Investor Presentaiton
Through FirstBank's Agent banking proposition, the Bank is creating
sustainable socioeconomic value and empowering rural communities
in unique ways
Financial Inclusion
FirstBank
Since 1894
FirstBank's Contribution
Over 139k Agents with >400k direct and
indirect jobs created to tackle unemployment
through the FirstBank's Firstmonie agent network
>$100 million has been paid as commission
to agents as at October 2021, with the attendant
multiplier effect on rural communities
Over 35k of FirstBank's Firstmonie Agents are
women, enabling us drive gender inclusive
growth within rural communities
Over 2.0 million individuals have been
economically impacted via the jobs created.
through the FirstBank's Firstmonie proposition
Cumulatively, $38 billion processed on the
Firstmonie platform since January 2018
Over 50% of Firstmonie's agents are in the
rural areas, contributing significantly to the
development of the rural economy
Firstmonie agents supported several
government/NGOs' cash transfers to
the poorest of the poor in the rural areas
Significant informal sector/rural area IGR
collections across many LGAs are
being powered by Firstmonie agentsView entire presentation