Monument Bank plc has had its B+/B long term and short term global scale counterparty credit rating, as well as, its Nigeria national scale rating of ngA- reassigned and reaffirmed by Standard & Poor’s (S&P), the foremost international credit rating agency.
07/02/10 GOV. ISA YUGUDA COMMENDS FCMB ON COMMITMENT TO CLEANER ENVIRONMENT - JUNE 2010
…As Lagos State Confers Environment Ambassador Emeritus on GMD Bauchi State Government has commended First City Monument Bank Plc (FCMB) on its nationwide awareness campaign on the environment tagged ‘Committed -To –Green’ (C2G). Committed-To-Green is the bank’s corporate social responsibility
06/01/10 FCMB AND ACCA PARTNER TO PROFFER PAYMENT SOLUTIONS - JUNE 2010
First City Monument Bank (FCMB) Plc has entered into an alliance with the Association of Chartered Certified Accountants (ACCA) Nigeria to address payment challenges experienced by local students when making online payments to ACCA’s parent body in the United Kingdom.
05/27/10 CSR: 5,000 PUPILS BENEFIT FROM FCMB FREE EYE SCREENING - MAY 2010
As Nigerian children prepare for the celebration of this year’s National Children’s Day, First City Monument Bank Plc (FCMB) in partnership with Tulsi Chanrai Foundation (a non-governmental organization) and the Otunba Tunwase National Paediatric Centre (OTNPC), Ijebu-Ode, have
05/18/10 FCMB REPORTS FYE 2009 & Q1 2010 RESULTS - 18 MAY 2010
04/01/10 CSR: CHARITIES BENEFIT FROM FCMB STAFF MATCH 4 MATCH DONATIONS - APRIL 2010
Sixteen charities and community development groups across the country have benefitted from the First City Monument Bank Plc (FCMB) staff Match4Match initiative. Match4Match is an FCMB Corporate Social Responsibility scheme which empowers the bank’s staff to carry out community development and
02/12/10 AFRICAN FAITH LEADERS STAND UP AGAINST CLIMATE CHANGE- 12 FEBRUARY 2010
African Faith Leaders have committed to taking proactive roles by helping educate members on the critical task and responsibilities all must play to safeguard the environment. The Faith Leaders made this commitment at the end of a two-day inter faith forum in Abuja, Nigeria on climate change for
01/20/10 HELIOS TOWERS NIGERIA (HTN) CLOSES ON A $250 MILLION IFC-LED FINANCING - 20 JANUARY 2010
On 29th December 2009, Helios Towers Nigeria (“HTN”), Nigeria’s leading and foremost telecommunications infrastructure sharing/co-location and managed services provider closed and funded a $250 million facility, which was structured and arranged by the International Finance
12/16/09 FCMB RELEASES 2008/09 FINANCIAL YEAR REPORTS - 16 DECEMBER 2009
View the release in PDF format . FCMB Holds Annual General Meeting (AGM) and Releases the 2009 Financial Year Reports.
11/19/09 FCMB, LEAP TRAIN SME CUSTOMERS IN BUSINESS LEADERSHIP - 17 NOVEMBER 2009
First City Monument Bank Plc (FCMB) in partnership with LEAP (a non-governmental organization) has commenced a business leadership training programme for the bank’s SME customers across the country. This is in furtherance of the bank’s continued commitment to supporting customers in
11/09/09 FCMB STATEMENT ON FY 2008/09 AUDITED RESULTS, Q1 2009 & Q2 2009 RESULTS
View the release in PDF format . FCMB Plc releases its financials for the year ended April 2009 and two subsequent quarters up to October 31st 2009. The bank declared profit before tax of N4.8 billion for FYE April 2009 and a year to date loss of N479 million for six months ended October 2009.
08/19/09 STATEMENT ON DATE FOR RELEASE OF FY 2008/09 RESULTS - 19 AUGUST 2009
View the release in PDF format . Dear all, In light of the ongoing and much welcomed special audit of banks by the Central Bank of Nigeria, we regret to inform our shareholders and other interested parties that we will need to delay the release of our FY 2008/09 results, pending CBN-approval.
08/10/09 FCMB NAMED BEST TELECOM SUPPORTING BANK OF THE YEAR 2009 - 10 AUGUST 2009
First City Monument Bank Plc (FCMB) has been named the “Best Telecom Supporting Bank in Nigeria” for the year 2009 at the Nigerian Annual Telecoms Awards. The award which according to the organizers is given annually to a Nigerian bank which has shown strong commitment and support to the telecoms
07/10/09 FCMB MAINTAINS S&P’S B+/B AND STABLE OUTLOOK RATINGS - 10 JULY 2009
View the release in PDF format . Standard & Poor's (S&P) Ratings Services has assigned its A-/A-2' long and short-term Nigeria national scale ratings to First City Monument Bank Plc (FCMB) effective May 2009. Despite the global financial sector turbulence, the international rating agencyalso
05/19/09 FCMB BOSS SEEKS IMPROVED FUNDING OF ICT SECTOR – 19 MAY 2009
View the release in PDF format . THE Group Managing Director/Chief Executive of First City Monument Bank Plc (FCMB) Ladi Balogun has called for more funding of the Information and Communications Technology (ICT) sector of the economy, in order for it to grow significantly.
