Agusto & Co upgrades rating of Rand Merchant Bank
AGUSTO & Co. has upgraded its rating of Rand Merchant Bank Nigeria Limited to “Aa-”.
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Global Headwinds: Nigeria needs policies to attract private sector investment in infrastructure —FSDH Merchant Bank
FSDH Merchant Bank has called on the federal government to roll out incentives to attract private sector investment for infrastructure development.
Read MoreFBNQuest Merchant Bank supports APWB annual dinner
In furtherance of its commitment to enabling women in banking in Nigeria, FBNQuest Merchant Bank has supported the Association of Professional Women Bankers on its corporate dinner held last week in Lagos.
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FSDH Merchant Bank PBT rises to N5.56bn
FSDH Merchant Bank has recorded 44 percent increase in Profit before Tax, PBT, which rose to N5.56 billion in the financial year ended December 2017. Managing Director/Chief Executive, FSDH Merchant Bank, Mrs. Hamda Ambah disclosed this at the pre-annual general meeting press briefing held at the banks’ head office in Lagos.
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‘Local Content Board to float Merchant Bank this year’
THE Executive Secretary of the Nigerian Content and Monitoring Board, NCDMB, Simbi Wabote has disclosed that the board has concluded arrangements to float a Merchant Bank this year as part of moves to put together a fund management policy.
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FSDH Merchant Bank raises N14.4bn in commercial paper notes
FSDH Merchant Bank Limited, yesterday, said that it has successfully raised N14.4 billion from its Series 3 and Series 4 Commercial Paper (“CP”). Collectively, Series 3 and 4 represents FSDH’s second issuance under its N30 billion CP Programme established in 2016.
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