The FCMB Group has recently received recognized for two of its subsidiaries in retail banking.
This recognition was at the BusinessDay Banking Awards held in Lagos where First City Monument Bank emerged as the “Most Improved Retail Bank in Nigeria” and the “Best Managed Fund in Equity” respectively.
According to a statement by the Group as reported in Punch, the financial services company said the development was a testimony that the initiatives being driven by the subsidiaries in the areas of service, products offering, operations and value addition to enhance customer experience were yielding the desired results.
While FCMB is the retail, commercial and corporate banking arm of the group, First City Asset Management Limited is the investment management services arm of CSL Stockbrokers Limited, another subsidiary of the group.
The BusinessDay Banking Awards, organised annually by BusinessDay, identify, acknowledge and commend those who have contributed tremendously to the nation’s banking sector and the growth of the nation’s economy in each financial year, according to the group.