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In its core operations, Ecobank seeks to promote Financial Inclusion amongst the Nigerian community by offering digital financial solutions like its banking app, virtual card, and Ecobank Mobile geared at conveying convenience and ease
In its core operations, Ecobank seeks to promote Financial Inclusion amongst the Nigerian community by offering digital financial solutions like its banking app, virtual card, and Ecobank Mobile geared at conveying convenience and ease. Head of Agency Banking Olanike Kolawole, in comments, stated that; “Apart from driving financial inclusion of the unbanked and under-banked, we are improving neighborhood banking with our 50,000 agent points across Nigeria. The vision of the Ecobank is to use the agency banking scheme to drive entrepreneurship, provide employment opportunities and support Micro, Small and Medium Enterprises (MSMEs) to contribute meaningfully to the development of the nation’s economy. For us as a bank, agency banking is part of our efforts to help more Nigerians embrace entrepreneurship as the best strategy to tackle poverty and address growing unemployment. We are out to empower people to create wealth and enjoy financial freedom.”
As Xpress Point continues to expand across the country and more people are entering the banking space, Ecobank advances in its vision for financially digitalized Nigeria. Reaching the underserved population whilst growing its customer base.
Nigeria in focus:
Population: 206.1 million in 2020 as compared to 201 million in 2019
GDP: $432.3 billion compared to $448.1 billion in 2019
GDP per capita: $2,097 in 2020 compared to $2,229 in 2019
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