The First City Monument Bank (FCMB)has disbursed N59 billion loans through its instant loan solution, FastCash.
It has attained a two-millionth loan disbursement that has helped customers to meet their urgent financial needs and achieve their short-term objectives,the bank said in a statement.
FastCash,it said,closes access to the finance gap in Nigeria and ensures the well-being of a Nigerian household.
Its Divisional Head, Personal Banking of FCMB, Mr Shamsideen Fashola said: “The amount of trust placed in FastCash by our customers is humbling. We will continue improving on this product to deliver an exceptional customer experience.”
FCMB said it also offers a Salary Plus Loan where its customers have access to short or medium-term funding before salaries to meet urgent needs.
“In vast numbers, Nigerians have adopted FastCash and SalaryPlus. Both products have proven to be excellent solutions for those in need of sudden cash during these challenging times, affirming FCMB’s commitment to products and services that close the access to credit gap for all strata of Nigerian society”