Keystone Bank Plc has launched ‘KeyServ’, an Agency Banking Proposition, to serve customers outside its conventional brick & Mortar mode of banking.
The initiative which is in partnership with the Nigerian Postal Service (NIPOST) and i-OneC, a Financial Tech Firm is in line with the Central Bank of Nigeria(CBN) Financial System Strategy goals to increase Financial Inclusion in Nigeria.
According to the Group Managing Director/ Chief Executive Officer of Keystone Bank Limited Mr. Obeahon Ohiwerei: “Enabling Financial Inclusion is our core area of focus and we have partnered with other industry players to deploy Digital Financial Solutions/ Platforms for improved access to finance; leveraging data to improve the product offerings, personalised& predictive customer service, and uncovering new customer segments”.
He said further that recent reports have indicated that over 40 million adult Nigerians are currently financially excluded. “To this end, we are partnering with NIPOST and i-OneC to offer financial inclusion services to un(der)banked Nigerians especially in the rural and less urban areas.”
“Under this partnership, KeyServ offers services such as Account Opening, Bills Payment, Cash-In, Cash-Out, ATM Services, Fund Transfers, Balance Enquiries, ATM cash withdrawals, Mini Statements and a whole lot more.”
“One landmark feature of KeyServ is that it offers affordable access to financial services than the traditional banking methods” the MD/CEO reiterated.
Also, speaking at the launch, the ED Corporate Banking & South, Keystone Bank, YemiOdusanya, added that “with this scheme, customers, especially in the rural areas will enjoy unfettered access to banking services.
“As at today, we have about 106 approved agents across the country and already, the services are available at Sabongida-Ora (Evbiobe)-Edo State; SabonGari, Kano; Mirinjibi, Kaduna; Barnawa, Kaduna; Yaba, Lagos and Ikoyi, Lagos”.
“It’s simply convenient, affordable and several NIPOST locations nationwide have been earmarked to feature actively in this initiative.”
“Nigerians now have the opportunity to take full advantage of this partnership to enjoy the bouquet of financial services across the country,” Odusanya concluded.