First Bank Restates Commitment to Deepen Fintech Inclusion in the economy

In line with its commitment to increase financial inclusion, over 35,000 First Bank agents has spread across, boosting business activities.

This was made known by the bank during the third edition of its Financial Technology Summit titled: ‘FinTech Summit 3.0,’ themed: “Integr8: Banking + Tech = Solving Real Problems” recently in Lagos, which was centric on the key roles technology plays towards enhancing the capacity and services financial institutions offers to the economy.

The financial institution demonstrated its commitment to solve the challenges facing the world with the use of financial inclusion and by employing technology in the provision of financial services

Commenting on the initiative, the Chief Executive Officer, First Bank of Nigeria, Dr. Adesola Adeduntan, mentioned in his opening remark that, the bank was committed to championing problem-solving innovations.

The CEO stated that, as part of efforts to enhance customer experience, the bank would continue to harness opportunities digital evolution present.

Adeduntan explained: “Innovation is always at the heart of what we do which is why we have insisted on leveraging on technology.

“For us, this is a platform that we treasure a lot as it is an opportunity to bring the stakeholders in this space together and begins to harness knowledge in a positive manner that would lead to positive impact on the economy.

“We decided to move out of the outreach of Nigeria and Africa is because for us everything is not about profitability but economic growth, ensuring the well-being of our country is also a key pillar that we have worked on over time.” Adeduntan added.

In his statement, Founder, Swifta Systems and Services, Victor Asemota, explained that the real task ahead of banks and financial technology service providers was for them to take an in-depth look at what consumers do as well as their needs and then provide unique solution to solve such problems.