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Access Bank strengthens digital lending platform

It noted that with the revamp of the platform, customers could access loans for businesses, vehicle financing, and school fee payments, among others.

Speaking at the relaunch event, the Group Head of Consumer Banking, Access Bank, Njideka Esomeju, said, “Many Nigerians are facing financial challenges due to the economic situation in the country. At Access Bank, our goal is to enable every Nigerian to achieve financial freedom, which is why we introduced digital lending solutions.

“Initially, our digital loans were limited to salary earners with a 30-day repayment term. Now, QuickBucks Loans offer up to 12 months of repayment time for customers with salary accounts, self-employed individuals, active account holders, as well as business and trader account holders.”

According to Esomeju, the bank’s interest rates are among the lowest in the industry, ranging from about 5 per cent to a maximum of 15 per cent, depending on the type of loan.

She added that QuickBucks Loans are designed for ease of access, noting, “

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