Advans La Fayette Microfinance Bank has firmly established itself as a leading force in Nigeria’s microfinance industry, now proudly serving over one million customers.
This achievement highlights the bank’s expanding role in empowering micro, small, and medium-sized enterprises (MSMEs) while promoting greater financial inclusion among underserved populations.
By broadening its digital services and diversifying its product portfolio, Advans La Fayette is transforming how Nigerians access financial resources, setting new standards in the sector.
Such impactful progress earned the bank the prestigious title of “Microfinance Bank of the Decade” at the recent Edge Awards ceremony in Lagos.
Elvis Kwabena Oheneba, the acting managing director and CEO of Advans La Fayette Microfinance Bank, expressed pride in the accolade, stating, “This award is a testament to our relentless dedication to innovating financial solutions and prioritizing our customers’ needs above all else.”
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He further dedicated the honor to the bank’s loyal clientele and hardworking team members who have been instrumental in its success.
Supporting this view, Kayode Abraham, head of Marketing and Communications, remarked, “Being named ‘Microfinance Bank of the Decade’ reflects our commitment to harnessing cutting-edge technology and progressive strategies to serve the dynamic requirements of our diverse clientele. This recognition reinforces our mission to deliver outstanding customer service while expanding financial access in marginalized communities.”
Advans Nigeria offers an extensive array of financial products, including savings, current and fixed deposit accounts, loans, insurance, mobile and agency banking, USSD services, and debit cards. Through continuous digital innovation and strategic collaborations, the bank enhances its service quality and empowers individuals and MSMEs nationwide.
As a member of the Advans Group, which operates across six African nations, Advans Nigeria plays a vital role in supporting over one million clients with the backing of more than 7,000 employees worldwide. The group’s overarching goal is to increase access to formal financial services for underserved and unbanked populations, thereby driving inclusive economic development.