FCMB Suspends Issuance of Commercial Papers


Tuesday, December 15, 2020 / 12:08 PM / NSE / Header Image Credit: FCMB

FCMB Group Plc ("FCMB") hereby notifies its esteemed shareholders that the proposed Commercial Paper Issuance ("CP") by one of its subsidiaries, First City Monument Bank Limited (the "Bank") has been suspended.

This is as a result of the Nigerian Treasury Bills auction of Wednesday, 9 December 2020, which distorted price discovery.

Visit FCMB Group Plc IR Page in Proshare MARKETS

Graph - One Year Share Price Movement

 Proshare Nigeria Pvt. Ltd.


Table:  Q3 2020 Unaudited Results

Proshare Nigeria Pvt. Ltd.

Related News

1.       FCMB Notifies of Issuance of Commercial Paper...

2.      FCMB Group Q3 2020 Results Review ROAE Still Hovering Around 10 ...

3.      FCMB Declares N13.9bn PAT in Q3 2020 Results, (SP:N3.01k)

4.      FCMB Notifies of Board Meeting Date

5.      FCMB wins "Best SME Bank in Africa" Award

6.      Banks in H1 2020: Deconstructing Banks' H1 2020 Individual Performances - FCMB

7.      FCMB Notifies of Delay in Filing of Q3 2020 Results

8.     FCMB Forum: Stakeholders Believe Nigeria Can Leverage Agritech To Achieve Competitiveness

9.      FCMB Clarifies Position on N573 Million Transfer

10. FCMB Group Q2 2020 Results Review: Valuation at a Sizable Discount to Sector


Related News