One of Nigeriaâ€™s most reliable financial institutions, Keystone Bank Limited has launchedÂ â€˜KeyServâ€™ (An Agency Banking Proposition)Â to serve customers outside its conventional brick & Mortar mode of banking.
The initiativeÂ in partnership with theÂ Nigerian Postal ServiceÂ (NIPOST) andÂ i-OneC(A FinTech Firm) is in line with the Central Bank of Nigeria (CBN) Financial System Strategy (FSS2020) goals to increase Financial Inclusion uptake in Nigeria.
According to the Group Managing Director/ Chief Executive Officer of Keystone Bank LimitedÂ Mr. Obeahon Ohiwerei: â€œEnabling 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 segmentsâ€.
â€œThe recent reports on adult Nigerians (according to EFInA) that are financially excluded is 40.1million (41.6% of 96.4million adults).â€
â€œTo this end, we are partnering with NIPOSTÂ and i-OneC to offer financial inclusion services to un(der)banked Nigerians especially in the rural and less urban areas.â€
â€œUnder this partnership, KeyServ (Keystone Agency Banking Services) offers services such as Account Opening, Bills Payment, Cash-In, Cash-Out, ATM Services, Fund Transfers, Balance Enquiries,Â ATM cash withdrawals, Mini Statements and a whole lot more.â€
â€œOne landmarkÂ feature ofÂ KeyServÂ (Keystone Agency Banking Services) is that it offers affordable access to financial services than the traditional banking methodsâ€ the MD/CEO also reiterated.
Also, speaking at the launch, theÂ ED Corporate Banking & South, Keystone Bank, Yemi Odusanya, added that â€œwith this scheme, customers, especially in the rural areas will enjoy unfettered access to banking services.
â€œAs at today, we have about 106 approved agents across the country and already, the services are available at Sabongida-Ora (Evbiobe)-Edo State,Â Sabon Gari (Kano), Mirinjibi (Kaduna), Barnawa (Kaduna), Yaba (Lagos) and Ikoyi (Lagos)â€.
â€œItâ€™s simply convenient, affordable and several NIPOST locations nationwide have been earmarked to feature actively in this initiative.â€
â€œNigerians now have the opportunity to take full advantage of this partnership to enjoy the bouquet of Financial Services across the country.â€ Odusanya concluded.