FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, said it had continued to drive partnerships with reputable institutions to implement financial literacy programmes, women empowerment initiatives, as well as environmental and social projects as part of its corporate responsibility and sustainability focus.
In a statement, it said this was in line with its commitment to deliver impactful community-focused initiatives.
In furtherance of this, it stated that FBNQuest Merchant Bank had joined the 2018 NSE Corporate Challenge to support the fight against cancer.
It stated, “The event was a one-day competitive five-kilometre race aimed at creating awareness on early detection and fundraising for the cause. Proceeds from this year’s Corporate Challenge are planned towards the provision of free cancer treatment and screening facilities across Nigeria with the purchase of mobile cancer centres.”
Through this sponsorship, FBNQuest Merchant Bank said it had reaffirmed its position as a socially conscious organisation.
In the financial literacy space, it said the organisation had trained over 1,800 students at secondary school level on the importance of saving and investing by leveraging platforms such as the Global Money Week and World Savings Day in support of the Central Bank of Nigeria’s financial literacy goals.
Its activities also extend to female economic empowerment and capacity building seen in support for the Women in Management and Business’ annual lectures and conferences, which facilitate strategic discourse and highlight growth opportunities for women in an ever-changing economic landscape., according to the statement.
“In support of education and skills development, the bank recently partnered the Teach First Nigeria Training Institute, which recruits outstanding university graduates and young professionals of all academic disciplines to teach as full-time teachers (fellows) in underserved and low-income schools,” it added.
Through the programme, it added, fellows would gain exposure to the realities of Nigeria’s education system, identify their role in building a wider movement for educational equity, and ultimately expand education and life opportunities for Nigeria’s most marginalised students.