FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash Out Promo 2.0 which began on Monday, 15 January 2024, ends on Friday, 15 March 2024, and is open to new and existing customers.
Leading up to the grand finale โ with 1 million naira up for grabs โ the promo comprises three distinct categories, each offering attractive rewards comprising N10,000 worth of airtime and data, N20,000.00, and N100,000.00 respectively.
In the first category, according to a statement by Folake Ani-Mumuney,
Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited, 100 lucky customers will win N10,000 worth of airtime and data each week for completing a minimum of five transactions on the FirstMobile app.
The second category builds up the excitement of the promo, as 100 lucky customers will win N20,000 each for carrying out a minimum of ten transactions weekly.
On the other hand, Lucky 50 customers who carry out 25 transactions each month will be rewarded with N100,000 each.
The promo culminates in the grand finale draw as two lucky customers with a minimum of 50 transactions will win the whooping sum of N1 million each.
Dormant and inactive account holders can immediately become eligible once they reactivate their dormant accounts. Inactive users of FirstMobile only need to update their Apps on their iOS Appstore or Android Playstore and start transacting to qualify.
โWe are excited to launch the second season of the FirstMobile CashOut promo which is designed to empower our customers with a wide range of innovative banking solutions at their fingertips on the go. Our goal is to continually enhance our customers overall digital banking experience and satisfaction. The promo gives us an opportunity to reward and celebrate our esteemed customersโโ, said Chuma Ezirim, GE e-Business & Retails Products, FirstBank.
FirstMobile is your digital friendly mobile banking app that offers you a state-of-the-art digital banking experience on the go, irrespective of where you may be across the world.
The banking experience on the app has been boosted with new features, including the generation of receipts hours, days, or weeks after a transaction, as well as enabling customers meet urgent needs through the micro loan service, FirstCredit on the FirstMobile app.
Other offerings include FX Conversion to Naira- Customers can convert foreign currency in their domiciliary accounts to Naira without visiting the Bank as well as bulk activate their Virtual Cards.
Customers need to update their FirstMobile App to the new FirstMobile version 2.9.7 to access these new features.
Opening a FirstBank account is as easy as ABC. Simply dial the USSD code *8940# and follow the prompts or visit https://openaccounts2.firstbanknigeria.com/
Alternatively, you can step into any FirstBank branch near you to initiate the account opening process.
For more information about the FirstMobile CashOut promo, visit https://www.firstbanknigeria.com/Terms-and-Conditions-on-FirstMobile-Cash-out-Promo.pdf
First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for 130 years.
With over 800 business locations and over 232,000 Banking Agents spread across 99% of the 774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail and Corporate financial services to serve its over 42 million Customers. The Bank has an international presence with subsidiaries operating in 9 other countries. These subsidiaries are FirstBank (UK) Limited in London and Paris, FirstBank in the Democratic Republic of Congo, Guinea, Sierra Leone, The Gambia; FBNBank in Ghana and Senegal as well as a Representative Office in Beijing, China. The Bank is at the forefront of promoting digital banking in the country and has issued over 13 million cards, the first bank to achieve such a milestone.
FirstBank has continued to make significant investments in technology, innovation and transformation, and its cashless transaction drive has been steadily accentuated with over 23 million active FirstBank customers signed up on digital channels including the USSD Quick Banking service through the nationally renowned *894# Banking code.
FirstBankโs commitment to Diversity is shown in its policies, partnerships and initiatives, such as its employeesโ ratio of female to male (39%:61%); and 32% women in management), as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organization.
In addition, the Bankโs membership of the UN Women is an affirmation of a deliberate policy that is consistent with UN Womenโs Women Empowermentโs Principles – Equal Opportunity, Inclusion, and Nondiscrimination.
Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Governmentโs privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors Investors wishing to explore the vast business opportunities available in Nigeria an internationally competitive world-class brand and a credible financial partner.
For six consecutive years (2011 โ 2016), FirstBank was named โMost Valuable Bank Brand in Nigeriaโ by the globally renowned The Banker Magazine of the Financial Times Group and โBest Retail Bank in Nigeriaโ eight times in a row, 2011 – 2018, by the Asian Banker International Excellence in Retail Financial Services Awards.
Notably, in 2022, the Bank took a long stride on its growth trajectory with the Bankโs Viability and Long-Term Issuer Default Ratings upgraded to ‘B’ from ‘B-‘ (with Outlooks Stable) by Fitch, a leading global rating agency. This is an indication of the Bankโs strong internal capital generation and the corresponding recession of its risks to capitalisation. Fitch also upgraded the Bankโs National Long-Term Ratings to ‘A (nga)’ from ‘BBB (nga)’, to reflect its improved creditworthiness relative to that of other issuers in Nigeria. Furthermore, the Top 100 African Bank Rankings 2022 released by The Banker Magazine revealed FirstBankโs ranking as number one in Nigeria in terms of Overall Performance, Profitability, Efficiency and Return on Risk.
Other laudable feats in 2022 include FirstBankโs international recognition on major indices by Euromoney Market Leaders, an independent global assessment of the leading financial service providers where FirstBank was crowned:
Market Leader: (tier-1 recognition) in Corporate and Social Responsibility (CSR),
Market Leader: (tier -1 recognition) Environmental, Social and Governance (ESG),
Highly Regarded: in Corporate Banking and Digital Solutions,
Notable: in SME Banking.
Also, in 2022 International Finance Magazine named the Bank โMost Innovative Banking Product in Nigeriaโ and โBest Retail Bank in Nigeriaโ. FirstBank was also awarded โBest Corporate Banking Western Africa, 2022โ and โBest CSR Bank Western Africa, 2022โโ by Global Banking and Finance Magazine. Other notable awards in FirstBank coffers include: โBest Bank in Nigeriaโ by Global Finance Magazine – fifteen times in a row; โBest Private Bank in Nigeria-2021โ awarded by Global Finance magazine; โBest Internet Banking Nigeriaโ and โโBest CSR Bank Africaโโ by International Business Magazine.
In 2023, FirstBank received notable awards including โBest Private Bank for Sustainable Investing in Africa 2023โ by Global Finance Awards; โBest Sustainable Bank in Nigeria 2023โ by International Investors Awards; โBest Bespoke Banking Services in Nigeria 2023โ by International Investors Awards; โBest Financial Inclusion Service Provider in Nigeria 2023โ by Digital Banker Africa; and โAfrican Bank of the Yearโ by African Leadership Magazine.
Our vision is โTo be Africaโs Bank of first choiceโ and our mission is โTo remain true to our name by providing the best financial services possibleโ. This commitment is anchored on our core values of EPIC – Entrepreneurship, Professionalism, Innovation and Customer-Centricity. Our strategic ambition is โTo deliver accelerated growth in profitability through customer-led innovation and disciplined executionโ and our brand promise is always to deliver the ultimate โgold standardโ of value and excellence to position You First in every respect.