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

SABA Steel, Coleman Wire & Cables, Others Collaborate with Ecobank for Inaugural Design & Build Expo

Leading global brands in the building, design and finance sectors are partnering...

CBN Warns Public Against Fraudulent Contract, Project Funding Claims

The Central Bank of Nigeria (CBN) wishes to alert members of the...

Ecobank Opens Market At The London Stock Exchange To Celebrate Successful Issuance Of US$400 Million Eurobond

ETI will use the net proceeds from the issuance of the Notes...

Stanbic IBTC Launches DiSEP 4.0, Empowering Nigerian Youths With Cutting-edge Digital Skills

Stanbic IBTC Holdings, has unveiled the fourth edition of its flagship Digital...