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First bank of Nigeria Interview Questions and Answers

Updated 15 Aug 2024

First bank of Nigeria Interview Experiences

Popular Designations

3 interviews found

Interview experience
4
Good
Difficulty level
Hard
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before May 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

30 MCQ questions with 4 rounds

Round 2 - One-on-one 

(1 Question)

  • Q1. What is debt equity ratio and what does it signify ?
  • Ans. 

    Debt equity ratio is a financial metric used to evaluate a company's financial leverage by comparing its total debt to total equity.

    • Debt equity ratio = Total Debt / Total Equity

    • It indicates the proportion of a company's financing that comes from debt compared to equity.

    • A high debt equity ratio may indicate higher financial risk, while a low ratio may suggest a more conservative financial structure.

    • Investors and credito...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. What do you know about settlements ?
  • Ans. 

    Settlements refer to the process of finalizing financial transactions, typically involving the transfer of funds or assets between parties.

    • Settlements can involve the payment of debts, legal disputes, or financial agreements.

    • They can be done through various methods such as wire transfers, checks, or electronic payments.

    • Settlements are often used in the context of mergers and acquisitions, where the terms of the deal ar...

  • Answered by AI

Business Finance Manager Interview Questions asked at other Companies

Q1. What is debt equity ratio and what does it signify ?
View answer (1)
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - Aptitude Test 

The aptitude test was difficult a bit and i had issues with computer shutdown in my centre

Interview Preparation Tips

Interview preparation tips for other job seekers - I'll advice that you carry your own calculator and study past question well

Graduate Trainee Interview Questions asked at other Companies

Q1. Given an array, how do you get the count of pairs that sum to even
View answer (8)

I applied via LinkedIn and was interviewed in Sep 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Aptitude Test 

Just dragnet exams which is a sort of complex and you need to be well prepared.

Round 3 - HR 

(1 Question)

  • Q1. Can I know you, what is your view about the company.
Round 4 - One-on-one 

(1 Question)

  • Q1. What are you expecting in this job role

Interview Preparation Tips

Interview preparation tips for other job seekers - I believe everyone has got the sky to shine, put in your best and effort and one day it will surely pay off.

Digital Marketing Executive Interview Questions asked at other Companies

Q1. What is the difference between do follow and no follow links?
View answer (5)

Interview questions from similar companies

I was interviewed before Sep 2016.

Interview Questionnaire 

1 Question

  • Q1. Growth prospects and compensation

Interview Preparation Tips

Round: Test
Duration: 25 minutes
Total Questions: 40

Round: Group Discussion
Tips: You should show how you can stand out in the competitive crowd
Duration: 5 minutes

Skills: Selling Skills, Analytical Skills

I applied via Campus Placement and was interviewed before Sep 2020. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Explain about yourself
  • Q2. Questions based on your resume
  • Q3. Analytical questions according to the vaccnay you are applying

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and let them get convinced that you will be perfect for the job and also always try to initiate the group discussion

I applied via Company Website and was interviewed in Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. My job work experience.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good experience

I applied via Walk-in and was interviewed before Feb 2021. There were 2 interview rounds.

Round 1 - Group Discussion 
Pro Tip by AmbitionBox:
Don’t treat group discussions as an argument. Group discussion is about reaching a meaningful conclusion.
View all GD tips
Round 2 - HR 

(5 Questions)

  • Q1. Why should we hire you?
  • Q2. What are your salary expectations?
  • Q3. What is your family background?
  • Q4. Share details of your previous job.
  • Q5. Why we are hired you ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Whatever you want to do overall life future growth job

I applied via Campus Placement and was interviewed before Sep 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What is sales?
  • Ans. 

    Sales is the process of exchanging goods or services for money or other valuable consideration.

    • Sales involves identifying potential customers and persuading them to buy a product or service.

    • It includes activities such as prospecting, lead generation, qualifying leads, making sales presentations, negotiating and closing deals.

    • Sales can be done through various channels such as direct selling, telemarketing, online sales,...

  • Answered by AI
  • Q2. Are u good at sales?
  • Q3. Can u sale me anything ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Convincing someone for something is sales .

I applied via Referral and was interviewed before Aug 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. I was asked about sales and loan related questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview want to test both my knowledge and communication skills. Most of the question asked to me were related to my qualifications and experience related topics. I tried to answer each question with example also used props on the table

I applied via Company Website and was interviewed before May 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(2 Questions)

  • Q1. Personal details,skills
  • Q2. Are you willing to work anywhere

Interview Preparation Tips

Interview preparation tips for other job seekers - The overall experience was good and be greatfull
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First bank of Nigeria Interview FAQs

How many rounds are there in First bank of Nigeria interview?
First bank of Nigeria interview process usually has 2-3 rounds. The most common rounds in the First bank of Nigeria interview process are One-on-one Round, Aptitude Test and Resume Shortlist.
What are the top questions asked in First bank of Nigeria interview?

Some of the top questions asked at the First bank of Nigeria interview -

  1. What is debt equity ratio and what does it signif...read more
  2. What do you know about settlement...read more

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First bank of Nigeria Interview Process

based on 2 interviews

Interview experience

3.5
  
Good
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First bank of Nigeria Reviews and Ratings

based on 19 reviews

4.0/5

Rating in categories

4.4

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3.9

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3.3

Salary

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Job security

3.7

Company culture

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