Development Bank recognises FCMB on support for SMEs, Green Projects

First City Monument Bank (FCMB), a leading supporter of small and medium-sized enterprises (SMEs) in Nigeria, 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.

In recognition of these contributions,FCMB was 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.” 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: