First City Monument Bank has extended its presence by opening a fresh branch in Ogbomosho. Authorities claim this step will enhance financial inclusiveness and stimulate economic growth.
The branch situated on the Ogbomosho-Ilorin highway was officially opened on March 12, 2025, during an inauguration event where local officials were present, as mentioned in a press release from the bank.
At the inauguration ceremony, the Sultan of Ogbomosho, Oba Gandhi Olaoye, referred to the establishment of the new bank branch as a positive step forward. He mentioned that the arrival of First City Monument Bank would significantly aid the expansion and growth of local enterprises.
This represents a crucial juncture for our community. We expect that FCMB’s pioneering strategy will provide essential financial services and assistance to our residents and enterprises, helping us effectively achieve our 25-year growth blueprint.
"We are enthusiastic about partnering with FCMB and anticipate the potential for additional branches in Ogbomosho, fostering a win-win alliance," he said.
The Chairman of Ogo-Oluwa Local Government, Seun Ojo, expressed comparable views. He acknowledged FCMB’s role as a significant contributor to boosting financial inclusion throughout Ogbomosho land and encouraged the bank to expand its services into additional communities to further bolster local economies.
Mrs. Yemisi Edun, the Managing Director of First City Monument Bank, was represented at the event by Mr. Emmanuel Comla, the bank’s National Head of Sales. She stated that the institution continues to uphold its dedication to fostering inclusive development.
She stated, "We're enthusiastic about investing in Ogbomoso's future. The city is renowned for its hardworking attitude. With Chief Olaoye guiding the way, Ogbomoso has outlined a distinct 25-year development strategy, and we are delighted to contribute to this aspiration."
Although digital banking is reshaping the sector, traditional branches continue to be vital for broad accessibility and direct community engagement. Our newly established branch aims to spur development by generating opportunities and building alliances. We are committed to growing alongside you.
Mr Ademola Idowu, who serves as the Group Head of Operations and International Trade Services at the bank, revealed that this branch boasts advanced banking technologies and operates using sustainable energy sources. He emphasized its potential to boost commerce and trading activities within Ogbomoso and surrounding areas.
First City Monument Bank, part of the FCMB Group, remains committed to investing in financial services aimed at boosting economic inclusiveness and growth.
Provided by Syndigate Media Inc. ( Syndigate.info ).
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