First Bank of Nigeria (FBN), a subsidiary of FBN Holdings, has expanded its African footprint with the launch of First Bank Senegal, formerly registered as International Commercial Bank (ICB).
FBN’s expansion to Senegal forms part of the integration process and agreement signed between FirstBank and International Commercial Bank Financial Group Holdings for the takeover of 100% equity interest in ICB Senegal.
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The expansion consolidates the bank’s position as the largest corporate and retail banking provider in sub-Saharan Africa, excluding South Africa.
In addition to Senegal, the bank already operates with representative offices in Beijing, Johannesburg, Abu Dhabi, and also comprises existing banking operations in London, France , Ghana, DR Congo, Guinea, Gambia, and Sierra Leone.
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