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.

Abubakar Imam     Alaro     Allocation     Basit Olatunji     Simeon Ajibola     Ghali Alaaya     Hakeem Lawal     Yusuf Arowosaye     Aliyu Salihu     Raymond Olaitan     Ilorin Innovation Hub     Opobiyi     Abdulkadir Remi Hawawu     Ladi Hassan     A.E. Afolabi     Kwara State Health Insurance Agency     Apata Ajele Secondary School     Aasiyat Bello Oyedepo     Jeunkunu-Malete-Bani     SWAN     Abatemi-Usman     Afin Descendants Union Of Odo-Owa     Binta Abubakar-Mora     Mohammed Jimoh Faworaja     Raliat Elelu-Habeeb     SSUCOEN     Abdulrasheed Na\'Allah     Musa Ayinla Yeketi     Ogbondoroko     SUBEB     Aishat Sulu-Gambari     Lotus Bank     Yahaya Abdulkareem Babaita     National Association Of Nigerian Students     Isiaka Rafiu Mope     Alimi Abdulrazaq     Kawu Baraje     Gurei     Nigeria Foundation For Artificial Intelligence     Adanla-Irese     Mohammed Katsina Ahmed     Saduki Lafiagi     Tafida Of Ilorin     Federal Polytechnic Offa     AGF Abdulrazaq     AbdulRauf Keji     Kwara-SAPZ Project     NURTW     Isiaq Khadeejah     Rueben Parejo     Saliu Ajia     Abdullateef Abdussalam     John Kehinde Salako     Shuaib Abdulkadir     Suleiman Idris     Adesoye     Taofik Mustapha     Kwara State Geographic Information Service     TVC Female National Debate     Temi Kolawole     Omar Gambari     Woro     Abdulrasaq Alaro     Adisa Logun     Ojuekun     Kannike     Yusuf Ali     Abubakar B.M     College Of Education     Orisa Bridge     Ibikunle Ogunleye     Esuwoye     Alaaya     Volunteers Of Ilorin Community And The Emirate     Alfa Modibo Belgore     Patience Jonathan     Bello John Olanrewaju    

Cloud Tag: What's trending

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

Imodoye Writer’s Enclave     Amusement Park     Tricycle Owners Association Of Nigeria     Azeez Bello     Millennium Development Goals     Sun Qing Rong     Orisun Igbomina     Ayo Adeyemi     Presidential Election     Special Agro-industrial Processing Zone     John Dara     Grillo     Ilorin Curfew     AbdulRasaq Abdulmajeed Alaro     Olomu     Pacify Labs     Eleja     Sanitation Exercise     Muhammed Danjuma     Idris Amosa Oladipo Saidu     Musa Yeketi     Oba David Oyerinola Adedunmoye     Otuka     Olokoba     Nigerian Supreme Council For Islamic Affairs     Jimoh Saadudeen Muhammed     Adam Abdullahi Al-Ilory     Kayode Laro     Isiaka Saka Opobiyi     Ademola Kiyesola     Rasheed Jimoh     Rafiu Ajakaye     Bolakale Kawu     Mansur Alfanla     Allocation     Bolakale Kawu Agaka     Kwara     Abatemi-Usman     Countryside Emerging Leaders Fellowship     Abdulganiyu Oladosu     08001000100     IHS Towers     Mohammed Haruna     Chief Imam Of Offa     Toyin Falola     Offa Descendants Union     Kale Kawu     Bolaji Abdullahi     Clara Nwachukwu     Olaitan Adefila     Alaro     Kamaldeen Ajibade     Buari Edun     Yusuf AbdulRasheed     Garment Factory     Rapheal Ashaolu     Sarkin Malamai     AIT Ilorin     Busari Toyin Isiaka     Samari     Olota Of Odo-Owa     Sheriff Olanrewaju     Zaratu Umar     Playing Host     Mahfouz Adedimeji     Mohammed Ajia Ibrahim     Bolaji Gambari     3MTT     Sunset Workers     Alliance For Democracy     KWSUED     Oro Grammar School Old Students Association     Moro     Lukman Adeloyin     Just Event Online     Bello Oyebanji     Kabir Shagaya