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.

Gambari     Waheed Ibrahim     Mahmud Ayinla Giwa     Ilorin Water Reticulation     HICA     Sulyman Tejidini     Abdulwahab Olarewaju Issa     United Nigeria Congress Party     Umar Ahmed Gunu     Makama Of Ilorin     Aliyu Olatunji Ajanaku     Naira Redesign     Omar Gambari     Shehu Alimi Foundation     Simeon Sule Ajibola     Emir Of Ilorin     Volunteers Of Ilorin Community And The Emirate     IPSAS     Shao     Amuda Bembe     Osinbajo     Chemiroy Nigeria Limited     Mufti Of Ilorin     Zara Umar     Owode Market     Yusuf Babatunde Abdulwahab     Funmilayo Zubair     Ndakene     Lotus Bank     Tunde Akanbi     Quarry Royal Valley     Atunwa     Ibraheem Abdullateef     Sulyman Age AbdulKareem     Amos Bajeh     Kwara Restoration Project     Olumide Daniel Ibitoye     Ramadhan     Col. Ibrahim Taiwo     Muritala Awodun     Hassan A. Saliu     Modibbo Kawu     College Of Arabic And Islamic Legal Studies     Timothy Olatunde Fadipe     Yahaya Dumoye     ER-KANG Mining Nigeria Company Limited     SWAN     Kaosarah Adeyi     Muhammed Mahe Abdulkadir     Iyiola Oyedepo     Quareeb     Bola Ahmed Tinubu     Taofik Abiodun Ahmed     Saliu Ajia     Garba Dogo     Shuaib Olarongbe     Abdulfatai Ahmed     Wakilin Mata Lafiagi     Otoge     Afolabi-Oshatimehin     Yinka Aluko     Baba Isale     Olaoye B. Felix     Olabode Towoju     KWACOBPA     Young Progressives Party     Oba Of Jebba     Muhammed Abdullahi     Sabo-Oke     Daud Adeshola     Sam Onile     Kamaldeen Gambari     Oloje     Alaaya     Kisira     Royal FM     Shehu Raheem Adaramaja    

Cloud Tag: What's trending

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

Yusuf Abdulkadir     Seni Saraki     Bahago     AGM Professional Services     Student Learning Support Helpline     Saka Aleshinloye     Gbugbu International Market     Idi-Ape     Abdullahi Adisa Akodudu     Eleja Taiwo Banu     Naira Redesign     Gafaru Olayiwola Olorisade     Millennium Development Goals     Iyabo Adewuyi     Colleges Of Education Academic Staff Union     Ahmad Ali     Bashir Badawi     Lanre Aremu     Kwara United     Binta Abubakar Mora     JAAC     Kabir Shagaya     Suleiman Yahya Alapansapa     Folashade Omoniyi     Obasanjo     Dunmade     Adebayo Mohammed Kamaldeen     Yoonus Kola Olatinwo     Saka Abimbola Isau     General Tunde Idiagbon International Airport Ilorin     Pilgrims Board     Matthew Okedare     Hussein Oloyede     Unilorin FM     Abdulrasheed Akogun     Amusement Park     Alfa Belgore     Alliance For Democracy     CUTI     Amuda Musbau     Amos Sayo     Abdulganiy Abimbola Abdussalam     Ahmad Fatima Bisola     Ahmed Mohammed Rifun     Haruna Olawale Sulaiman     Agboola Babatunde     Yekeen Alabi     National Information Technology Development Agency     Ilorin Likeminds Foundation     Akande Idowu Ayoola Muhammed     Ayobola Ipinlaiye     Abiodun Jacob Ajiboye     AbdulKareem Yusuf Danhawa     Olatinwo     University Road     Yahaya Seriki     Tayo Awodiji     Muhammad Mustapha Suleiman     Waziri Yakubu Gobir     Sun Qing Rong     Femi Oladiji     NULGE     Habeeb Saidu     KWTV     Apata Ajele Secondary School     Mohammed Lawal Bagega     Neo Mundo Ltd     GRA     KWACOBPA     Hakeem Lawal     Buhari     Isiaka Alikinla     Amos Justus Sayo     Women For Change And Development Initiative     Nurudeen Muhammed     Ridwan Agboola     Mohammed Kamaludeen