Yemi Akinsuyi/
In a bid to improve banking services for police personnel, the Inspector-General of Police (IGP), Mohammed Adamu, today launched the Nigeria Police Force Microfinance Bank Plc mobile banking application created by the financial institution to provide services for serving and retired officers as well as the general banking public.
According to Adamu, the NPF microfinance Bank Plc was set up to provide financial services such as retail banking, loans, advances and financial advisory and other allied services to the men and officers of the Force and the general banking public.
He said that the bank commenced operation on May 19, 1993, from a single branch but due to its management’s resilience, it had expanded its network of branches to a total of 35 across Nigeria.
While presenting the App at the Force Headquarters, Louis Edet House, Abuja, the Police boss also noted in his remark that banking is rapidly evolving technologically and in the vision for the establishment of the microfinance bank there is also need for a mobile banking application to meet customers’ needs.
He said: “The main goal of this mobile banking application is to reduce delay in transactions and improve operational efficiencies. A mobile banking application will no doubt improve interactions with customers, deliver their needs speedily and also provide ways for making internal functions more efficient.”
Adamu thanked the Chairman and members of the Board of Directors of the NPFMFB “and all others whose teamwork and dedication informed the success of the modern banking tool launch witnessed by Police personnel and the public”.
The IG also encouraged the officers and men of the Nigeria Police Force both serving and retired and the general banking public to take advantage of the technological innovation by the bank, adding that there is a limitless possibilities on the mobile banking tool.
Also in his remarks, the Chairman of the Board of Directors of the NPFMFB Mr Azubuko Udah, a retired Deputy Inspector-General of Police said that the board was committed to continuously positioning the bank for sustainable competitive advantage.
He added that innovation in technology had overtime revolutionalised the banking sector of the nation’s economy and that the deployment of a mobile banking application was a key aspect of the bank’s digital strategy.
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