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FirstBank promotes trade financing

Adesola-Adeduntan FirstBank of Nigeria Limited, a subsidiary of FBN Holdings Plc, has thrown its weight behind the development of trade financing in Nigeria and beyond.

This, according to the bank, informed the collaborative effort with FBN Bank (UK) Limited, a subsidiary of FirstBank to sponsor the seventh Annual West Africa Trade & Export Finance, a two-day conference which commenced in Lagos on Wednesday.

In a statement by the Group Executive, Treasury and Financial Institutions, FirstBank, Ini Ebong, the bank would continue to create and support initiatives that will create business opportunities and investments in Nigeria and the continent.

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FirstBank’s Head, Structured Trade & Commodity Finance, Mr. Ikenna Egbukole will be a panel discussant on the topic: “Tracking trends within West African Banking Sector,” at the event.

“The progress FirstBank had made in trade finance is further buttressed by its consistent win of the ‘Best Trade Finance Bank in Nigeria’ by Global Finance Awards for seven years including 2015.

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