Tuesday, Dec 11th 2018 12:16 AM
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Market Digest Nigeria

Business

Access Bank, Remita introduce salary advance scheme

Customers and non customers of Access Bank Plc have been offered a unique platform that gives them access to loans against their next salary payment.

In a statement on Tuesday, the lender said, “The Payday Advance from Access Bank, in collaboration with Remita does not require any collateral or guarantor, and enables customers to obtain a loan instantly without going to the bank. In this regard, they are able to meet their urgent financial needs before payday.”

Commenting on the initiative, the Executive Director, Personal Banking, Access Bank, Victor Etuokwu, was quoted as saying, “This offering is unique given that the beneficiaries do not have to be existing customers of Access Bank but hardworking salary earners who will now be able to obtain instant loans without a guarantor or stress.”

He added, “Access Bank is known for offering lifestyle products and services that enable its customers meet their financial obligations especially in difficult times.”

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