Advans La Fayette Microfinance Bank, a leading international microfinance institution with a national CBN license has expanded its Nigeria market with the unveiling of a new Lagos office located at Ikorodu.
Speaking on the bank’s expansion drive at the event in Lagos, Gaetan Debuchy, Managing Director/CEO, Advans stated that the expansion aims to increase client’s access to the bank’s various quality and reliable financial products for MSMEs and individuals in the country.
“The Ikorodu branch is our 16th branch in Nigeria and the 4th in Lagos. As we continue our network expansion in 2021, we plan to open 9 new branches! Our objectives are to be closer to businesses, serve more clients effectively, and have a more positive impact on Nigerian businesses,” he said.
Debuchy added that customers are at the core of all their innovative solutions, which includes affordable individual and group loans for up to N75m with flexible collateral requirements, savings and term deposits with very high-interest rates, secure debit cards, a reliable mobile app, insurance, mobile tellers, cheques, and Agency banking services (in collaboration with over 200,000 Opay/PAGA partner-agents across Nigeria).
Jean-Luc Nzoubou, Deputy CEO, Advans MFB revealed the company’s ongoing savings promo which is the Yakataa savings people that opens a regular account from now till March 31st 2021 will earn a double interest of up to 12 percent.
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“There is also a VIP specialized service for High Net worth Individuals across our major branches in Lagos, Kwara, Oyo and Ogun states. We also offer moratorium & flexible repayment plans, full insurance cover on all loans and all loans come with no prior savings requirements, flexible collateral, affordable interest rates charged on a declining balance,” He said.
Nzubou also mentioned that the bank has dedicated client officers to provide relevant financial advisory services to help in client’s business development plans, adding that the bank’s branches and call centres operate every week from Monday to Saturdays.
