Ecobank and BOI Join Forces to Drive Financial Inclusion in Nigeria
Ecobank Transnational Incorporated parent company of the Ecobank Group, its Nigerian subsidiary Ecobank Nigeria and Bank of Industry Limited yesterday signed a memorandum of understanding to cooperate in deepening financial services delivery to micro, small and medium enterprises in Nigeria . The partnership has the potential of bringing millions of the unbanked in Nigeria into the mainstream financial system .
Ecobank Nigeria is a key partner in the implementation of Bank of Industry’s financial inclusion programmes for poverty alleviation, wealth creation, enterprise promotion, employment generation and other related objectives. Supporting the financially excluded has been a critical part of Ecobank’s strategy. Ecobank is a leading microfinance provider in six African countries , offer ing banking services to all , including unbanked populations through its digital platform. In May 2016 Ecobank ’s work in this area was recognised with the award for Best Bank in Financial Inclusion in Africa at the 10 th edition of the African Banker Awards in Lusaka, Zambia. Read the full article here: