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.

Laolu Saraki     Issa Manzuma     Temi Kolawole     Odo-Owa     GRA     Bayer Nigeria Limited     Jawondo     Tafida Of Kaiama     Economic And Financial Crimes Commission     Seni Saraki     Raliat Elelu-Habeeb     REO CAKES     Post Utme     Joseph Alex Offorjama     Olawuyi     Gbemisola Oguntimehin     Muftau Akanbi Oke     Ajia-Bako     Maimunat Oloriegbe     Shehu Adaramaja     Henry Makinwa     Abdulrazak Shehu Akorede     Onilorin Of Ilorin     Abubakar Ndakene     Segun Ogunsola     Belgore     Wahab Isa     Tunji Folami     Alore     Kwara South     Chemiroy Nigeria Limited     Waheed Ibrahim     Ilorin West/Asa Federal Constituency     Babatunde Idiagbon     NULGE     Isiaka Abdulrazak     Alimi     Abdulkareem Alabi     Diagnostic Centre     Dan-Kazeem     Toyin Falola     Omupo     Gbemi Saraki     Sadiq Umar     Imam Gambari     Sai Kayi     Ahmed Mohammed Rifun     Ilorin Anchor Men And Women     NYSC     Mohammed Khadijat Kubura     Moshood Kashimawo Abiola     COVID-19 Palliatives     Okin Biscuit     Riskat Opakunle     Mohammed Haruna     Tosin Saraki     Hassanat Bello     Rihanat Ajia     Isin     Bayo Ojo     Bolaji Aladie     Muslimah Entrepreneurship Forum     Ayo Salami     Saliu Shola Taofeek     Overland     Nagode     Fatimat Saliu     Ethical College     Folorunsho Alao     Olabode George Towoju     Aso Ofi     Sunday Popo-Ola     Magaji Are     Local Government     Oba Abu     Ohoro Of Shao     Oba-Solagberu    

Cloud Tag: What's trending

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

Quran     Alfa Modibbo Belgore     Muyideen Ajani Bello     Ilorin South Constituency     Bukola Saraki     Jimoh Akani     Plat Technologies Limited     Ilorin Water Reticulation     Stephen Fasakin     Adebayo Salami     Tayo Awodiji     Vasolar Consortium     Busari Toyin Isiaka     Abdulrahman Abdulrasaq     Ibrahim Taiwo     The Herald     Yunus Lawal     Sheikh Alimi     Niguel Gallando Marcias     Moshood Kashimawo Abiola     Ike Ekweremadu     Jebba     Bello Oyebanji     Adisa Logun     Centre For Peace And Strategic Studies     RTEAN     ANCOPPS     Shehu Jimoh     Aisha Buhari     Haliru Dantoro     Tsado Manman     Saliu Ajibola Ajia     Mustapha Akanbi     April 11     Ope Saraki     AbdulQowiy Olododo     Kwara Consultative Forum     Agbarigidoma     Sheikh Ridhwanullah El-ilory     Malete     Folaranmi Aro     Senate Presidency     National Broadcasting Commission     IPSAS     2017 Budget     Ahmad Olanrewaju Belgore     Joshua Adeyemi Adimula     Olomu     Moses Adekanye     Oke-Ero     Kehinde Baale     Mutawali     Lucky Omoluwa     Yusuf Lanre Badmus     Oluwole Dupe     Senate President     Oloriegbe     Mutawali Of Ilorin     Esinniobiwa Quareeb     Kale Bayero     Siraj Oyewale     Bukola Ajikobi     Mazars Consulting     Inside Kwara     Mustapha AbdulGaniyu     QuickWin     Naira Redesign     Ojo Fadumila     Olatunde Michaels     Sango-UITH Road     Tunji Oyawoye     Shuaibu Yaman     Imodoye Writer’s Enclave     Kwara Restoration Project     Kwara Hotel     Adeleke Ogungbe     Sulyman Atolagbe Alege