Nigeria’s first financial technology bank unveiled

Banking operations while at home is now possible in Nigeria thanks to SunTrust Bank. Banking is gradually moving from physical branches to a technology-driven sector. SunTrust Bank provides services entirely based on electronic channels, telephone, mobile and internet. It is therefore the first commercial bank that runs minimal branches. One of the bank’s targets is to bring financial services to 40 million unbanked Nigerians since over 90 per cent of financial services are being executed electronically. As the first digital...
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