Daily Trust Saturday

GTBank launches new product

- Chris Agabi, Lagos

GUARANTY Trust Bank Plc has launched a product it christened GTExpress Service.

“The GTExpress Service is banking via agent locations such as supermarke­ts, schools, cinemas, markets and restaurant­s. It is an initiative to reach out to the underserve­d and unbanked segments of the population through the use of non- banking retail outlets,” the bank said in a statement.

It said these non- banking outlets ( agent locations) will provide banking services such as Account Opening ( Instant Accounts), Cash deposit and Withdrawal via ATMs, Customer Enquiries, Bills payment, Funds transfer services ( local money value transfer) and other activities as the Central Bank of Nigeria may prescribe from time to time.

According to the MD of GTBank; Segun Agbaje, “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.”

Sina Ayegbusi, Head of the banks’ Technology Division said the bank’s commitment to superior customer service experience drives it to ensure that it utilizes revolution­ary technology to simplify and secure the online banking transactio­n and experience of its customers.

“The upgrade to our Internet Banking platform gives our diverse costumers various on- the- go banking options due to its responsive design that makes it convenient for use on computer and mobile devices”, he said.

Newspapers in English

Newspapers from Nigeria