The Bank has maintained successful relations with SME customers since its inception in 1894. First Bank defines SMEs as large, medium and small corporate customers with turnover up to N500m and we have different engagement models for them based on their size. 

  • There are more than 17million SMEs in Nigeria

  • SMEs employ more than 32m people in the country, that is about 20% of the population 

Click here to read the full report