FSDH Merchant Bank kicks Off Custom Duty Collecting Services

Posted by - December 4, 2019

FSDH Merchant Bank Nigeria’s leading financial service provider has officially commenced its operations as a Custom Duty Collecting Bank in Nigeria. According to a statement, it explained and disclosed that as early as 2018, the bank commenced talks with the Nigeria Customs Service Board (NCSB) to obtain a license to operate as a custom duty

Agusto & Co assigns a ‘A’ rating to FSDH Merchant Bank

Posted by - July 24, 2019

A rating agency, AGUSTO & Co. Limited, has assigned a ‘A’ rating to FSDH Merchant Bank Limited. According to the agency statement: “The rating assigned to FSDH Merchant Bank Limited considers its strong capitalisation ratios, good liquidity, acceptable asset quality and strong liquidity profile. “The rating is however constrained by a concentration in the loan

FSDH Merchant Bank Announces Investment by AFIG Funds

Posted by - September 22, 2017

FSDH Merchant Bank, a financial services group in Nigeria, announced that Advanced Finance and Investment Group (AFIG Funds), a leading African private equity fund manager has, through the Atlantic Coast Regional Fund (ACRF), completed an investment in the Bank. “We are pleased to become a shareholder in FSDH, a well-established financial services group in Nigeria