FirstBank gives N100bn loan to Firstmonie agents | Dailytrust

FirstBank gives N100bn loan to Firstmonie agents

First Bank of Nigeria
First Bank of Nigeria

First Bank said it has given N100 billion loan to over 114,000 Firstmonie agents nationwide.

In a statement, the bank said its Agent Credit scheme was launched last year to empower its agents to grow their businesses.

Barely a year after the launch, it said it has economically empowered its Firstmonie agents with the N100bn across 772 Local Government Areas.

The Bank said its financial inclusion activities are in line with the mandate of the Central Bank of Nigeria (CBN) to ensure the availability of affordable financial products and services to all individuals and groups of people in the country, irrespective of location, literacy levels, familiarity with technology and accessibility to modern infrastructural facilities.

Commenting, Group Executive, e-Business & Retail Products, Chuma Ezirim, said “We are truly excited about the tremendous impact of the Agent Credit on the performance of our Firstmonie agents nationwide. Since the introduction of the Agent Credit to support our ‘Human ATMs’ as we fondly call our Firstmonie agents, they have recorded immense growth in their businesses, at levels they never envisaged in such a short period.”

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410