FirstBank, the West African premier financial institution and financial inclusion services provider announces its continuous VISA Cross Border and Summer campaign in partnership with VISA. The campaign, which commenced on 1 April 2024, is set to run until 31 August 2024 as a rewarding initiative for existing VISA Gold and VISA Infinite cardholders and prospective customers.
Throughout the campaign, 502 lucky Visa Infinite and Visa Gold cardholders will win $50 gift vouchers. 2 cardholders will enjoy an all-expense-paid trip for two to the Olympic Games in Paris, France. The promo offers an excellent opportunity for cardholders to enjoy the premium benefits of using their FirstBank VISA cards while standing a chance to win fantastic rewards.
To qualify for this exciting offer, Visa Infinite and Visa Gold cardholders must spend $500 and above in at least six transactions during the campaign period.
Speaking on the promo Chuma Ezirim, the Group Executive E-Business and Retail Products, FirstBank said, âWe are excited to reward our loyal customers and users of FirstBank Visa Infinite and Visa Gold cards, whilst also welcoming new customers through this campaign. This promo underscores our commitment to reward our customers with innovative and impactful offerings designed to enhance their banking experience.
âWe appreciate Visa for the partnership as we deliver value and create memorable experiences for our customers.â
The FirstBank Visa Gold card is an international premium credit card issued in partnership with Visa International. It is a US Dollar-denominated card secured by chip and PIN technology, ensuring both convenience and security for users.
On the other hand, the FirstBank Visa Infinite card is the pinnacle of the Visa card range, targeted at High-Net-Worth Individuals. This card offers an extraordinary selection of exclusive travel, dining, shopping, and lifestyle opportunities, providing unparalleled benefits to its holders.
About FirstBank
First Bank of Nigeria Limited âFirstBankâ, established in 1894, is the premier bank in West Africa, one of the leading financial inclusion service providers in Africa, and a digital banking giant.
FirstBankâs international footprints cut across three continents- Africa, Europe and Asia, with FirstBank UK Limited in London and Paris; FirstBank in The Democratic Republic of Congo, The Gambia, Guinea and Sierra Leone; FBNBank in Ghana and Senegal; and a FirstBank Representative Office in Beijing, China. All the subsidiary banks are fully registered by their respective Central Banks to provide full banking services.
Besides providing domestic banking services, the subsidiaries also engage in international cross-border transactions with FirstBankâs Non-Nigerian Subsidiaries and the representative offices in Paris and China facilitate trade flows from Asia and Europe into Nigeria and other African countries.
For 130 years, FirstBank has built an outstanding reputation for solid relationships, good corporate governance, and a strong liquidity position, and has been at the forefront of promoting digital payment in the country with over 13 million cards issued to customers (the first bank to achieve such a milestone in Nigeria). FirstBank has continued to make significant investments in technology, innovation and transformation, and its cashless transaction drive has been steadily accentuated with almost 23 million active FirstBank customers signed up on digital channels including the USSD Quick Banking service through the nationally renowned *894# Banking code.
With over 42 million customer accounts (including digital wallets) spread across Nigeria, UK and sub-Saharan Africa, the Bank provides a comprehensive range of retail and wholesale financial services through more than 800 business offices and over 233,500 agent locations spread across 772 out of the 774 Local Government Areas in Nigeria.
In addition to banking solutions and services, FirstBank provides pension fund custody services in Nigeria through First Pension Custodian Nigeria Limited and nominee and associated services through First Nominees Nigeria Limited.
FirstBankâs commitment to Diversity is shown in its policies, partnerships and initiatives such as its employeesâ ratio of female to male (about 39%:61%; and 32% women in management) as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organisation. In addition, the Bankâs membership of the UN Women is an affirmation of a deliberate policy that is consistent with UN Womenâs Women Empowermentâs Principles (WEPs) –Â Equal Opportunity, Inclusion, and Nondiscrimination.
