About Us

 Personal , Expert Service

 

FBNUK is a wholly owned subsidiary of the First Bank of Nigeria Limited (FBNL), an African bank with a rich heritage, established in 1894 as the first banking institution in Nigeria. FBNUK is authorised by the UK’s Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA). Operating in the City of London with a branch in Paris and a representative office in Lagos, FBNUK provides a range of domestic and international banking and financial services.

Our Mission

FBNUK is the international banking and treasury centre of FBNL, and acts as connecting hub between the group and its regulatory, financial and social partners. FBNUK equally provides world-class, cross border trade and investment services to institutions, corporates and individuals conducting business in and with Africa’s most dynamic and vibrant economies.

FBNUK is authorised by the UK’s Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA). Operating in the City of London with a branch in Paris and a representative office in Lagos, FBNUK provides a range of domestic and international banking and financial services.

Our Vision

Our vision is to become the number one bank for cross-border Europe-Nigeria trade, and a top five bank for Europe-Africa trade. We build our reputation on a highly personalised client service, an unparalleled expertise in Nigeria and other African markets, and robust compliance and governance that takes a long-term view of our clients’ and our own businesses.

Our History

FBN Bank UK has been operating in the United Kingdom since 1982 as the London Branch of the First Bank of Nigeria (FBN) Plc.

It was initially established to service the UK banking requirements of Nigerian companies and First Bank Nigeria Plc.

In November 2002, the Bank was incorporated in the UK as a registered and a wholly-owned subsidiary of First Bank of Nigeria Ltd with offices in the City of London.

The Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by both the Financial Conduct Authority (FCA) and the PRA to provide a range of domestic and international banking and financial services.

Since then, FBN Bank UK has developed into a much broader business in the gateway to Europe and beyond for African banks, companies and high net worth individuals.

Pillar 3 Disclosures

Modern Slavery Act

Modern Slavery Act

Financial protection

FBN Bank (UK) Ltd is a member of the Financial Services Compensation Scheme (www.fscs.org.uk), which gives 100% protection for the first £85,000 of a depositor’s total deposits. Customers with joint accounts will be eligible to claim up to £170,000, view our information about compensation arrangements for further details.