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.

Olayinka Oladapo Jogunola     Sebastine Obasi     Salihu Yahaya     Abubakar Abdulraheem     Edret Sabi Abel     SWAN     Playing Host     Yusuf Lanre Badmus     Ramadhan     Edu     Chemiroy Nigeria Limited     Farouk Salim     Benin Republic     Ayoade Akinnibosun     David Adesina     Ilorin Amusement Park     Yekeen Alabi     Oba Of Jebba     Bolaji Abdullahi     Ghali Alaaya     Congress For National Consensus     Lasiele Alabi Yahaya     Ibrahim Abdulqadir Abikan     Muhammed Akanbi     Okanlawon Musa     Maigida     Countryside Emerging Leaders Fellowship     N-Power     Shade Omoniyi     Ilota     Col. Ibrahim Taiwo     Obayomi Azeez     MMWG     Amos Sayo     Emir Of Shonga     Samuel Adaramola     Abdulrasheed Na\'Allah     Sobi Specialist Hospital     Afetu Of Alabe     Asa     Wahab Issa     Eruku     Emmanuel Bello     Tafida     Basic Education Certificate Examination     Maja     Okin Malt     Dankaka     Presidential Election     Alikinla     Okedare     Imam Gambari     Emir Of Ilorin     Ahmad Ali     Suleman Abubakar     Kayode Issa     Abdulfatai Ahmed     Apata Ajele Secondary School     Bayer Nigeria Limited     Oluwarotimi Boluwatife Adenike     Idris Amosa Saidu     Abdulfatai Salman Baakini     Afolabi-Oshatimehin     Ilorin South Constituency     Guber Aspirant     Elections     Albert Ogunsola     Aliyu Sabi     Offa Descendants Union     Leke Ogungbe     Cassava Growers\' Association     Junior Secondary School Certificate Examinations     Kwara State Coalition Of Business And Professional Associations     Haruna Tambiri Mohammed     Olatomiwa Williams     Shettima     Kola Bukoye    

Cloud Tag: What's trending

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

Tanke Flyover Bridge     Edu     Monkey Pox     Babaloja-General     Vasolar Consortium     Deji Ajani     Mahee Abdulkadir     Abdulrasheed Na\'Allah     Folaranmi Aro     Gbajabiamila     Raymond Olaitan     Babs Iwarere     KFA     Salman Suleiman     Teachers Specific Allowance     Jimoh Lambe Abdulkareem     Kupchi Hosea Maxwell     Niyi Ogundiran     KWSUED     Abdulmalik Bashir Mopelola Risikatullahi     Orisun Igbomina     Photo News     Ayobami Seriki     Amusement Park     Tosin Saraki     Durbar Festival     Laolu Saraki     Sadiq Umar     Raliat Elelu-Habeeb     3MTT     Pilgrims Board     Moshood Kashimawo Abiola     Ilorin Emirate     Wasiu Onidugbe     Onikijipa     Federal Neuro-Psychiatric Hospital     SGBN     Sango-UITH Road     Toyin Falola     Mazars Consulting     Damilola Yusuf Adelodun     Alao Ayotunde     Dorcas Afeniforo     Nigeria Association Of Women Journalists     National Union Of Road Transport Workers     Kwara State Fire Service     Sherif Shagaya     Ayedun     Kwara South     Smart School     Air Peace     Nigeria Foundation For Artificial Intelligence     Razaq Ayobami Akanbi     AbdulQowiy Olododo     Kwabes     Ezekiel Yissa Benjamin     Basit Olatunji     Yahaya Dumoye     Akeem Lawal     Ahman Patigi     Lola Ashiru     Taibat Ayinke Ahmed     Irepodun     Idris Garuba     College Of Health     Principal Private Secretary     Kwara State Infrastructure Development Fund     Local Government Pension Board     IsDB     Ilorin Talaka Parapo     Hajj     Kola Ologbondiyan     Ayotunde Emmanuel Alao     Aminu Adisa Logun     Olokoba Sulyman     Aliyu Kora-Sabi     Offorjama