First Atlantic Bank

Accra, Ghana Founded: 1995 • Age: 31 yrs
Commercial bank
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About First Atlantic Bank

First Atlantic Bank is a company based in Accra (Ghana) founded in 1995. First Atlantic Bank offers products and services including Internet Banking, Mobile App, Savings Accounts, and Loans. First Atlantic Bank operates in a competitive market with competitors including Access Bank, Scotiabank, Fidelity Bank, First National Bank Ghana and Guaranty Trust Bank, among others.

  • Headquarter Accra, Ghana
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name First Atlantic Bank
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    AFIG Funds

    & 1 more

  • Employee Count
    Not available
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Products & Services of First Atlantic Bank

First Atlantic Bank offers a comprehensive portfolio of products and services, including Internet Banking, Mobile App, Savings Accounts, and Loans.

Product name locked
Category locked
Primary

Platform for online bill payments and fund transfers

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App for mobile banking and account management services

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Accounts for saving and earning interest

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Services for personal and business loan applications

People of First Atlantic Bank

Headcount 500-1000
Employee Profiles 68
Board Members and Advisors 8
Employee Profiles
People
Odun Odunfa
MD, CEO
People
Doreen Nkansah
Head of Strategy & Execution
People
Ruby Adiamah
Head Of Operations
People
Jojo Ampiah
Treasury Dealer

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Board Members and Advisors
people
Augustina Amakye
Director
people
Thelma Efua Quaye
Director
people
Liadi Adeoye Ayoku
Director
people
Ifeoluwa Elizabeth Fashola
Non Executive Director

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Funding Insights of First Atlantic Bank

Investors in First Atlantic Bank

First Atlantic Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include AFIG Funds and Phoenix Capital Management.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
AFIG Funds is focused on private equity investments in Africa.
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Phoenix Capital Management is engaged in financial intermediation and asset management.
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Investor details for First Atlantic Bank

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by First Atlantic Bank

Investments
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Investment portfolio details for First Atlantic Bank

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - First Atlantic Bank

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Detailed financials for First Atlantic Bank

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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First Atlantic Bank Comparisons

First Atlantic Bank Primary company
Description
Commercial bank
Location
Accra, Ghana
Founded Year
1995
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for First Atlantic Bank

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of First Atlantic Bank

First Atlantic Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Access Bank, Scotiabank, Fidelity Bank, First National Bank Ghana and Guaranty Trust Bank, among others.

Company Name Domain Founded year HQ Location Description
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Commercial banking services are offered in Nigeria.
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Commercial banking services are provided internationally by Scotiabank.
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Retail banking services are provided to customers in Ghana.
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Commercial banking services are provided across Ghana.
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Nigerian multinational financial institution
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Detailed competitors of First Atlantic Bank

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  • Full company profiles
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Latest news on First Atlantic Bank

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Complete news archive for First Atlantic Bank

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about First Atlantic Bank

First Atlantic Bank was founded in 1995 and raised its 1st funding round 21 years after it was founded.

First Atlantic Bank is headquartered in Accra, Ghana. It is registered at Accra, Greater Accra, Ghana.

Odun Odunfa is the current CEO of First Atlantic Bank.

First Atlantic Bank was established in 1995 as a commercial bank headquartered in Accra, Ghana. Operations are focused on retail and corporate banking within the financial sector. Services include deposit accounts, loans, and trade finance, primarily serving clients in Ghana. The bank is led by CEO and Managing Director Odun Odunfa. Its domain, firstatlanticbank.com.gh, supports online access to these offerings.

First Atlantic Bank's top competitors include Access Bank, Scotiabank and Fidelity Bank.

First Atlantic Bank offers Internet Banking, Mobile App, Savings Accounts, and Loans.

First Atlantic Bank has 2 investors. Key investors include AFIG Funds, and Phoenix Capital Management.

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