The Guardian (Nigeria)

TAJBANK, NIPOST collaborat­e on financial inclusion

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TAJBANK Limited and Nigerian Postal Service ( NIPOST) have formalised a new public- private partnershi­p ( PPP) initiative to work together for mutual and the nation’s socioecono­mic benefits.

The partnershi­p between the non- interest lender and the postal services agency was formalised at the NIPOST Head Office in Abuja, where both parties met for collaborat­ive discussion­s on how they can push further on initiative­s targeted at public- private endeavours, to add value to the financial inclusion drive and enhancemen­t of postal services in the country.

Speaking at the event, Tajbank’s Managing Director, Hamid Joda, thanked the Postmaster General/ CEO of NIPOST, Tola Odeyemi, for the opportunit­y given to the bank to partner the Service in the management’s efforts to work hand in hand with the firm, riding primarily on branch expansion with NIPOST offices thus expanding the innovative products and services of the non- interest lender.

The world- class banker told reporters that the collaborat­ion with NIPOST hinges on 3Rs – rent, refurbish and rebrand, while also commenting on the latest network expansion of Tajbank’s services into the Lagos axis that it was “another step taken by the board and management of the bank to add value to individual­s and business owners’ efforts in terms of cost- free, real- time services and make accessible to them innovative user experience with a vast bouquet of functional­ities. “Indeed, the point here is that at TAJBANK, we are about a strateg y of cost- saving, in addition to leveraging our services on world- class ICT infrastruc­ture and solutions nationwide, determined to promote inclusion at the grassroots not through POS or other channels alone but through human interface with prospectiv­e customers”, Joda assured.

Odeyemi, commended the noninteres­t lender’s collaborat­ion strategy and expressed optimism that working together would be mutually beneficial to NIPOST and TAJBANK.

Odeyemi enthused: ‘ T Ajbank needs no introducti­on and as soon as I had the opportunit­y to be a part of this initiative, it was a resounding yes. The brand speaks for itself.’’

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