LAPO Microfinance Bank has reiterated its commitment to advancing financial inclusion for underserved communities across Nigeria. In a statement released on Sunday, the bank emphasized its role in addressing the gap in access to formal financial services, particularly for women, small businesses, and low-income groups.
While Nigeria has made significant strides in expanding financial services, millions still lack access to banking. LAPO is bridging this gap by offering tailored financial products such as SME loans, Xpress Savings, Fixed Deposits, and debit cards integrated with mobile banking solutions. These services enable individuals and businesses to access essential banking tools, helping them secure financial stability and growth.
This effort aligns with Nigeria’s national financial inclusion agenda, spearheaded by the Central Bank of Nigeria, and contributes to the country’s progress toward its financial inclusion goals.
Oluremi Akande, Director of Marketing and Corporate Communications at LAPO Microfinance Bank, highlighted the bank’s active participation in the International Financial Inclusion Conference as a key moment to reinforce its mission. “Financial inclusion is not just about access to services, but also about empowering people economically,” Akande said. “By providing tailored financial solutions and promoting financial literacy, we aim to foster an inclusive society where individuals and businesses can thrive.”
The conference provided LAPO with a platform to share its vision and collaborate with stakeholders, contributing to the creation of sustainable financial inclusion strategies.