VFD Microfinance Bank on innovative banking in a COVID-19 world

VFD Microfinance Bank is at the forefront of innovative banking solutions in Nigeria, striving to achieve ambitious financial inclusion targets set by the Central Bank of Nigeria despite the challenges posed by the COVID-19 pandemic. Managing Director and CEO, Zuby Emodi, recently shared insights on the bank's efforts to expand access to financial services across formal and informal sectors in the country. Prior to the pandemic, the Central Bank of Nigeria aimed to achieve 80 per cent financial inclusion by 2020. However, with the disruption caused by the global health crisis, reaching this target has become even more challenging. VFD Microfinance Bank has embraced a range of innovative strategies to overcome these obstacles and continue working towards enhancing financial inclusion in Nigeria. One key emphasis has been on leveraging digital technologies and customer-centric approaches to provide convenient and accessible banking services to underserved communities. Through these efforts, VFD Microfinance Bank is playing a crucial role in driving financial inclusion in Nigeria's evolving banking landscape.