Access Bank Plc announced that it has provided 18 million loans totaling N740 billion over the past seven years since launching its first digital loan in 2017.
The bank reiterated its dedication to supporting its retail customers by enhancing its digital loan platform, ‘Quickbucks,’ to facilitate increased lending.
At the media unveiling of the revamped platform in Lagos, Njideka Esomeju, Group Head of Consumer Banking, highlighted the bank’s mission to help every Nigerian achieve financial independence through this digital lending initiative.
She stated, “Many Nigerians are facing challenges due to the economic situation in the country. At Access Bank, our goal is to enable every Nigerian to achieve financial freedom, which is why we introduced the digital lending solution in 2017.
“Since 2017, when we issued our first digital PayDay loan, we have granted 18 million digital loans worth over N740 billion, allowing customers to access up to N10 million instantly.”
“Nigerians need the financial support that our digital loans offer more than ever. Whether it’s a market woman needing to replenish her inventory or a young couple needing extra funds for their children’s education, everyone can benefit from some assistance.”
