First Bank increases stake in FBNBank DRC

First Bank of Nigeria Limited has announced the acquisition of the remaining shares in FBNBank DRC Limited, making it a First Bank’s wholly-owned subsidiary. First Bank said this followed its initial investment in FBNBank DRC (formerly Banque Internationale de Credit) in 2011, when it acquired a 75 per cent stake in FBNBank DRC. The lender…

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