GTBank MD
Nigeria, Segun Agbaje
Guaranty Trust Bank (GTBank) Plc
says it is partnering with Forte Oil Plc, to further the cause of its recently
launched “GTExpress”.
GTExpress is a comprehensive Agent
Banking Service as part of its effort to bring banking services closer to
existing and potential customers.
NAN reports that the new GTBank
agent banking services is in partnership with Forte Oil Plc, a petroleum
marketing company.
The bank said in statement on
Tuesday in Lagos that the partnership would leverage GTBank capacity to bring
banking services further to the masses using Fort Oil’s more than 500 marketing
outlets.
It said that the platform would
provide such services as account opening, cash deposit and withdrawal through
Automated Teller Machines (ATMs), customer enquiries, bills payment and funds
transfer.
The statement also said that the
agent banking services had already been inaugurated at 14 Forte Oil locations
in Lagos.
The statement quoted the bank’s
Managing Director, Segun Agbaje as saying that “the unbanked sector of the
economy presents a significant growth area for banks in emerging markets.
“Our objective is to offer banking
products and services to this segment via non-banking outlets, thus, breaking
down barriers to financial inclusion such as accessibility and cost.
“This is a great step in achieving
a more inclusive financial services industry”.
It also said that Akin Akinfemiwa,
Group Chief Executive Officer, Forte Oil Plc noted that “we are pleased with
the GTBank partnership as it reinforces our vision of being a one stop shop
whilst affirming the wide reach of our retail network.
“With this alliance our customers
who patronise GTBank Plc will be able to reduce the commuting time and cost in
attending to their various needs”.
It added that GTBank had
consistently pushed the innovative boundaries to make banking a convenient
experience for its customers.
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