Wealth Management

We aim to meet your diverse financial needs by providing unique, wide and varying services to ensure we support your financial goals through wealth securitization and inter-generational wealth transfer.

Our strong team of professionals possess a wealth of experience in their various fields and devote these expertise to developing diversified portfolios that best fit your return, risk expectations and ultimately maximise your earnings.

Services

FBN Premium Deposit

The FBN Premium Deposit is a fixed deposit product that caters to High Net Worth/Ultra High Net Worth Individuals, Family Businesses, Professional Firms, Limited Liability Companies, Religious and Non-Religious Organisations, etc. Through this solution, we offer customers the opportunity to earn interest income on their deposits based on an agreed interest rate and a specified tenor or maturity date.
Features:

  • Minimum Initial Deposit Amount: 50,000,000.00 (Fifty million naira only)
  • Tenor: Ranges from 30 days to 365 days.
  • Interest Rates: Competitive interest rates in line with prevailing market conditions.
  • Withholding Tax (WHT): Interest earned is subject to withholding tax (WHT) deductions in line with Nigerian tax laws.
  • Pre-Mature Terminations: Subject to 10% penalty charge on accrued interest (reduced to 5% for deposits with 7days or less to maturity).

FBN Easy Retirement Package

The FBN Easy Retirement Package is designed to meet the specific financial needs of Retirees or soon-to-be retiring persons. The FBN Easy Retirement Package prevents misapplication of your wealth now and beyond and is beyond ideal for individuals who prefer a reputable financial institution to manage their financial needs.
Features:

  • Age Restriction / Requirement: Minimum forty (40) years.
  • Entry: 50,000,000 (Fifty million naira) only.
  • Minimum Deposit Balance: 10,000,000 (Ten million Naira) only.
  • Stability: No fluctuations in the value of the principal.
  • Tenor: Minimum 365 days.
  • Pricing: Anchored around the MPR and subject to review on the first working day of every month, based on market realities.
  • Interest Payment: Allows for interest payment on the first working day of every month.
  • Penalties: No penalty charges on premature termination for part – termination of deposits after 180 days.
  • Legal Costs: Reduces the rigour of costly legal process to claim ownership of assets.
  • Estate Administration: Easy transfer of deposits to the nominated joint account holder(s).

Federal Government of Nigeria (FGN) Securities

Meet your investment needs for government securities by bidding through FBNQuest Merchant Bank at the following windows:

Features & Benefits

  • Security: 100% of funds are in the Federal Government of Nigeria Treasury Bills
  • Minimum Investment Amount: Fifty Million, One Thousand Naira (N50,001,000.00) only
  • Interest Rate: Paid upfront at bid rate if won
  • Tenor: 91, 182 or 364 days
  • Auction: The auction holds fortnightly (Wednesdays)
  • Charges: Commission, Custodian Fees, and VAT as stipulated by the CBN

Alternatively, purchase from our existing portfolio of Treasury Bills holdings.

Features & Benefits

  • Security: 100% of funds are in the Federal Government of Nigeria Treasury Bills
  • Minimum Investment Amount: Five Million Naira (N5,000,000.00) only
  • Interest Rate: Paid upfront at competitive market prices
  • Tenor: Varies, depending on what is available in the market
  • Value: Immediately upon receipt of funds as no auction is required

For more information, let us contact you.