Firstbank Prepares 500,000 Agents to Boost financial inclusion in Nigeria

27

First Bank of Nigeria Limited has put plans in top gear to get up to 500,000 operators on board its agent banking platform in a bid to enhance financial inclusion across the country.

FirstBank’s Chief Executive Officer, Dr. Adesola Adeduntan made this known during the 12th Annual Conference of the Chartered Institute of Bankers of Nigeria (CIBN) held in Abuja between 24th and 25th of September 2019.

The First Bank’s CEO, who also served as the Chairman of the CIBN 2019 Conference Consultative Committee, noted FirstBank would support all efforts to ensure effective financial inclusion in Nigeria.

He said: “we have a very ambitious plan to appoint about 500,000 agents across the nook and cranny of our country and to ensure that banking facilities and services are made available to all Nigerians.”

Adeduntan noted that the banking sector in Nigeria remained the primary partner to the government with regards to economic growth and development in the country.

READ ALSO: BRAND FACTS on First Bank Plc

“If we do not utilise those opportunities and mainstream them properly, the country and the entire economy will be left behind,” he stated.

Themed: “the future of the Nigerian banking industry – 360o”, the CIBN conference had Professor Yemi Osinbajo, Vice President, Federal Republic of Nigeria as the Special Guest of Honour.

It could be recalled that in 2017, FirstBank launched its agent banking network; ‘Firstmonie Agent’, described as its ‘Human ATM’.

The Firstmonie Agents are raised to provide easy access to finance for all Nigerians, regardless of where they may be across the country.

According to the Bank, the Firstmonie Agents complement the Bank’s effort at reducing the unbanked in the country, whilst providing a handful of the Bank’s bespoke financial services, including; account opening; cash deposit; airtime purchase; bills payment; withdrawals and money transfer.

Findings showed these agents are usually owners of small businesses within communities with limited or no banking penetration. Currently First Bank has an Agent Banking strength of over 31,000 Agents, spread across 98% of the country’s 774 Local Government Areas (LGAs).

Samson Oyedeyi

You might also like

Leave A Reply

Your email address will not be published.

27 Comments
  1. Adam Ahmad Naibi says

    THAT IS MY BANK,MAY GOD GUIDE YOU.

  2. vebrand says
  3. Stromectol says

    Comprar Viagra Generico Espana

  4. fliernono says

    http://buypropeciaon.com/ – propecia amazon

  5. PestQuene says
  6. Cialis says

    Viagra Effetti Forum

  7. Vendionig says

    https://buystromectolon.com/ – buy stromectol online

  8. Ledebeers says
  9. finasteride over the counter says

    Propecia Generic Viagra Online

  10. Mushids says
  11. Jashytese says
  12. priligy and cialis together says

    Compra Viagra Postepay

  13. unfaild says

    http://buylasixshop.com/ – furosemide hyperkalemia

  14. Lasix says

    Amoxicillin Sun Effects

  15. invingerb says
  16. Atroldbob says
  17. Plaquenil says

    Strep Throat 200ml Of Amoxicillin

  18. pingime says
  19. Calluro says
  20. sepSpapse says
  21. z pack medicine says

    Amoxicillin 500mg Side Effects

  22. spookejem says
  23. effenoJep says

    https://buyneurontine.com/ – gabapentin anxiety

  24. Neurontine says

    Canadian 24 Hour Pharmacy

  25. guilese says

    https://prednisonebuyon.com/ – prednisolone sod phos 15mg 5ml sol

  26. excumbege says
  27. Prednisone says

    Compare Prices Online Usa

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More