Bank renews commitment to grow financial inclusion
Moneytronics Microfinance Bank Limited has expressed commitment to support government initiatives to drive financial inclusion and contribute to economic growth.
The bank expressed the assurance in an event to mark 30 years of supporting businesses and economic activities in Nigeria with loan facilities.
Speaking at the event, the Managing Director of Moneytronics, Ndubuisi Okoli, said the bank was committed to supporting all government initiatives on financial inclusion and also driving the economic development of the country.
“The wider spread of clientele and areas of operation has been achieved through the deployment and extensive use of technology,” he said.
The banks transformed into Ipodo-Ikeja Microfinance Bank Limited in 2007 after meeting the Central Bank of Nigeria’s new capital requirement, and again in 2020 digitalised operations to become Moneytronics Microfinance Bank Limited.
Through these changes, he said, it had grown in customers and scope of operations, cutting across the length and breadth of Lagos State and Nigeria in general.
According to him, “The 30th anniversary gives us a solemn opportunity to praise God, look back at the journey so far, viz-a-viz present situation.”