FBN recorded 105m card transactions during lockdown

First Bank Nigeria has announced that its customers carried out 105m transactions using its cards during the lockdown that lasted four weeks.

Chief Executive Officer of the first generation bank in the country, Adesola Adeduntan, disclosed that card transactions carried out during the lockdown were worth N1.8tn.

He added that customers carried out over 106m transfers worth N8.18tn across all its digital platforms, while over 12m withdrawals worth N156bn were made times across FBN’s Automated Teller Machines nationwide.

Adeduntan further disclosed that the bank’s 53,000 agents across the country processed about N512bn worth of transactions with differing values while the lockdown lasted, noting that the bank was “able to actively support her customers, their families and businesses through these challenging times.”

His words, “We have also recorded over 275,000 new sign-ups to alternative channels covering our FirstMobile, Unstructured Supplementary Service Data and FirstOnline platforms.”

Elated Adeduntan promised that the bank would continue to deliver on seamless and stress-free banking transactions for all customers.

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