The Bank of the Year Awards is an annual awards event organised by The Banker to recognise the top financial institutions in the world. The Banker is a British English-language monthly international financial affairs publication owned by The Financial Times Limited.
Commenting on the award, Divisional Head, Retail and Consumer Banking,
He noted that The Banker Awards has validated
Atilola said the Sterling Agent Banking Edu-Finance Scheme was introduced to ease the burden of about 70 percent of Nigerians who receive wages weekly and are unable to make upfront payments of school fees on behalf of their children. The bank is able to assist this category of Nigerians by providing loans of between N25,000 and N100,000 per term to pay school fees.
'We were equally providing funding for the schools to run their businesses so that they could afford operating expenses such as payment staff salaries and have enough savings to venture into capital projects such as buildings and acquisition of equipment while also ensuring a child gets an education,' he said.
© Pakistan Press International, source