TAJBank, NIPOST collaborate on financial inclusion

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 strategy 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 non-interest lender’s collaboration strategy and expressed optimism that working together would be mutually beneficial to NIPOST and TAJBank.

Odeyemi enthused: ‘TAJBank 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.’’ and is here to provide cost-efficient and interest-free banking services to everyone.”

During a brief chat with journalists at the sidelines of the event, the bank’s Executive Director, Sherif Idi, maintained: “What we are doing here today is to demonstrate to Nigerians and indeed the global community that TAJBank is fully determined to show how we intend to redefine non-interest banking services as a customer-focused lender and a collaboration with NIPOST which is a very Nigerian parastatal with history aligns with this strategy – that is ready to give all that it takes to surpass customer expectations wherever we are located.”