Leading financial institution, Ecobank Nigeria has launched a new product offering, Xpress Save and Xpress Loan, which enables customers to conveniently and speedily open digital savings accounts and also obtain short-term micro-credit loans using their mobile phones through a USSD platform, *326#.

Ecobank Xpress Save and Xpress Loan, the first of its kind in the Nigerian market, is an online real-time, self-service solution that is suitable for all micro-entrepreneurs, artisans, traders, low-income earners and the entire unbanked and underbanked mass market population.

The Xpress Save and Xpress Loan product is simple to access digitally through the mobile phone and it is available 24 hours every day of the week.

Unveiling the product in Lagos, the Managing Director, Ecobank Nigeria, Patrick Akinwuntan said;

“This innovative product is part of the bank’s overall strategy to drive financial inclusion and make full banking truly accessible to all in Nigeria.”

“Xpress Save and Xpress Loan is a digital product designed to stimulate micro-savings in the economy and at the same time expand access for eligible customers to obtain short term micro-credit loans to bridge cashflow gaps thus contributing to the national efforts to deepen financial inclusion.”