FSDA Backs Diamond Bank’s Financial Inclusion Project

• FSDA Backs Diamond Bank’s Financial Inclusion Project

The Financial Sector Development for Africa has reiterated its commitment to provide more support for Diamond Bank Plc on its financial inclusion drive.

The bank said in a statement that the Director, Financial Services, FSD Africa, Paul Musoke, described the partnership the bank had with the agency as the longest and the most successful, compared with other banks.

Musoke commended the bank for employing professionalism in all its dealings, and assured the management of the continued support of the agency for the projects of the bank.

The Chief Executive Officer, Diamond Bank, Uzoma Dozie, said the bank decided to partner the agency to highlight the factors behind its success.

He said, “When we decided to go beyond this journey of redefining how we wanted to engage the Nigerian market, I do not think we could have done it using the old ways of banking, which was doing everything by yourself. I think our successes achieved so far are as a result of partnership and collaboration with donor agencies such as EFInA, Women’s World Banking and FSDA.”

According to the bank’s Head of BETA propositions, Njideka Nwabueze, the bank aims to close financial inclusion gap by creating products that will provide customers with access to financial services.

She said the BETA proposition was launched in 2013 after an extensive research.

She stated that the BETA proposition was an account that enabled customers to save for the rainy day, targetted at market traders and small and medium-scale businesses.