FirstBank, Nigeria’s premier financial institution and financial
inclusion services provider, was announced as the Best Corporate Bank at the recent
prestigious Euromoney Awards for Excellence, Nigeria 2023.
The Bank clinched the coveted award based on its 130-year commitment to enabling its
corporate customers achieve success through relevant and tailored financial solutions.
FirstBank’s continuous investment in technology has been crucial to its leading industry role in
optimally meeting the needs of its corporate customers. Recent investments in technology
include the development of its smart and interactive Transaction Banking Platform known as
FirstDirect2.0.
FirstDirect2.0 provides a one-stop shop online banking platform for corporates, offering best-in-
class capabilities such as Payments, Collections, and Account Services, and a locally focused
phased implementation of Trade and Supply Chain Finance – a first for the Bank.
The platform offers customers various solutions for corporate cash management (Payments,
Collections and Liquidity Management). It will also deliver end-to-end trade solutions for
corporate clients covering L/C creation, tracking, bidding and reconciliations.
The Bank’s Corporate Banking model is focused on ensuring that its clients get the same quality
of service across the Bank’s geographical locations. The execution of this approach through the
deployment of the Global Account Management (GAM) Framework, implemented to enhance
cross-relationship management tailored to Customers with a Pan African footprint.
Dedicating the awards to its customers, Dr Adesola Adeduntan, CEO FirstBank Group said:
“We are thrilled to announce that we have been recognised as the Best Corporate Bank in
Nigeria at the Euromoney Awards for Excellence 2023.
“We say a heartfelt thank you to all our incredible customers for trusting us. This award is
dedicated to YOU,” he concluded.
According to Euromoney, the “Awards for Excellence” – is the definitive annual awards
programme of the global banking industry. The awards represent the highest distinction to the
banks and bankers who matter most in an industry where differentiation is highly sought after
and exceptionally difficult to demonstrate.”
“For over 30 years, Euromoney has recognised the banks and that have demonstrated their
differentiation, pioneering a comprehensive awards programme that today remains the industry
benchmark globally, it concluded.”
Amongst other awards, FirstBank recently added to its awards kitty, Best Corporate Bank
Western Africa, 2023, by Global Banking and Finance; Best Internet Banking in Nigeria, 2023 by
International Business Awards; the Most Innovative Banking Brand in Nigeria by Global Brands
Awards as well as the Financial Institution of the Year 2023 by Afreximbank Pan-African
Business and Development.
