FBN Holdings Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

FBN Holdings Plc is a Nigeria-based diversified financial services company. The principal activities of the Company are mainly the provision of commercial banking services, investment banking services, and provision of other financial services and corporate banking. Its segments include Commercial Banking Business Group, Merchant Banking and Asset Management Business Group, and Others. The Commercial Banking Business Group provides both individual and corporate clients/ customers with financial intermediation services. This business segment includes the Company’s local, international, and representative offices offering commercial banking services. The Merchant Banking and Asset Management Business Group provides advisory, asset management, markets, and private equity services to a large institutional (corporations and governments) clientele, as well as merchant banking services. Other segments include FBN Insurance Brokers Limited and Rainbow Town Development Limited.