Home Business Money FirstBank Closes Abu Dhabi Rep. Office; Beijing Office to Take Care Of China, Middle East and Asia
Money

FirstBank Closes Abu Dhabi Rep. Office; Beijing Office to Take Care Of China, Middle East and Asia

Share
Share

By First Bank Plc

First Bank of Nigeria Limited has announced the closure of its representative office in Abu Dhabi, United Arab Emirates.

The office which was set up to serve business interests in the Middle East locations functioned optimally to support customers to build and grow their businesses within and around that region.

However, in the last three years, the Bank has set up six subsidiary banks across Africa as part of its expansion strategy in Sub-Saharan Africa, with an International Banking Group to coordinate all international business, hence, the decision to shut down the representative office.

The Bank will continue to assist customers from the region to take advantage of business opportunities in their various markets through the International Banking Group and the regional subsidiaries.

The FirstBank representative office in Beijing is still operational and active to take care of customers’ business interests in China, Middle East and the rest of Asia.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Lagos Lawmakers Commend LIRS On Historic N1 Trillion Revenue Milestone

Legislators in Lagos State have commended the Lagos State Internal Revenue Service...

Stanbic IBTC Bank Partners With IFC To Empower women entrepreneurs this Valentine’s season

As a show of love this Valentine’s season and in line with...

CBN Announces New Charges On ATM Withdrawal

BY NKECHI NAECHE- ESEZOBOR--The Central Bank of Nigeria (CBN) has said customers...

Naira Appreciates Further After CBN’s New BDC Directives

The naira appreciated further in the parallel market, popularly called black market,...