05/08/09 FINANCIAL MELTDOWN: NIGERIAN BANKS REMAIN ON GROWING CURVE – FCMB COO – 8 MAY 2009
View the release in PDF format . Despite the global financial meltdown and the consequent confidence crisis that has rocked the financial industry, the banking industry in Nigeria remains the engine of growth, Anurag Saxena, Chief Operating Officer, First City Monument Bank Plc (FCMB) has said.
03/13/09 FCMB Q3 2008/09 RESULTS: EXPLANATION FOR CONFUSING LAY-OUT - 13 MARCH 2009
View the release in PDF format . Good evening all, Ahead of our intention to publish our Q3 2008/09 Results in the national newspapers and on our IR website on Monday 16 March 2009, the NSE released the results, as is now common-place, as soon as they had granted approval, yesterday, Thursday 12
03/04/09 FCMB APPOINTS NEW EXECUTIVE DIRECTOR – 4 MARCH 2009
View the release in PDF format. First City Monument Bank Plc (FCMB) has announced the appointment of Nabeel Malik as the new executive director in charge of Retail Banking. Nabeel joined FCMB from Mashreq Bank, Dubai, United Arab Emirates where he was a Senior Vice President responsible for
11/25/08 FIRST CITY MONUMENT BANK, PLC REPORTS 90% INCREASE IN PROFIT BEFORE TAX TO US$103 MILLION - 25 NOVEMBER 2008
09/01/08 FCMB APPOINTS NEW EXECUTIVE DIRECTOR - SEPTEMBER 2008
View the release in PDF format . First City Monument Bank Plc (FCMB) has announced the appointment of Peter Obaseki as the new Executive Director in charge of Corporate Banking.   Peter Obaseki joined FCMB in May 1997as the Financial Controller and was in the team that transformed the bank into a
08/28/08 FIRST CITY MONUMENT BANK, PLC REPORTS 167% INCREASE IN PROFIT AFTER TAX TO US$ 125 MILLION LAGOS, NIGERIA – 28 AUGUST 2008
View the release in PDF format . FCMB SUSTAINS MARKET-LEADING GROWTH AND EFFICIENCY; attains N20.5 billion in full-year profits, proposes 50k dividend First City Monument Bank Plc (FCMB) closed its 2007/8 financial year, recording a 171% increase in Profit before Tax from N7.6 billion in 2007 to
07/22/08 FCMB AND INTL CONSILIUM PARTNER TO CREATE $100M AFRICA AND MIDDLE EAST FUND
First City Monument Bank Plc, Nigeria (FCMB) and INTL Consilium LLC, Florida, USA has announced a partnership to launch a US$100 million hedge fund investing in Africa and the Middle East. A statement jointly issued by FCMB and INTL Consilium said the fund tagged Legacy Africa Alpha Fund will
05/22/08 STANDARD & POORS’ ASSIGNS HIGH CREDIT RATINGS OF B+/B TO FCMB – 22 MAY 2008
First City Monument Bank one of Nigeria's fastest growing universal banks, on Thursday 22 May reported that it has been assigned ‘B+/B‘ long term and short term counterparty credit ratings by Standard & Poor’s (S&P) Speaking from London Ladi Balogun, CEO of FCMB commented that “we feel the rating
02/27/08 FCMB DEMONSTRATE LEADING ROLE IN NIGERIAN OIL AND GAS FINANCE – 27 FEBRUARY 2008
Lagos, Monday 27th February 2008; First City Monument Bank is leading a new wave of investment in the oil and gas sector in Nigeria as local investment and local content in the sector increases. The consolidation of Nigeria’s banking sector and the resulting explosion in bank’s balance sheets has
02/25/08 FCMB PUBLIC OFFER RECORDS FASTEST TURNAROUND – 25 FEBRUARY 2008
FCMB Public Offer Records Fastest Turnaround Lagos, Monday 25th February 2008; First City Monument Bank, one of Nigeria’s largest financial institutions has recorded the fastest ever completion of a public offer and GDR by a Nigerian bank. On February 6th, 2008 FCMB successfully secured approval
01/31/08 FCMB GROSSES N35.9 BILLION IN 9 MONTHS, …MAINTAINS STRONG PROFITABILITY MARGIN.
