TheCable

Ecobank Nigeria has unveiled Ecobank Xpress Account, a flagship digital mobile based account.

According to the bank, the account is simple and does not require any form of documentation for opening, therefore making it easy and convenient for all, while affording the customers the same services available to regular account holders.

The Ecobank Xpress Account can be opened on the Ecobank mobile app by smartphone users and or via USSD for feature phone users.

At the unveiling ceremony in Lagos, Charles Kie, managing director, Ecobank Nigeria, said the development is part of Ecobank’s “Roadmap to Leadership Initiative”.

Kie said the bank is focused on becoming a force in the banking industry by leveraging its robust digital channels to drive financial inclusion for the un-banked in the urban, semi-urban and rural areas of Nigeria.

He also said the new product would also enable the bank to meet its group target of 100 million customers by 2020, of which he said 40 million will come from Nigeria.

Also speaking at the launch Carol Oyedeji, executive director, consumer banking of Ecobank Nigeria, said the new account type enables Ecobank customers withdraw cash from any of the over 1000 Ecobank ATMs without a card.