Ecobank Partners Vivo Energy on Xpress banking service

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Ecobank Ghana has partnered Vivo Energy to introduce Xpress point agency banking.

This is an easy banking service allows customers to access some banking services at selected shell filling stations in a bid to deepen financial inclusion in the country.

Executive Director of Ecobank Ghana, Morgan Fianku Asiedu speaking at the launch of the service said that the drive in deepening financial inclusion in Ghana is one that falls in line with Ecobank Ghana’s vision to increase its customer base to 11 million by the year 2020.

“In Ghana, Ecobank’s digital drive favourably supports government’s desire for every Ghanaian to have a bank account. We see this as a meaningful contribution towards reducing the over 70% of Ghanaians who currently have no bank accounts,’’ he said.

Under the signed agreement with Vivo energy, Shell Ghana will distribute selected products and services of Ecobank Ghana throughout its stations across the country.

Mr Fianku Asiedu called for more partnerships such as this, to help improve financial inclusion across the African continent as the drive to decrease the non-banking population is not the sole responsibility of governments.

“At the same time, this partnership will also enable Vivo to become not the only dealer in fuel lubricants but a multi-service one-stop shop offering auto care services, groceries and financial services”.

Managing Director of Vivo Energy, Ebenezer Fulkner on his part lauded Ecobank Ghana for efforts to bring banking services closer to customers.

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