First Bank 2,897 ATMs dispense over N2.8 trillion in 2017

First Bank of Nigeria Ltd. said its Automated Teller Machines (ATMs) dispensed over N2.8 trillion from January 2017 to December 2017.

About 402,102 bill payments were made through Firstbank’s ATMs in 2017, while airtime worth about N1.7 billion was purchased through the machines.

The bank’s Group Head of Electronic-Business, Chuma Ezirim, who made this known in a statement in Lagos, said the bank also accounted for 37 percent bill payment services on ATMs in the nation’s banking industry.

The official said that the bank had the highest number of ATMs, having deployed 2,897 of the machines across the country.

He said that the bank will continue to cater for the financial service needs of its customers in line with its strategy to drive convenience and ease in banking.

According to him, the bill payment option is the non-cash transaction feature on the ATM that makes it easier for customers to pay for cable TV subscriptions, post-paid phone bills, and pre-booked airline tickets, among others.

The bank said “To cater for the financial services needs of its customers and in line with its strategy to drive convenience and ease in banking, FirstBank is presently leading in the industry as the Bank with the highest number of Automated Teller Machines (ATMs), with 2,897 ATMs deployed across the Nigeria, making it the nation’s financial institution with the widest retail footprint. The Bank’s ATMs have unique functional features which include bills payment, cash transfer, air-time top-up, cash deposit among others.”

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