First City Monument Bank

First City Monument Bank (FCMB), a member of FCMB Group Plc. It is a financial services holding company headquartered in Lagos, Nigeria.

First City Monument Bank Ltd (FCMB)

Company type	Public: NSE: FCMB
Industry	Finance
Founded	20 April 1982
Founder	Oloye Subomi Balogun
Headquarters	Lagos Island, Lagos, Lagos State , Nigeria
Area served	Nigeria United Kingdom
Key people	Oladipupo Jadesimi Chairman Ladi Balogun Group Chief Executive Yemisi Edun Managing Director
Services	Banking
Revenue	US $311.1 million (NGN:127.9 billion) (2020)[1]
Total assets	US $5 billion (NGN: 2 trillion) (2020)
Number of employees	3,610 (2020)
Website	Homepage

History

First City Monument Bank was established in 1977 by Oloye Subomi Balogun. It was incorporated as a private limited liability company in April 1982 and granted a banking license in August 1983.^[2][3][4]

Subsidiaries

The subsidiaries of First City Monument Bank are:^[5]

1. FCMB Capital Markets Limited – Investment banking & Advisory services – Lagos, Nigeria
2. FCMB (United Kingdom) Limited – Investment banking – London, United Kingdom
3. CSL Stockbrokers Limited – Stock brokerage services – Lagos, Nigeria
4. FCMB Pensions Limited (Formerly Legacy Pension Fund Administrators) – Abuja, Nigeria
5. Credit Direct Limited – Microfinance lending – Lagos, Nigeria