Business

FCMB creates banking platform for youths

First City Monument Bank (FCMB) has opened a Flexx Hub at the University of Benin (UNIBEN) in Edo state. The Hub is a mini branch where basic banking transactions can be carried out, while also serving as an exclusive banking arena for FCMB’s customers who hold its youth account, known as Flexx.

This, according to a statement from the bank, is the third of such structure to be unveiled by the bank in Nigeria and would further solidify its existing relationship with the youth segment in a sustainable manner.

Furthermore, the bank described the Flexx Hub as one of the innovative strategies it had adopted to simplify banking services as it removes avoidable physical ‎banking transactions at branches, while providing holders of the Flexx account the privilege to enjoy extra benefits, such as wifi, charging ports etc.

“The Flexx proposition is also designed to meet the overall financial and other socio-economic needs of young people within the age range of 16 and 25 years. This is summarised in the description of Flexxas, “An app, a card, an account”, features which give account holders the freedom to bank on the go, using the Flexx Mobile App.

“The opening of the FCMB Flexx Hub at UNIBEN included series of exciting, empowering and rewarding activities for the students and other attendees. There were also activities such as appearances by popular celebrities, motivational speakers, music, game shows, dancing competitions and talent contests, during which participating students and other youths won various gifts which thrilled the audience,” it added.

Declaring the Flexx Hub open, the Regional Director, South-east/South-south of FCMB, Mr.Okey Ezeala, said the development would go a long way to promote financial inclusion in university campuses as well as surrounding communities.

According to him, “what the FCMB Flexx Hub brings to the table is a further simplification of banking services for our young customers, as it removes the rigours of banking, so that they are encouraged and happy to adopt mainstream financial services using the Flexx Hub whenever the need arises. “Ultimately, the goal is to demystify and remove the perceived rigours of banking thereby reinforcing our values as a simple, reliable and helpful financial institution anchored on the culture of excellence.”

Also speaking at the event, the Vice Chancellor of UNIBEN, Professor Osasere Orumwense, expressed gratitude to FCMB for bringing its excellent banking services to the school.

“We are delighted with the presence of FCMB at UNIBEN. This is a strong demonstration that the Bank is truly committed to support the development of students, education and Nigeria in general. I encourage students and staff of the school to make the best use of this opportunity. We look forward to more rewarding partnerships with the Bank,” he said.

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