Ecobank Nigeria’s aim to use its agency banking network to drive financial inclusion is bearing fruit, with over 50,000 agents across the country, according to the bank.
The bank claims that the agents are enabled to build wealth and enjoy financial freedom in addition to assisting in the implementation of the bank’s financial inclusion policy in Nigeria.
Customers may make basic deposits, withdrawals, and transfers in their own neighbourhood rather than travelling to a bank office, according to Olanike Kolawole, Head of Agency Banking, Ecobank Nigeria, who revealed this in Lagos.
“Apart from driving financial inclusion of the unbanked and under-banked, we are improving neighbourhood banking with our 50,000 agent points across Nigeria.”
The Ecobank’s vision is to use the agency banking scheme to promote entrepreneurship, create jobs, and help Micro, Small, and Medium Enterprises (MSMEs) contribute significantly to the nation’s economic development.
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