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GOING CASHLESS THIS SUMMER WITH FIRSTBANK TRAVEL KITS

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Card Offering

 

Having worked round the clock since the beginning of the year, it is ideal to take out time to relax and rejuvenate. Well, you do not need to wait until the end of the year to unwind as summer is already beckoning on discerning holiday makers to seek refuge in top travel destinations across the world.

If you have not jetted out yet due to the stress of traveling, especially the trouble of settling your travel bills, tickets and sundries, you can now do so and seamlessly too with the FirstBank Visa Multicurrency card, which allows you to go full cashless this summer in anywhere in the world.

The Visa Multi Currency Card, introduced by First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, is an all-in one-card and first of its kind to be offered by any financial institution in the country. Most importantly, it can be linked to all of the four major currencies namely: NAIRA, USD, EURO and GBP accounts.

Beyond the international passport, the card is handy for the Nigerian business traveller and holiday makers, especially this summer period, which comes with lots of expenditures on airfares, hotel accommodations, tour bookings, shopping, theatre/concert tickets among others.

The card holders enjoy many benefits including; Point of Sale and online purchases, access to and use of ATMs worldwide, as well, there is no cash collateral requirement prior to its issuance. As expected, FirstBank is delighted in the innovative card, which offers seamless transactions to users, especially holiday makers frolicking in top destinations across the world this summer.

Chuma Ezirim, Group Executive, e-Business & Retail Product, First Bank, sees the card as a milestone in the bank’s innovation, saying that, “FirstBank takes pride in pioneering the Visa Multi Currency Card in the country, as we remain committed to providing products and services that are designed to ensure the banking convenience of our customers regardless of their location.” For Ezirim, the card is designed to make traveling fun for the Bank’s customers and to ensure they have a seamless transaction experience during their vacation, tourism and other business-related trips around the globe. Having tested the card himself, he enjoined the Bank’s customers traveling abroad for summer to walk into any FirstBank branch for their Visa Multi Currency Card.

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While abroad, the bank’s customers can enjoy improved daily withdrawal limits of $1,000 on ATM, $2,500 on POS and $6,250 on web-based transactions. At home, they can withdraw as much as N150 on ATM, N500,000 and N2, 500,000 (from savings and current accounts respectively) on POS – N500,000, and N1,000,000 on web transactions locally.

 

Also customers who use the Bank’s Naira Master Card (NMC) have no need for BTA/PTA and stand to enjoy seamless transactions this summer with $5000 monthly spending limit and $300 daily ATM cash withdrawal limit.

The seamless experience continues with the Visa Gold Card, which offer higher daily spending limit on ATM ($1,000), POS ($10,000) and WEB ($5,000) anywhere in the world.

To ensure seamless transaction while on holiday this summer, the Bank urged customers to change their PIN before travelling out of the country to avoid transaction failures/invalid card.

However, the Bank assures its customers of safety with additional protection for web based transactions with “Verified by Visa” (VbV) and Chip & PIN technology with a lifespan of 3 years. With safety, the Bank is consolidating on its huge strength, which it assures the customers should rely on to further do business with it, including transactions outside the country as it watches their back with card security features.

Presently, FirstBank is the first financial institution in Nigeria to issue a whopping 10 million cards to customers across the country, and now among two other African banks to achieve the milestone. The 10 million cards issuance follows other feats such as the first financial institution in the country to achieve sustained alternative channels transaction volumes of 100 million transactions in December 2015 and May 2016.

The most excited in all the achievements is Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited. For him, delivering the Visa Multi-Currency Card feat at this time is a testament to the bank’s drive in delivering to its brand promise of putting customers first and continuously improving its business to serve them better. “One of the ways by which we were able to sustain this winning edge is the use of our instant issuance/instant activation technology, which we pioneered about 10 years ago. We have also consistently maintained the highest active card ratio in the industry.

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“This feat also implies that our customers are becoming more technology savvy and we would continue to encourage this attitude with our commitment to world class service delivery. Therefore, we must work to ensure optimal performance and availability of all our channels such as ATM, FirstMobile among others to guard against customer dissatisfaction”, explained the FirstBank CEO.

