First Bank Restated Commitment to Enhancing Financial Inclusion

First Bank of Nigeria Limited has reiterated its commitment to
continue to drive financial inclusion in the country by deploying
technology in the provision of financial services.

The financial institution made this known yesterday, during the
third edition of its Financial Technology Summit titled: ‘FinTech
Summit 3.0,’ which addressed the key roles technology plays towards
enhancing the capacity and services financial institutions.

In his opening remark at the forum, the Chief Executive Officer,
First Bank of Nigeria, Dr. Adesola Adeduntan, said the bank was
committed to championing problem-solving innovations.

The First Bank boss said as part of efforts to enhance customer
experience, the bank would continue to harness opportunities
digital evolution present.

He disclosed that presently, there are over 35,000 First Bank
agents spread across, as part of efforts to enhance financial
inclusion whilst boosting business activities.

Adeduntan added: “Innovation is always at the heart of what we
do which is why we have insisted on leveraging on technology.

“For us, this is a platform that we treasure a lot as it is an
opportunity to bring the stakeholders in this space together and
begins to harness knowledge in a positive manner that would lead to
positive impact on the economy.

“We decided to move out of the outreach of Nigeria and Africa is
because for us everything is not about profitability but economic
growth, ensuring the well-being of our country is also a key pillar
that we have worked on over time.”

In his remarks, Founder, Swifta Systems and Services, Victor
Asemota, explained that the real task ahead of banks and financial
technology service providers was for them to take an in-depth look
at what consumers do as well as their needs and then provide unique
solution to solve such problems.

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