First Bank reaches ₦1 Trillion milestone in digital loan disbursements
First Bank of Nigeria Limited has announced a significant achievement in its digital lending initiatives, having disbursed a cumulative ₦1 trillion in digital loans.
This landmark accomplishment aligns the bank’s commitment to financial inclusion and its pivotal role in empowering individuals and small businesses across Nigeria.
The impressive ₦1 trillion figure has been distributed to over 1.5 million customers, encompassing a diverse range of beneficiaries. These include salary earners accessing loans through the FirstAdvance product, self-employed individuals utilising FirstCredit, and the vast network of Firstmonie Agents spread across every state and the Federal Capital Territory (FCT) in Nigeria.
First Bank‘s digital lending platforms provide instant access to credit, demonstrating the bank’s belief that “small loans spark big wins.” The success of the Bank’s digital loan offerings is a testament to its innovative approach to banking, leveraging technology to provide accessible and convenient financial services.
The bank continues to emphasise its role in fostering an inclusive financial ecosystem, encouraging more stories of success, one tap, one dial, one dream at a time.
