FBN Holdings is expanding its foothold in Africa with the unveiling of FBN Bank Senegal, formerly registered as International Commercial Bank (ICB).
According to the bank, this follows the agreement reached by FirstBank and International Commercial Bank Financial Group Holdings for the acquisition of a 100% equity interest in ICB Senegal.
FirstBank noted that the launch further consolidates its position as the largest corporate and retail banking financial institution in Sub-Saharan Africa with presence in DR Congo, Ghana, Guinea, Gambia, Sierra Leone and Senegal, as well as in the UK.
The GMD/CEO of FirstBank, Dr. Adesola Adeduntan, explained that the unveiling of FBN Bank Senegal aligns with the company’s strategic ambition to steadily broaden and build a more diverse footprint across Africa.
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