However, the feats are being recognised from outside the bank and even by the industry regulators. FirstBank recently bagged a hattrick of awards at the Interswitch Connect Sales Dinner & Awards Night in Lagos recently. The awards are: Most improved Mobile Application, Highest Transacting Bank (across inter-switch’s solution) and Highest Number of Verve Transacting Cards (Unique Cards).

Speaking on the awards, Folasade Femi Lawal, the bank’s Head, Card Business, said the awards are indeed a reflection of the trust by Nigerians on the bank’s digital channels as it leaves no stone unturned at reinventing itself, products and services with a view to remain steadfast at being a frontrunner at promoting digitization of the industry.

With 125 years of experience in the banking industry, servicing over 15 million customer accounts, over 750 business locations and banking technologies that are well aligned to the fast paced technological advancement in modern day banking, FirstBank assures customers the best of service, security and experience even this summer.

 

Once again, the Bank urges customers traveling abroad for summer to walk into any FirstBank branch for their Visa Multi Currency Card for a seamless holiday experience anywhere in the world.

By Obinna Emelike (BusinessDay)

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Sterling Bank Contributes N250m To Private Sector Coalition Against COVID-19

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Sterling Bank

Sterling Bank Plc, has contributed N250 million as part of its commitment to the newly formed Nigerian Private Sector Coalition Against COVID-19 created to help channel resources to combat the coronavirus disease under the theme: “We need you.”

 

 

The bank, in an email to its customers, disclosed that it is working with the Bankers’ Committee to lead the effort to raise N120 billion required by the Federal Government to fight the coronavirus pandemic and help achieve the shared goal of eradicating the virus.

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Managing Director and Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman said, “While this will go a long way, more still needs to be done. We have come to acknowledge that this battle will require every one of us to play our part as corporate citizens and individuals.”

 

 

He enjoined other public spirited corporate organisations and individuals to join in the fight against COVID-19 by making a contribution to the Fight COVID-19 Fund (FCF) and help the coalition to defeat the pandemic for good. He said every Naira donated will go a long way in saving the country from the pandemic.

Also Read:  DIAMOND BANK LISTED IN TOP THREE MOST CUSTOMER FOCUSED BANKS IN NIGERIA

 

Suleiman said donations should be sent to:

 

Bank Name:                Sterling Bank

Account Name:           COVID Donations

Account Number:        0076813615

 

He urged Nigerians to show their strength by uniting against the virus, saying a Swahili proverb which translated into English means “Unity is strength; division is weakness,” is needed now more than ever.

 

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Union Bank Partners 54Gene To Raise $500,000 Towards Nigeria’s Fight Against COVID-19

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Union Bank

Union Bank, one of Nigeria’s foremost financial institutions has announced a US$130,000 (N50million) donation to tackle the spread of the Coronavirus pandemic in Nigeria.

The donation was made into a fund set up by 54gene, an African genomics research, services and development company working closely with the Nigeria Centre for Disease Control
(NCDC) to fight the COVID-19 pandemic.
The money will help increase COVID-19 testing capacity in the country by up to 1,000 additional tests a day, by buying testing instruments and critical biosafety materials such as biosafety cabinets and personal protective equipment urgently needed to keep frontline healthcare workers safe.

The procured equipment will be installed in general hospitals and laboratories across the country, and will remain in place even after the ongoing COVID-19
pandemic, to be used in the case of future outbreaks.

In addition, there will also be extensive training and support to medical practitioners and volunteers working across the country to curb the menace.

Announcing the donation, the Chief Executive Officer of Union Bank, Emeka Emuwa, said: “Community is one of our core values at Union Bank, and there’s no better time to live this value than now. A critical need for the country at this time is to scale up our testing capabilities and give us a better chance of slowing the spread of the virus. We are therefore pleased to be supporting 54gene who is directly collaborating with NCDC and World Health Organisation who are coordinating Nigeria’s Covid-19 response.
While commending Union Bank on its donation, the CEO of 54gene, Dr. Abasi Ene-Obong also said: “The rapid and assured response from some of Nigeria’s most reputable institutions, such as Union Bank, to join us in our fight against this deadly disease is highly
welcome, and we thank them for their unwavering support. They, like us, understand the need for a multi-stakeholder, co-ordinated plan, that can be implemented almost immediately, as we work together as a community, side-by-side, to fight COVID-19 and protect our nation.”

