Financial Inclusion; Mastercard Foundation Honours FCMB

Kayode Tokede

First City Monument Bank (FCMB) has received an Award of Recognition from the Mastercard Foundation for its outstanding efforts in advancing financial inclusion for grassroots entrepreneurs across Nigeria.

The recognition highlights the success of a three-year partnership between FCMB and the Mastercard Foundation, which has provided affordable financing and business support to 98,390 individuals and micro, small, and medium enterprises (MSMEs) across the country.

About 93per cent of the beneficiaries are women and youths aged 18 to 35, reflecting both organisations’ commitment to youth and gender inclusion in economic growth.

“We are proud of what this partnership has achieved,” said Yemisi Edun, MD/CEO of First City Monument Bank. “It reaffirms our commitment to creating opportunities for individuals and communities through inclusive and innovative financial solutions.”