Who is the owner of first bank in nigeria?
, the Bank had assets totalling NGN3.9 trillion ($12.2B according to 2017 exchange rates). The Bank's profit before tax for the twelve months ending 31 December 2015 was approximately NGN10.2 billion. FirstBank’s ownership is diversified, with over 1.3 million shareholders. The bank was founded in 1894 and is Nigeria’s oldest bank. It converted to a public company in 1970 and was listed on the Nigerian Stock Exchange (NSE) in 1971. However, as part of the implementation of the non-operating holding company structure, it was delisted from the NSE and replaced with FBN Holdings Plc. in 2012.
Who is the owner of first bank in nigeria, since becoming a public company in 1970?
over 1.3 million shareholders
First Bank of Nigeria
, the Bank had assets totalling NGN3.9 trillion ($12.2B according to 2017 exchange rates). The Bank's profit before tax for the twelve months ending 31 December 2015 was approximately NGN10.2 billion. FirstBank’s ownership is diversified, with over 1.3 million shareholders. The bank was founded in 1894 and is Nigeria’s oldest bank. It converted to a public company in 1970 and was listed on the Nigerian Stock Exchange (NSE) in 1971. However, as part of the implementation of the non-operating holding company structure, it was delisted from the NSE and replaced with FBN Holdings Plc. in 2012.
Who is the owner of first bank in nigeria due to implementation of the non-operating holding company structure?
FBN Holdings Plc.
First Bank of Nigeria
First Bank of Nigeria
https://en.wikipedia.org/wiki/First%20Bank%20of%20Nigeria
FirstBank is wholly owned by FBN Holdings PLC, which in itself has diversified ownership, with over 1.3 million shareholders
First Bank of Nigeria
FirstBank commenced business in 1894 in what was then the British controlled areas, as the Bank of British West Africa.[9] The bank originally served British shipping and trading agencies in Nigeria. The founder, Alfred Lewis Jones, was a shipping magnate
First Bank of Nigeria
First Bank of Nigeria is wholly owned by FBN Holdings PLC., which in itself has diversified ownership, with over 1.3 million shareholders. Originally, First Bank of Nigeria was founded by Alfred Lewis Jones, a British shipping magnate, in what was then British controlled areas such as West Africa. 