Wema Bank Plc, one
of Nigeria’s foremost financial institutions and Etisalat Nigeria have
partnered to introduce WemaEasySavers, a Tier-1 savings account aimed to ensure
financial inclusion for more Nigerians especially the youth.
The
newly launched WemaEasySavers is an easy to open and use account designed to
enable under-banked and unbanked Nigerian youth achieve their financial goals
while operating a regular bank account through their mobile phones.
This
partnership will enable Wema Bank’s new drive to expand its presence in the
youth market and also forms a strong part of Etisalat’s commitment towards
driving the achievement of the Federal Government’s financial inclusion goal.
The
bank, which recently launched its USSD banking code *945#, is seeking to
leverage the market-wide acceptance of the product and Etisalat’s strong appeal
in the youth market to bring onboard new customers using a unique code
*945*10#.
Speaking
about the partnership, Director, Digital Business, Etisalat Nigeria, Adia Sowho
said the partnership is significant for the telco as a youth-friendly network.
“We
are delighted at this partnership with Wema Bank as it provides Etisalat
another platform to enable Mobile Financial Services that will empower the
youth segment. Etisalat is passionate about the development of Nigerian youth
and we continuously seek ways to add value to their lives, and Wema Bank also
shares this same vision”, she said.
Dotun
Ifebogun, head of Retail Group at Wema Bank, welcomes the partnership as a
significant milestone for the bank. “At Wema Bank, we have a renewed focus on
the youth market because we know how important the youth are to the growth and
expansion of the Wema brand. That is why we launched the WemaEasySavers account
in partnership with Etisalat”, he said.
He
added that any Etisalat subscriber can open the new WemaEasySavers account
anywhere, anytime and on any type of phone.
The
WemaEasySavers account is the easiest account to open and operate anywhere in
the country.
Wema
Bank prides itself as having a robust Information Technology infrastructure
while Etisalat Nigeria has been recognised as one of the best networks in the
country.
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