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Nairametrics
Home Companies Company News

FCMB says it will dispense “20,000 new loans every month”

Nairametrics by Nairametrics
April 21, 2015
in Company News
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THE FCMB Group Plc has assured that the bank would embrace new business opportunities in order to enhance profitability and increase shareholders’ value in 2015 financial year.

  • The Managing Director, FCMB Group Plc, Peter Obaseki, disclosed this at the company’s ‘facts behind the figures’ at the Nigerian Stock Exchange (NSE) in Lagos recently.
  • Obaseki said that the company would be committed to operational efficiencies and value creation in spite of the slow outlook expected in the financial institutions in 2015.
  • He pointed out that 2015 financial year would be a difficult naira depreciation and drop in oil prices at the international markets, but however, added that the bank would be committed to cost optimization and efficiency to increase shareholders value.
  • Obaseki said that FCMB was one of the only two financial institutions in the country permitted to have a pension fund administrator subsidiary by Central Bank of Nigeria (CBN).
  • Balogun said that the bank would emerge as one of the most relevant financial services brands in the country in a near future. He stated that the bank would acquire 50,000 new customers and as well dispenses 20,000 new loans every month.
  • Source Guardian

 

Tags: fcmbOil & Gasoil price
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