Microfinance bank launches cashless centres in Kwara, Oyo

Date: 2021-07-02

Advans La Fayette Microfinance Bank has launched two new cashless centres in Offa, Kwara State, and Iseyin, Oyo State.

It said in a statement on Wednesday that this was to create more efficient and agile branches that would be closer to the financially excluded members of the society.

The two branches brought the number of Advans cashless centres serving hundreds of financially undeserved in Nigeria to three, with a total of 17 branches, the statement said.

The Managing Director/Chief Executive Officer, Gaetan Debuchy, said, "The expansion is one of the company's innovative approaches to providing seamless, affordable and transparent financial services to micro, small and medium scale enterprises in the nooks and crannies of Nigeria.

"It will help us as a bank to make more impact with less resources so as not to increase the cost of service to clients."

According to him, Advans is a model microfinance institution that has continued to promote private sector-led economic and social development in Nigeria, and nine other countries.

The Chief of Business and Strategy, Elvis Oheneba, said factors such as proximity to small businesses and convenience for individuals and business owners were put into consideration in choosing the location of the cashless branches.

"We intend to increase the number of cashless branches from three to six by the end of the year 2021," he said.

Jean-Luc Nzoubou, who also oversees the business activities for the bank network across Nigeria, explained that a cashless centre could do everything a full branch could do.

He said customers could apply for loans, open savings and current accounts, get access to business advisory, and carry out other transactions without having to travel long distances.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ibraheem Adeola Katibi     Kpotum Mohammed Baba     Ajeigbe     Iyiola Oyedepo     Issa Oloruntogun     Stephen Fasakin     Jimoh Saadudeen Muhammed     RTEAN     Ajia-Bako     Mustapha AbdulGaniyu     Wahab Olasupo Egbewole     Jaigbade Alao     A.E. Afolabi     Amusement Park     Balogin Alanamu     Gurei     Sulyman Buhari     Alabi Lawal     Nigerian Supreme Council For Islamic Affairs     Muhammad Akande Olarewaju Odunade     Oke-Odo     Arinola Fatimoh Lawal     Habeeb Abdullahi Al-Ilory     Musa Aibinu     Volunteers Of Ilorin Community And The Emirate     Laduba     Gamji Members Association     Labour Party     Najim Yaasin     Jebba     Mohammed Halidu     Abdulganiyu Salahudeen     Shola Odetundun     Bayo Lawal     Raliat Islamic Foundation     Olukotun Of Ikotun     Yusuf Aiyedun     COVID-19 Palliatives     Ahmed Saidu Rufai     Umar Yakubu Jaja     Irepodun     Yusuf Ibitokun Sherifat     Saba Jibril     Savannah Centre For Diplomacy, Democracy And Development     Babaita     Okanlawon Taiwo     Damilola Yusuf Adelodun     TIIDELab     UNILORIN Alumni Association     Bamidele Aluko     Modibbo Kawu     Amuda Bembe     Femi Agbaje     Lai Gobir     Abdulrahman Onikijipa     Salihu S. Yaru     Islamic Development Bank     Idris Garuba     Basic Education Certificate Examination     Mazars Consulting     Clement Yomi Adeboye     Tunde Oyawoye     Yunus Lawal     Saliu Ajia     Abubakar Baba     General Hospital, Offa     Al-Hikmah Radio     Belgore     Sulyman Abdulkareem     Abdullahi Dasilva Yussuf     Bashir Adigun     Abikan     Bamidele Adegoke Oladimeji     Salmon Babatunde Salmon     Isa Aremu     Habeeb Saidu     Ganmo Electricity Sub-Station    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ishaq Salman     Oyelere Oyinloye     Salihu Yahaya     Ajia-Bako     Memunat Monsuma     Solomon Edoja     Budo Egba     Okin High School     Abatemi-Usman     Olatunji Ayeni     Simeon Ajibola     NNPP     Henry Makinwa     Muhammed Mahe Abdulkadir     Iyabo Adewuyi     Rebecca Olanrewaju     Monkey Pox     Obasanjo     Bolaji Nagode     Saad Omo\'ya     Oja-Oba     Saad Belgore     Alabere     Olumide Daniel Ibitoye     Wahab Isa     Ramadhan     Dunmade     Oladimeji Thompson     Tayo Alao     Temi Kolawole     Is\'haq Modibbo Kawu     Abdulrahman Iliasu     James Kolo     NTA Ilorin     Amusa Bello     Kwara State Polytechnic     Orisa Bridge     Kale Belgore     Aminu Adisa Logun     Elerin Of Erin-Ile     Saliu Mustapha     Christopher Odetunde     Oyawoye     Garba Idris Ajia     Awoye     Funmilayo Oniwa     Olatunji Moronfoye     Muritala Olarewaju     Medview Airlines     Tunji Folami     Joseph Alex Offorjama     Local Government Pension Board     Folajimi Aleshinloye     Ifelodun     Agbarigidoma     Emir Of Yashikira     Roheemat Hammed     IYA ALFA NLA     Sarkin Malamai     Paul Olawoore     Moses Adekanye     Muftau Akanbi Oke     Ministry Of Women Affairs And Social Development     Kannike     David Oyedepo     Adamu Ibrahim Sabi     Salihu S. Yaru     Code Of Conduct Tribunal     Sola Saraki University     Kulende-UITH     Abdulquowiyu Olododo     Kayode Oyin-Zubair     Kwabes     Ilorin Metro Park     Abubakar Imam     Raji AbdulRasaq     NIRSAL