FSDH MERCHANT BANK
FSDH ASSET MANAGEMENT
FSDH CAPITAL
PAL PENSIONS
Working together to achieve more.

Our Subsidiaries

FSDH ASSET MANAGEMENT

FSDH AM is a subsidiary of FSDH Merchant Bank Limited and one of Nigeria’s leading asset management and financial advisory firm. What started off as the asset management department of FSDH Merchant Bank Limited in 1997 became FSDH AML.

FSDH MERCHANT BANK

First Securities Discount House Limited, the precursor to FSDH Merchant Bank Limited, was incorporated in June 1992 as the first discount house to operate in Nigeria. FSDH Merchant Bank was one of the first companies given a merchant banking license in the country.

FSDH CAPITAL LIMITED

FSDH Securities Limited (formerly Counters Trust Securities Limited) was incorporated in July 1995 as a wholly Nigerian owned equity trading company set up to provide a range of capital market solutions to its clients. We are a member of the Nigerian Stock Exchange.

PAL PENSIONS LIMITED

Pensions Alliance Limited is a joint venture between First Securities Discount House Limited (FSDH) (now known as FSDH Merchant Bank) and African Alliance Insurance Company Limited.
We are a licensed Pension Fund Administrator with over 13 years experience.

What We Stand For.

Providing In-depth expertise in the industry.

Mission

Improving outcomes for our customers and subsidiaries while delivering value for our shareholders.

Values

To be a top aggregator of financial assets in Nigeria.

Credit Rating

The rating assigned to FSDH Merchant Bank Limited (‘FSDH’ or ‘the Bank’) is underpinned by good capitalization, good liquidity, good profitability and an experienced management team.

Careers

We strongly believe that our people are critical to our success in building a sustainable and dominant business in the countries we operate in across Nigeria. We go to great ends to source, attract, recruit, develop and retain the best talents where-ever they may be in the world. To this end, we are always striving.