VFD Microfinance Bank on innovative banking in a COVID-19 world
Prior to the Covid-19 pandemic the Central Bank of Nigeria planned to achieve 80 per cent financial inclusion across its formal and informal sectors by 2020. Managing Director and CEO, VFD Microfinance Bank, Zuby Emodi, joins CNBC Africa to discuss innovative banking and how Nigeria can achieve its set financial inclusion goals.
Wed, 13 May 2020 13:27:04 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- VFD Microfinance Bank's commitment to expanding financial inclusion despite COVID-19 disruptions
- Utilization of digital technologies and customer-centric approaches to reach underserved communities
- Contributing towards Nigeria's goal of achieving 80 per cent financial inclusion in formal and informal sectors
VFD Microfinance Bank is at the forefront of innovative banking solutions in Nigeria, striving to achieve ambitious financial inclusion targets set by the Central Bank of Nigeria despite the challenges posed by the COVID-19 pandemic. Managing Director and CEO, Zuby Emodi, recently shared insights on the bank's efforts to expand access to financial services across formal and informal sectors in the country. Prior to the pandemic, the Central Bank of Nigeria aimed to achieve 80 per cent financial inclusion by 2020. However, with the disruption caused by the global health crisis, reaching this target has become even more challenging. VFD Microfinance Bank has embraced a range of innovative strategies to overcome these obstacles and continue working towards enhancing financial inclusion in Nigeria. One key emphasis has been on leveraging digital technologies and customer-centric approaches to provide convenient and accessible banking services to underserved communities. Through these efforts, VFD Microfinance Bank is playing a crucial role in driving financial inclusion in Nigeria's evolving banking landscape.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
