First Securities Discount House Limited has become FSDH Merchant Bank Limited. As one of their many firsts, They are one of the first merchant banks to be awarded a licence in Nigeria in this new era. First Securities Discount House Limited was incorporated in 1992 as the first discount house in Nigeria.
Over the years, the FSDH Group has become a financial services supermarket that delivers expert financial services in the Nigerian market to its select clientele, thereby assisting them in creating long term sustainable wealth. The Central Bank of Nigeria recently revoked all Universal Banking licences and categorized Banks into Commercial, Merchant and Specialized Banks.
It also created the following categories of commercial banks – International, National and Regional. FSDH recognized this change as an opportunity to expand the scope of their operations while retaining a focus on their core activities in order to serve their customers better. As a result they applied for a Merchant Banking licence from the CBN which was granted on October, 2012. Their Culture of Customer Orientation, High Performance, Image Building, Collaboration and Learning is still their driving force. The name may have changed but the soul of their organization remains intact. Learn More.
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