Wednesday, February 06, 2019 08.58AM /
Ottoabasi Abasiekong for Proshare WebTV
Guaranty Trust Bank has reaffirmed its commitment to building a “Single Trusted Integrated Plaform” in the financial services industry in Nigeria.
The CEO of the Bank Mr Segun Agbaje disclosed this at the 2019 edition of the Social Media Week.
Speaking at a well-attended presentation which focused on the theme, “Building the Bank of the Future”, Agbaje noted that digital technology through the fourth industrial revolution has disrupted different economic sectors ranging from retail trade to healthcare.
According to Agbaje, “People need Banking not banks and financial institutions that operate in the traditional mode. Current paradigms will not last for too long”.
This was why GTBank evolved a leading innovation and disruption platform in the financial services market space, through products like the USSD (737), Quick Credit for customers, GTWorld, GTMobile and a few others.
On the recent decision of the Central Bank of Nigeria to create “Payment Service Banks” GT Bank’s chief executive called for a level playing field for different operators from the Telcos to FMCGs.
He tasked Telcos to take the bold step of disruption in the financial service industry by bringing down the cost of data.
Agbaje also used the event to explain the recently launched “Habari App” which is provides unique services to customers, from their play experience, to messaging, e-commerce and payments.
For entrepreneurs Agbaje said the “Habari App” provides a platform and infrastructure for them to reach out to multiple customers at the same time.
Responding to a question of scaling up financial inclusion, GT Bank’s CEO reaffirmed the commitment of the bank to increasing coverage of communities while servicing 15 million existing customers.