According to a statement, the bank's Head of Commercial Banking and Regional Executive,
He stated that the partnership would be about growth for the affiliates, for Wakanow as well as for the bank.
The partnership was structured to provide funding to qualified agents and affiliates of Wakanowto improve business turnover and grow their margins. In addition, making funding more accessible to this market segment will lead to expansion of the travel industry as a whole.
To qualify for the scheme, the existing Wakanow sub-agents and affiliates must be registered Nigerian company in existence for a minimum of two years with a monthly sales figure of N2 million and a clean credit bureau record.
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