Ghana’s Fidelity Bank inaugurates agency banking

Wednesday, March 26, 2014

Fidelity Bank has inaugurated its new banking model, known as Fidelity Agency banking, which allows the bank to use shops and supermarkets as bank agents, called as Fidelity Smart Agents.

The Deputy Managing Director of the bank, Mr Jim Baiden, said at the launch in Accra that the revolutionary concept was part of Fidelity Bank’s financial inclusion strategy to provide Banking services to all, leaving no one behind.

“The vision of Fidelity Bank in this innovative strategy is to promote financial inclusion by ensuring that anyone who is bankable can receive a full bank account, in spite of any limitations they may have that previously excluded them from accessing banking services,” he said.

Source: Ghana Web (link opens in a new window)

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banking, branchless banking, financial inclusion