FCMB is passionate about empowering female entrepreneurs by helping them build their businesses and improving the overall success rate of businesses owned or run by women.

About FCMB

First City Monument Bank (FCMB) Limited is the banking subsidiary of FCMB Group Plc, one of the leading financial services institutions in Nigeria. With a play in retail, commercial and corporate banking, FCMB is focused on delivering excellent customer service, as well as the right financial and lifestyle solutions that help its customers achieve their personal and business aspirations.

The Program

Research has shown that in developing regions, women do not regularly get the necessary business aid needed to thrive. FCMB’s SheVentures proposition was birthed from an understanding of the unique financial, cultural and capacity challenges faced by women in business in Nigeria. Knowing that women have the potential to contribute more to the nation’s development with the right support, SheVentures provides female business owners the resources they need to succeed. This includes providing access to business know-how, financing, training, mentorship and SME advisory schemes, among other supports. SheVentures was created as a value-added initiative for women-owned enterprises and is a key part of FCMB’s effort to promote financial inclusion. With a robust understanding of the Nigerian business terrain and demonstrated leadership in the SME Banking space, FCMB is well-positioned to create value for women in business by delivering exceptional services and fostering attainment of their aspirations.



Women represent 42 percent
of the bank’s staff.

More than 27 percent of the
bank’s board members are female.

Women make up about 32
percent of the bank’s customer base.

Over 2,000 women have been trained
in building a profitable and sustainable
business as of August 2019.

The Opportunity in Nigeria


of women had an account at a formal financial institution in 2017, Findex data revealed.


of women in Nigeria saved money at a financial institution in 2017, yet 56% saved money overall, Findex found.


of Nigerian women saved to start, operate or expand a business in 2017, Findex found.


of women got a loan from a financial institution in 2017, but 39% borrowed money that year, according to Findex.

Supporting Women with Vision

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