Baobab Mfb gets recognition

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Baobab Microfinance Bank has emerged as the Micro-small and medium-sized enterprises’ Microfinance Bank of the Year at the 2022 Banking and Financial Institutions Awards in Lagos.

“Already we have the Baobab application which is doing a lot of wonders in the market, enabling customers to do transactions seamlessly without actually coming to the bank. We also partner with some agency bank networks to render services to those in remote areas and this is going to continue in the years ahead, as we are also opening more branch networks in Port-Harcourt, Aba, and Onitsha.

’’This expansion has led us to disburse over N5bn monthly to over 5,000 customers in terms of credits. Our goal is to become the No 1 Microfinance Bank in Nigeria and Africa for the MSME sector and that is why we are constantly building our capacity, technology, and products.” Kazeem noted in the statement that steps had been taken by the leadership of the board, management of the bank, and the dedication of the people working across the organisation, to deliver the successes for which Baobab is being rewarded.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines