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Nigeria: Total & Ecobank Partners For Agency Banking Services

Nigeria: Total & Ecobank Partners For Agency Banking Services

In order to offer agency banking services at Total fuel service stations across the country, Ecobank Nigeria is teaming up with Total Nigeria Limited.

At the outlets known as Ecobank Xpress Points, members of the public can carry out their financial transactions such as deposits, withdrawals and account opening. They have been carefully selected by the bank which will kick off with 100 fuel service stations.

Carol Oyedeji, Executive Director, Consumer Banking, Ecobank Nigeria said that in order to take banking service to the doorstep of every Nigerian and African, Ecobank Xpress Points have been deployed through Total Nigeria locations, which is an extension of the bank’s distribution and financial inclusion strategy.

Convenient and accessible financial services is anticipated to be offered by the outlets in a cost effective and secure manner. With its agency banking initiative, Ecobank is determined to extend the reach of its banking services to customers in remote and rural locations. Oyedeji added that to deliver their strategy of reaching 100 million customers by 2020, they have created innovative platforms, products and services, which are already serving a much larger customer base.

Total Nigeria Plc’s General Manager Sales and Marketing, Adesua Adewole, said, “At Total, the team develops our network of service stations everywhere in Nigeria daily, to bring Total closer to its 200,000 daily customers. Becoming real one-stop shops, our 570 stations offer quality products and services tailored to their needs.”

The partnership with Ecobank is an illustration of one of Total’s strategies that will strengthen the cashless initiative of the Central Bank of Nigeria (CBN). Source: The Nation PWKD13072018

Last modified onMonday, 16 July 2018 05:06
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