First City Monument Bank | FCMB Agribusiness and Non-Oil Export

At First City Monument Bank (FCMB), our Agribusiness and Non-Oil Export Division is committed to driving sustainable economic growth across Nigeria. Since 2012, we have partnered with actors along the Agricultural value chain to build a resilient, diversified economy—one value chain at a time.

Our mission is simple: To empower agribusinesses and exporters of non-oil products with the financial confidence in realizing their dreams.

Our Vision: To lead in delivering integrated financial solutions that accelerate agribusiness and non-oil export potential.

Our Services

1. Agribusiness Financing:

FCMB offers tailored financing solutions to support every stage of the agricultural value chain. From term loans for capital investments to input financing for seeds and fertilizers, our products are designed for flexibility and impact. Equipment leasing allows access to modern machinery, while working capital loans ensure smooth operations during planting, harvesting, and sales cycles. Our financing options cater to both smallholders and large-scale agribusinesses, empowering them to grow sustainably, boost productivity, and scale their operations. With competitive rates and farmer-friendly terms, we’re here to turn your agricultural ambitions into long-term success. In 2024, our loans to the Agribusiness sector contributed to over 12% of the bank’s total loan portfolio with over 23% directed toward Small and Medium Enterprises (SMEs).

Our offerings:

Term Loans
Input Financing
Equipment Leasing
Working Capital Loans

2. Non-Oil Export Finance:

We support businesses involved in non-oil exports with tailored financial solutions to boost global competitiveness. We have enabled export transactions, strategically contributing to the diversification and growth of the national Gross Domestic Product (GDP). Our pre-shipment and post-shipment financing help exporters manage production, logistics, and payment cycles efficiently. We also provide credit insurance and payment guarantees to reduce the risks of international trade. Whether you're exporting agricultural commodities or manufactured goods, we ensure timely access to funds, minimize cash flow gaps, and simplify trade operations. Our dedicated export finance team offers advisory support to help clients meet international standards, navigate compliance, and maximize value in global markets.

Our Offerings:

Pre-shipment Finance
Post-shipment Finance
Export Readiness

3. Trade Facilitation & Advisory:

Our trade facilitation services simplify access to domestic and international markets. We offer warehouse receipt systems (WRS) that allow farmers to store commodities securely and access credit using stored goods as collateral. Our advisory services help businesses achieve export readiness through compliance guidance, packaging support, and connection to global buyers. With expertise in logistics, quality standards, and trade documentation, we reduce bottlenecks and enhance efficiency. Whether you're entering new markets or scaling existing operations, we provide the insights and tools needed to trade smarter and more competitively.

Our Offerings:

Warehouse Receipt Systems
Agro-commodity Financing
Export Readiness
Compliance Support.

4. Agency Banking:

Our Agency Banking model brings financial services directly to rural communities, particularly smallholder farmers. Through trusted local agents equipped with secure digital tools, customers can access essential banking services like deposits, withdrawals, transfers, and loan disbursements—without traveling long distances. This initiative bridges the financial inclusion gap, supports rural economies, and helps build credit histories for the previously unbanked. By banking the unbanked, we create a more inclusive financial system where everyone, regardless of location, has the opportunity to participate in economic growth and access life-changing financial products and services.

Our Offerings:

Banking the unbanked—bringing financial services to rural smallholder farmers.
BAAS – Banking As A Service.
Aggregator Finance Model.

5. Risk Mitigation Tools:

We help businesses protect against financial and operational risks with a range of tools tailored to trade and agribusiness. Our secure payment options, such as letters of credit and bank guarantees, ensure trust and reliability in transactions. We also offer foreign exchange (FX) hedging to safeguard against currency volatility. These tools are essential for exporters and importers operating in dynamic markets. By managing risks proactively, our clients can focus on growth with greater confidence, knowing their operations are shielded from unexpected disruptions or financial losses.

Our Offerings:

Secure Payment Solutions
Trade Instruments
FX Hedging

6. Capacity Building:

We invest in people, not just projects. Our capacity-building programs offer hands-on training and technical assistance to farmers, agribusinesses, and exporters. We focus on areas like modern farming practices, agribusiness management, sustainability, and financial literacy. Training is delivered through workshops, digital platforms, and partnerships with experts and institutions. By building knowledge and practical skills, we help our clients improve productivity, adapt to changing environments, and create more resilient, profitable businesses. Capacity building is at the heart of our mission to drive long-term impact in agriculture and rural development.

Our Offerings:

Technical assistance and training to boost productivity and sustainability

7. Agritech Innovation:

We champion agricultural innovation through targeted support for agritech startups. Our programs include hackathons, seed funding, and incubation services for promising ideas that solve real-world challenges in farming and food systems. Startups receive technical mentorship, access to networks, and growth capital to accelerate their development. We focus on solutions in precision agriculture, supply chain efficiency and sustainability. Our support helps turn bold ideas into impactful agritech ventures.

Our Offerings: