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.

Ilofa     Inside Kwara     Elelu     AGM Professional Services     Hijab     Onilupeju Of Ilupeju     Al-Adaby     General Hospital     Aminu Ado Bayero     Amina Susa\'a De Ahmed     COEASU     Yaru     Chief Of Staff     Saheed Alakoso     Fulani     Oja-Oba     Rafiu Ibrahim     Ganiyu Abolarin     Binta Sulyman     Waziri Yakubu Gobir     Senior Staff Union Of Colleges Of Education     Oni Adebayo     Kayode Ishola     Adanla-Irese     Kamaldeen Ajibade     Gobir Organization Foundation     Ahmad Olanrewaju Belgore     Bahago     Olofa Of Offa     Olabanji Orilonishe     Kayode Ogunlowo     Sadiq Umar     Bisi Kristien     Oluranti Idowu     Saliu Tunde Bello     AbdulRazaq Jiddah     Sulyman Buhari     Harafat E. Mukadam     Salami Adekunle     Abdulkadir Orire     Salihu Jibril Garbi     AbdulGafar Tosho     SUBEB     Ahmed Shuaib Buranga     Ridhwanullah Al-Ilory     Aremu Bose Deborah     Federal Neuro-Psychiatric Hospital     Ita-Ore     Kwara State Geographic Information Service     Shuaib Jawondo     Olayinka Are     Aliyu Adebayo     Kwara Polytechnic     Mohammed Saidu     Bolakale Ayo     Chief Imam Of Offa     ITP     Kazeem Gbolagade     Muhammad Fawaz Abubakar     Oba Mogaji Abdulkadir     KWTV     Maja     Mahfouz Adedimeji     Abdulmajeed Abdullahi     Maigida Soludero Transit     Balogun Gambari     Boko Haram     John Dara     Abubakar Atiku     KFA     Abdulmumini Jawondo     Abdulraheem Olesin     Raji Ayodele Kamaldeen     FERMA     Col. Ibrahim Taiwo     Quareeb Islamic Association     Razaq Ayobami Akanbi    

Cloud Tag: What's trending

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

Elelu     Islamic Development Bank     Idris Garba     Emmanuel Olatunji Adesoye     Emmanuel Bello     Ishola Abdullahi     IYA YUSUF     Sulu Gambari     Mohammed Tunde-Jimoh     Olayinka Olaogun     Christopher Ayeni     KWASEIC     Mohammed Ibrahim     Yemi Osinbajo     Moro     Col. Adedipe     Susan Modupe Oluwole     Vasolar Consultoria     Rueben Parejo     Fatimoh Lawal     International Public Sector Accounting Standards     Jumoke F. Ajao     Rashidi Yekini     Salmon Babatunde Salmon     Yusuf Ibitokun Sherifat     Iqra Books     Idowu Laro     Abdulkadir Bolakale Sakariyah     Abdulrosheed Okiki     Council Of The Wise     Toyin Saraki     Principal Private Secretary     HICA     Bashirat Bola Bello     Popo-Igbonna     Yusuf Olaolu Ali     Mohammed Halidu     Rotimi Atere     Olumide Daniel Ibitoye     Ubandoma Of Ilorin     Omoniyi     Muhammad Sirajo Aliyu     Aisha Abodunrin Ibrahim     Saka Keji     Al-Hikmah University     ER-KANG Mining     Isiaka Gold     Oyelere Oyinloye     Al-Hikmah Radio     NITDA     Democracy Day     Jumoke Gafar     Iyiola Oyedepo     Halidu Danbaba     AbdulHamid Adi     Mohammed Yisa     Ajasse-Ipo     Olushola Saraki     Iyabo Adewuyi     National Association Of Nigerian Students     Ahmed \'Lateef     Y.A. Abdulkareem     Oluwole Dupe     Wasiu Onidugbe     KW-GIS     Onilu     Kolawole Bashirat     CACOVID Palliatives     Plat Technologies Limited     Kwara State Council Of Chiefs     Orisun Igbomina     Yusuf Abdulkadir     Bayo Onimago     Sa\'adu Salahu     Biliaminu Aliu     Tope Daramola     Ilorin Likeminds Foundation