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Afribank Nigeria PLC is a commercial banking, real estate and insurance broker based in Lagos, Nigeria.[1] It was established by French investors in 1959 under the name Banque Internationale pour l'Afrique Occidentale (BAIO).[citation needed] Today the bank operates over 250 branches across Nigeria, and is one of the region's "Big Four" banks. Afribank uses the Temenos Globus banking application in its branches. [edit] OperationsAfribank's core business is in commercial and retail investment banking. It also operates stock brokering firm, an insurance brokerage firm, a trustees and investments company, and estate development company, a capital market firm, and an offshore finance company in Dublin, Ireland.[2] Afribank also invests in companies in the financial and real sectors of the Nigerian economy. [edit] References
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