For six consecutive years (2011 – 2016), FirstBank was named âMost Valuable Bank Brand in Nigeriaâ by the globally renowned The Banker Magazine of the Financial Times Group and âBest Retail Bank in Nigeriaâ eight times in a row, 2011 – 2018, by the Asian Banker International Excellence in Retail Financial Services Awards.
Notably, in 2022, the Bank took a long stride on its growth trajectory with the Bankâs Viability and Long-Term Issuer Default Ratings upgraded to âBâ from âB-â (with Outlooks Stable) by Fitch, a leading global rating agency. This is an indication of the Bankâs strong internal capital generation and corresponding recession of its risks to capitalisation. Fitch also upgraded the Bankâs National Long-Term Ratings to âA (nga)â from âBBB (nga)â, to reflect its improved creditworthiness relative to that of other issuers in Nigeria. Furthermore, the Top 100 African Bank rankings 2022 released by The Banker Magazine revealed FirstBankâs ranking as number one in Nigeria in terms of Overall Performance, Profitability, Efficiency and Return on Risk.
Other laudable feats in 2022 include FirstBankâs international recognitions on major indices by Euromoney Market Leaders, an independent global assessment of the leading financial service providers where FirstBank was crowned:
Market Leader: (tier-1 recognition) in Corporate and Social Responsibility (CSR),
Market Leader: (tier -1 recognition) Environmental, Social and Governance (ESG),
Highly Regarded: in Corporate Banking and Digital Solutions,
Notable: In SME Banking.
Also, in 2022 International Finance Magazine named the Bank âMost Innovative Banking Product in Nigeriaâ and âBest Retail Bank in Nigeriaâ. FirstBank was also awarded âBest Corporate Banking Western Africa, 2022â and âBest CSR Bank Western Africa, 2022ââ by Global Banking and Finance Magazine. Other notable awards in FirstBank coffers include: âBest Bank in Nigeriaâ by Global Finance magazine – fifteen times in a row; âBest Private Bank in Nigeria-2021â awarded by Global Finance magazine; âBest Internet Banking Nigeriaâ and ââBest CSR Bank Africaââ by International Business Magazine.
In 2023, FirstBank has received notable awards including âBest Private Bank for Sustainable Investing in Africa 2023â by Global Finance Awards; âBest Sustainable Bank in Nigeria 2023â by International Investors Awards; âBest Bespoke Banking Services in Nigeria 2023â by International Investors Awards; âBest Financial Inclusion Service Provider in Nigeria 2023â by Digital Banker Africa; and âAfrican Bank of the Yearâ by African Leadership Magazine; ââBest Corporate Bank in Nigeria 2023ââ by Euromoney Awards and ââMost Innovative Banking Brand – Nigeria 2023ââ by Global Brands Award.
Other laudable feats in 2023 include FirstBankâs international recognitions on major indices by Euromoney Market Leaders, an independent global assessment of the leading financial service providers where FirstBank was crowned:
Market Leader: (tier-1 recognition) in Corporate Banking,
Market Leader: (tier -1 recognition) in Digital Solutions,
Highly Regarded: Corporate and Social Responsibility (CSR),
Highly Regarded: Environmental, Social and Governance (ESG),
Notable: In SME Banking.
Significantly, FirstBankâs Global Credit Rating was A+ with a positive outlook while ratings by Fitch and Standard & Poorâs were A (nga) and ngBBB+ respectively both with Stable outlooks as at September 2023. FirstBank maintained the same level of international credit ratings with the sovereign; a milestone that was achieved in 2022 for the first time since 2015.
Our vision is âTo be Africaâs Bank of first choiceâ and our mission is âTo remain true to our name by providing the best financial services possible. This commitment is anchored on our core values of EPIC – Entrepreneurship, Professionalism, Innovation and Customer-Centricity. Our strategic ambition is âTo deliver accelerated growth in profitability through customer-led innovation and disciplined execution and our brand promise is always to deliver the ultimate âgold standardâ of value and excellence to position You First in every respect.
