Owerri, Nigeria, May 17, 2016: – FINCA Microfinance Bank Ltd Nigeria officially launched its agency banking in Owerri after over a year of operations in the country following approval from the Central Bank of Nigeria. Agency banking is the provision of financial services to customers by a third party (agent) on behalf of a licensed deposit taking financial institution-Bank.

FINCA’s agency banking is known as FINCA eXpress. Within the FINCA network, FINCA eXpress was first introduced in FINCA’s subsidiary in Democratic Republic of Congo in 2011, Zambia and Tanzania followed suit in 2015 in the two subsidiaries, since then FINCA has over 600 agents across Africa.

In Nigeria, it