FirstBank has honoured distributors in the fast-moving consumer goods sector at its annual Key Distributor Forum for the South West region.
Managing Director/Chief Executive Officer of FirstBank, Segun Alebiosu, stated that the Forum was an important avenue for the bank to recognise its customers.
The Forum rides on the back of Key Distributorship Finance, which is a FirstBank-structured finance product designed to provide financial support to distributors of FirstBank-approved FMCG principals, addressing their working capital needs.
He said, ‘It’s part of our customer experience, our relationship management initiative. They are our partners, our friends, and part of our own financial ecosystem. They support us and support our customers, and because of the wonderful job they are doing, we want to honour them. They are key to our business.’
Addressing the distributors, Alebiosu told them, ‘You are much more than a distributor. We are partners. We are friends. We are friends because we belong to the same ecosystem. We have a common principle. The people you buy from, we support them to grow, and we support you to buy from them to grow.’
The Group Head, Transaction Banking Division, First Bank, Mobolade Ojeahere said, ‘At First Bank, we believe firmly in the power of partnerships, the feedback that you give us that makes us better, and what we can offer you as well that will make the business grow and continue to grow up to greater heights. For us, we’ll continue to innovate, enhance our services and continue to proudly serve and work with you across all our entire footprints, across all our branches, where we are present, so that your own objectives can also be achieved. As we look forward to the future, we remain dedicated to continuing to support you and to fostering and building the relationship.’
The PoS Business unit at FirstBank also introduced the Firstmonie merchant wallet solution to the gathering, describing it as a robust solution, as it provides inventory services, cash management and more.