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Last week, Union Bank, which had already been proactive in rolling out stringent safety and  hygiene practices within its branches and service locations, took the lead in activating remote work for its employees, directing more than 70% of its employees in non-service functions to work from home starting Monday, 23rd of March.

Union Bank also announced the launch of a toll-free Customer Care number 0800 700 700 which customers can call free of charge at anytime of the day or night to get help with banking issues.

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These initiatives underscore Union Bank’s commitment to containing the spread of the virus while actively supporting the communities within which it operates.

About Union Bank Plc.

Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc. is a household name and one of Nigeria’s long-standing and most respected financial institutions.

The Bank is a trusted and recognizable brand, with an extensive network of over
300 branches across Nigeria.

In late 2012, a new Board of Directors and Executive Management team were appointed to Union Bank and in 2014 the Bank began executing a transformation programme to re￾establish it as a highly respected provider of quality financial services.

The Bank currently offers a variety of banking services to both individual and corporate clients including current, savings and deposit account services, funds transfer, foreign currency
domiciliation, loans, overdrafts, equipment leasing and trade finance. The Bank also offers its customers convenient electronic banking channels and products including Online Banking,
Mobile Banking, Debit Cards, ATMs and POS Systems.

More information can be found at: www.unionbankng.com. Media Enquiries: Email yowonubi@unionbankng.com

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FIDELITY BANK COVOID-19 UPDATE

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In line with the collective resolve to fight the COVID-19 pandemic, Fidelity Bank, as a responsible corporate citizen, wishes to join in sharing information with the public as follows;

·Fidelity Bank mandates staff or immediate family member(s) who travel out the country to self-isolate for 2 weeks and obtain medical clearance before returning to work as part of our COVID-19 Preventive and Precautionary Measures.

· This process was activated and strictly adhered to by one of our staff members who returned from holidays in the United Kingdom.

· He was in self-isolation and underwent testing in line with the bank’s policy. The test results returned positive at the weekend and we quickly arranged for him to be moved to the Nigeria Centre for Disease Control (NCDC), where he is currently being attended to by health officials.

·We are in constant touch with him and have been monitoring the situation closely. Our thoughts and prayers are with him.

·Though the staff has not been at the bank since returning from the UK, he however brought some consignments for two other staff which were delivered to them individually.

·We have self-isolated the 2 individuals and sent them for necessary testing. In addition the office where these 2 individuals work, has been temporarily shut and has been disinfected.   Due to the proactive measures taken by the bank, contact tracing within the bank was very swift and conclusive with no customers involved.

·We have also shut down our Federal Secretariat, Abuja Business Office and advised all staff/vendors to self-isolate and go for testing in line with our policy on COVID-19, on account of possible exposure of a vendor staff.

· Apart from the directive on isolation and testing for staff and family members who have had trips abroad within this period, the bank has in place, several other precautionary measures as advised by the World Health Organization (WHO) and other health institutions. They include;

· Body temperature screening of staff and visitors before being allowed access to all our premises

·Wearing of gloves and facemasks by all our frontline staff.

·Reduction in the number of staff expected to come to work. 60% of our staff now work remotely from home.

·Reduction of the number customers allowed at a time into our banking halls to a maximum of 5.

·Encouragement of good personal hygiene and deployment of hand sanitizers at all our office locations.

·Social distancing and abolition of physical meetings and large gatherings

·Deployment of video conferencing and other devices to allow for remote meetings.

Fidelity Bank places a high premium on health and safety. We shall continue to do everything within our means to ensure the health and safety of all, including customers, vendors, staff and indeed everyone who comes into our premises.

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Also Read:  Coronavirus: Access Bank Closes Branch As Customer Tests Positive***Read Official statement
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