NAN-HE-7
Entities
By Chinyere Joel-Nwokeoma
Lagos, Dec. 19, 2017 (NAN) FBN Holdings Plc says it is renaming all entities under its Merchant Banking and Asset Management group to boost increased stakeholder value.
A statement by the company on Tuesday in Lagos, said the renamed entities include FBNQuest Merchant Bank, FBNQuest Asset Management and FBNQuest Securities, FBNQuest Capital, FBNQuest Trustees and FBNQuest Funds.
It said that FBNQuest Merchant Bank during the year was appointed as co-Financial Adviser to the Debt Management Office (DMO) on the inaugural FGN N100 billion Sukuk offer.
The company said that FBNQuest Merchant Bank also acted as a Joint Issuing House/Book Runner for the Dufil Bond programme.
It said that in spite of the tight monetary conditions, the bond series was successfully distributed to a diversified mix of investors, which included pension fund administrators and insurance companies, among others.
The statement added that FBNQuest Asset Management won the ‘Best Asset Manager award in Nigeria in t=2017, Euromoney Private Banking and Wealth Management Survey awards, among others.(NAN)
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Edited by Joseph Idika/Ese E. Ekama