First City Monument Bank Plc (FCMB) has announced gross revenue earnings of N35.86 billion for the nine months period ended 31 January 2008. This represents 104 percent growth from N17.54 billion recorded in the prior year period. The bank also maintained an industry leading operating profitability
01/01/08 FCMB DEPLOYS NOVEL CENTRAL PROCESSING CENTRE, FIRST IN AFRICA TO IMPROVE SERVICE EFFICIENCY
The bars of competition in the Nigerian banking industry has once again been raised as First City Monument Bank Plc (FCMB) successfully deploys a novel and highly revolutionary Central Processing Centre (CPC), aimed at further enhancing service efficiency and delivery across its entire branch
12/31/07 FCMB TO LAUNCH PAN-AFRICAN HEDGE FUND …AS BOARD APPROVES ACQUISITION OF CSL GROUP
As part of plans to expand its business activities, First City Monument Bank Plc (FCMB) has announced a three-level investment that will significantly strengthen the bank’s wealth and asset management businesses. Prominent among these arrangements, the bank disclosed, include the launching of a
12/28/07 THE FUNDAMENTALS OF FCMB N100BN OFFER
First City Monument Bank plc has concluded plans to raise the sum of N100 billion from the capital market. The offer is scheduled to open on Monday October 9, 2007 after a completion board meeting in Lagos. The fundamentals of the bank are highlighted as follows; Background First City Monument Bank
12/23/07 FCMB EXPANDS BOARD, EMPLOYS FORMER BARCLAYS BANK DIRECTOR AS COO
First City Monument Bank Plc (FCMB) has expanded its management composition and Board of Directors to include some internationally acclaimed banking professionals in the light of recent international partnerships signed with Sabre Capital Worldwide and global expansionary strategy being embarked
12/23/07 FCMB SHAREHOLDERS COUNT REACHES 100,000 AND COUNTING...
Major ownership now in the hands of individual investors and private institutions The shareholding structure of First City Monument Bank Plc (FCMB), which started as a privately owned merchant bank in 1983, has been widely diversified, with majority ownership now in the hands of individual
12/22/07 FCMB, SABRE CAPITAL PARTNER TO CHANGE FACE OF CONSUMER BANKING IN NIGERIA
First City Monument Bank (FCMB) Plc, one of Nigeria’s fastest growing banks is partnering with Sabre Capital Worldwide, a specialist financial services private equity and management firm, in an effort that will change the face of consumer banking in Nigeria.
12/21/07 FCMB SHORES UP DEPOSITORS' CONFIDENCE...
Grows deposit by 162% in nine months First City Monument Bank (FCMB) Plc, one of Nigeria’s foremost deposit money banks has continued to shore up depositors’ confidence as it grows deposit liability by 162 percent in the last nine months. A review of the bank’s nine-month financial report recently
12/20/07 GCR GIVES FCMB PLC A+/A1 RATING
Global Credit Rating Company (GCR), a leading global rating agency has assigned an A plus (A+) long-term and an A one (A1) short-term rating to First City Monument Bank PLC. This confirms First City Monument Bank’s short and long-term favourable outlook.
12/20/07 FCMB and HSBC SIGN PLACEMENT STRUCTURED DEBT DEAL, FOR US $100 million
HSBC Bank plc has successfully executed a ‘landmark’, privately placed, non-secured structured debt instrument totalling US$100 million with First City Monument Bank (FCMB) Nigeria. This is the first agreement of its kind with an African bank in the international capital markets.
12/19/07 N10 BILLION DIRECT FOREIGN EQUITY INVESTMENT FLOWS INTO FCMB...
Investors include Helios, CDC, OPIC and Top US based Investment Funds A club of leading international institutional investors led by Helios Investment Partners last Thursday crossed a block trade in the shares of First City Monument Bank Plc (FCMB) acquiring 1,5billion shares, representing 15.81
12/18/07 FCMB SIGNS WIDE-RANGING STRATEGIC MEMORANDUM OF UNDERSTANDING WITH SABRE CAPITAL WORLDWIDE
FCMB last Wednesday, signed a memorandum of understanding to form a strategic partnership with Sabre Capital Worldwide – a specialist financial services private equity and management firm, led by experienced and prominent emerging markets bankers. This wide-ranging agreement will include Sabre
07/12/07 FCMB TAKES PRESTIGIOUS EUROMONEY AWARD: EMERGES BEST INVESTMENT BANK IN NIGERIA – 12 JULY 2007
In confirmation of its international and superior capital market offerings, First City Monument Bank Plc under its investment banking arm - FCMB Capital Markets Limited, has received the Euromoney Global Award as the “Best Investment Bank in Nigeria” for the year 2007.