The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated the need for collaboration between the Bank and Chartered Institute of Bankers of Nigeria (CIBN) on financial inclusion and capacity building with a view to moving the industry forward.
The Managing Director, who was speaking against the backdrop of Ecobank’s giant strides in the digital banking space during CIBN stakeholder’s engagement with the Bank in Lagos earlier in the week, noted that partnership with the Institute would further boost the financial strategy of the industry regulators.
Ecobank Nigeria, Patrick Akinwuntan averred will continue to leverage its digital banking in a sustainable manner to bring banking services to every household in Nigeria, adding that the bank is at the forefront of providing mobile payment solutions in the country.
According to Akinwuntan, “Ecobank through our various innovative digital payments and collections is attracting many unbanked and under-bank in the country to the financial landscape. Further collaboration with such a notable organisation as the CIBN will further boost the financial inclusiveness the regulators are pushing.”
He took the stakeholders through the various digital payment solutions such as RapidTransfer, EcobankPay, QR Technology, EcobankPay zones, Xpress Account and Mobile Payment, among others, stressing that apart from stress-free transactions, the product and services was boosting business and economic activities across the country and the Africa continent.
In his comment, the President and Chairman Of Council, Chartered Institute of Bankers of Nigeria (CIBN), Dr Uche Olowu commended Ecobank’s strategies at attracting the unbanked and under-banked in the country through its various digital offerings.
He affirmed that Ecobank’s recent activities across various markets clusters are a major boost to the regulator’s financial inclusion policy.
Dr Uche Olowu alluded to the various digital payment solutions that bank currently parades. He noted that apart from the stress-free transactions process enjoyed with these digital products, they are fast boosting business and economic activities across the markets.
In his words, the CIBN President said: “We commend the bank on its promotion of digital banking and payments through its various platforms which have won it many awards. This is certainly the way to go. And, we also appreciate your support to the Institute’s activities and programmes.”