Member News: Diamond Bank Partners with Women World Banking for Financial Inclusion
About 40 million people unbanked are in Nigeria, with 60 percent being women. As the most financially excluded, this partnership aims to bring more women into the financial system, especially how to make digital financial services work for low-income women.
SME Finance Forum member Diamond Bank Plc, in collaboration with mobile telecomm network MTN and three other financial services providers - JazzCash, Bima and Women World Banking (WWB) have converged to brainstorm on how to attract more women to digital finance banking in Nigeria and boost financial inclusion through products development.
The synergy would also help develop a global model for expanding women’s access and usage of digital financial services through simplified steps in account opening and banking transactions, using digital banking.