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.

Valsolar Consortium     Forgo Battery     Folajimi Aleshinloye     Akom Construction And Engineering Synergy Ltd     Suleiman Ajadi     Salmon Babatunde Salmon     Suleiman Rotimi Iliasu     Mujtabah Bature     Federal Allocation     Principal Private Secretary     Jumoke F. Ajao     Abdulmumini AbdulRazaq     Muslimah Entrepreneurship Forum     Olanrewju Okanlawon Musa     Sheriff Olanrewaju     Kwara Restoration Project     Facebook     Amuda Bembe     Abdulkadir Jimoh     IDPU     Abraham Ojo     Kwara State Television     Ilorin South     Saadatu Modibbo-Kawu     Akume     Alloy Chukwuemeka     Mary Arinde     Yusuf Babatunde Abdulwahab     Oladimeji Thompson     Lawyers Unite Against Corruption     Monthly Sanitation Exercise     Mamatu Abdullahi     Lithium Deposit     Babatunde Ishola Babaita     Olayinka Oladapo Jogunola     Tunde Kazeem     Chief Imam Of Offa     Abdullahi Adisa Akodudu     Yusuf Abdulkadir     Kwara State Geographic Information Service     Kwara State Branch Of The National Library     Olatinwo     Bolakale Saka     Sa\'ad Alanamu     Olaiya Victor Mobolaji     Moro     Amasa     Kayode Yusuf     Mansurat Amuda-Kannike     Niyi Osundare     Federal Polytechnic Offa     Rafiu Olasile     Col. Adedipe     Ethical College     Adedeji Onimago     Ghali Muhammed     Students Union Government     Adedayo Yusuf Abdulkareem     Olaoye B. Felix     Ganmo     NSCIA     Offa Grammer School     Women Radio     Fatima Abolore Jimoh     International Public Sector Accounting Standards     Overland     Irepodun     Funmilayo Zubair     Ibrahim Gambari     PAACO-PCL Consortium     Rice Farmers Association Of Nigeria     Ghali Alaaya     Oloye     Radio SBS     Moji Makanjuola     Kudirat Arinola Lawal     David Oyerinola Adedunmoye    

Cloud Tag: What's trending

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

Kola Bukoye     Amos Sayo     Shuaibu Yaman Abdullahi     Oke-Oyi     Towobola Abdulrahman Toyin     Abdullahi Dasilva Yussuf     Funmilayo Isiaka Oniwa     Opobiyi     Mumeen Lah     Shuaib Jawondo     Shagari     Kulende     Alapansapa     Idowu Aremu     Musbau A. Akanji     Bio Ibrahim     Charles Ibitoye     Jawondo     Oluwole Dupe     Eruku     Saba Jibril     Oyun     Abdulraheem Olesin     Okin Biscuit     Muhammed Mahe Abdulkadir     Damilola Yusuf Adelodun     Ojo Fadumila     LABTOP     Mohammed Khadijat Kubura     Anilelerin     Abdulrasaq Alaro     Oloriegbe     Abdulrazak Shehu Akorede     Mohammed Lawal     Dele Belgore     Yahaya Jibril Usman     Laboratory-to-Product     Sulyman Abdulkareem     Bamidele Aluko     Abdulwahab Oba     Ibrahim Oloriegbe     SWAN     Kehinde Boyede     Abdulkadir Jimoh     KFA     Okoolowo     Tunde Saad     HYPPADEC     Balogun Ajikobi     LEAH Charity Foundation     Idofin     Ilorin East     Alloy Chukwuemeka     Popo-Igbonna     Salihu Yahaya     Sodiya     First Lady     Adedipe     Chief Imam Of Lafiagi     Pakata     Titus Ashaolu     Yoonus Lawal     Sola Saraki University     Tunji Moronfoye     Abdullahi Biffo     Monsurat Omotosho     Haleeman Salman     Code Of Conduct Tribunal     Abubakar Suleiman     Village Alive Development Association     Ahman Pategi University     Bamidele Adegoke     Public Holiday     SARS     Rasheed Jimoh     Igosun     Abdulrahman Iliasu