Nigeria’s financial institution, Access Bank, has disbursed N740 billion to 18 million digital loan borrowers since the launch of its digital lending services in 2017.
Daily Trust reported that during the relaunch of QuickBucks Loan, the bank’s digital lending service, Njideka Esomeju, Group Head of Consumer Banking, revealed that the program’s goal was to offer financial support to both individuals and company owners.
She said,
The digital lending services offered new features, such as extending the payback period from 30 days to 12 months and offering interest rates ranging from 5 to 14 percent, according to Efe Obaigbena, the bank’s Team Lead for Digital Banking Business Development.
She emphasized that the loan application was created using a lending algorithm that shielded the bank from risk by supplying a behavioral spending pattern of the lenders.
She further said,
TimesNow.com.ng reported that Access Bank has announced it is accepting applications from Nigerian graduates for its entry-level trainee program.
The programme offers graduates a pathway into the organisation and banking career.
The bank announced the new vacancy in a statement published on its website and obtained by TimesNow.com.ng on Tuesday, May 14, 2024.
Source: TimesNow.com.ng
