ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Sunday, February 28, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Bank atm-001

Bank atm

GTBank unveils new service, to partner with supermarkets, schools, others

byPremium Times
July 29, 2014
2 min read
ADVERTISEMENT

Guaranty Trust Bank, GTBank, has unfolded a new agent banking service, GTExpress, as part of effort to take banking services closer to existing and potential customers.

GTExpress is a new service platform by the bank through agent locations such as supermarkets, schools, cinemas, markets, restaurants and petroleum products marketing outlets.

The bank said it was partnering with Forte Oil Plc, an independent petroleum marketing company, in an effort to reach out to its customers that are among the underserved and unbanked segments of the population.

Forte Oil PLC, a public liability company listed on the Nigerian Stock Exchange, has over 500 retail outlets across the nation and Ghana.

The new platform would provide services for account opening, cash deposit and withdrawal through Automated Teller Machines, ATMs, customer enquiries, bills payment and funds transfer in a cost efficient manner through the use of non-banking retail outlets.

The bank said on Tuesday that the partnership would leverage GTBank capacity to bring banking services further to the masses using Fort Oil’s products through more than 500 marketing outlets across the country.

Managing Director of GTBank, Segun Agbaje, who said that the unbanked sector of the economy presented a significant growth area for banks in emerging markets, revealed that new banking services had already been inaugurated at 14 Forte Oil locations in Lagos.

GTBank had launched the service in Lagos since November 2013, on an experimental basis.

“Our objective is to offer banking products and services to this segment via non-banking outlets, thus, breaking down barriers to financial inclusion such as accessibility and cost,” Mr. Agbaje said. “This is a great step in achieving a more inclusive financial services industry.”

RelatedNews

GTBank shut in Akwa Ibom over unpaid taxes

#EndSARS: Nigerians call for boycott of bank accused of freezing protesters’ accounts

#EndSARS: Senate, AGF decline comment on legality of freezing protesters’ accounts

#EndSARS: 22-year-old protester whose account was frozen by Buhari’s govt speaks

Group Chief Executive Officer, Forte Oil Plc, Akin Akinfemiwa, said the company see the partnership with GTBank as a reinforcement of its management’s vision of being a one stop shop for its products, whilst affirming the wide reach of its retail network.

“With this alliance our customers who patronise GTBank Plc will be able to reduce the commuting time and cost in attending to their various needs,” Mr. Akinfemiwa said.

He said the GTBank had consistently pushed the innovative boundaries to make banking a convenient experience for its customers. (NAN)

Dangote adbanner 728x90_2 (1)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

New ECOWAS brown card to be operational January 2015

Next Post

How President Jonathan Is Violating Nigeria’s Electoral Law

Premium Times

Premium Times

More News

Members of the board of NASCON.

Salt maker NASCON posts biggest profit jump in three years as cost falls

February 27, 2021
Orosanye Report: Nigeria scraps NAPEP, FRC, merges aviation agencies

Nigerian stocks shed N1.36trn in February on worsening investor sentiment

February 27, 2021
Floor of Stock Exchange

NSE: Heavy sell-offs in Wema, Zenith, MTNN shares spur N155bn loss

February 27, 2021
Naira notes used to illustrate market trading

Naira crosses three-month mark in parallel market fall

February 26, 2021
Vice President Yemi Osinbajo speaking at the ministerial retreat[PHOTO CREDIT: @ProfOsinbajo]

Osinbajo opposes cryptocurrency ban

February 26, 2021
Central Bank of Nigeria (CBN)

FG seeks asset manager for N1 trn infrastructure company

February 26, 2021
Next Post
How President Jonathan Is Violating Nigeria’s Electoral Law

How President Jonathan Is Violating Nigeria’s Electoral Law

Cholera patients in hospital ward

Cholera kills 200 in Cameroon

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,626,465 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.