First Bank and FBN Insurance, both subsidiaries of the FBN Holdings Plc have being declared as the Best Private Bank in Nigeria and Best Life Insurance Company for the Nigeria market respectively by the World Finance Awards.
According to the World Finance Awards,
First Bank was adjudged winner based on its attention to client services
and its ‘Best in Class’ private banking hubs located in Abuja, Lagos
and Port Harcourt as well as its accelerated pace of growing its market
share and registering 39 percent increase in revenues within a short
span of operation.
Also, the choice of FBN Insurance for the award is in recognition of its
innovative deployment of risk management solutions and operational
standards such as good, global insurance best practices, strong and
decisive management, financial figures/performance, operational
efficiency and effectiveness, quality employee management and good
customer retention rate, alongside a multinational support on risk solutions through an unequaled global network of the Sanlam Group of South Africa.

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