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IGP Launches NPF Microfinance Bank, E-Banking Technology, Mobile App

by AnaedoOnline
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The Inspector-General of Police, IGP Muhammed Adamu, today 10th March, 2021 in line with his commitment to improve the welfare of Police personnel, especially in the area of providing financial services such as retail banking, soft loans and advances, financial advisory etc, launched the Nigeria Police Microfinance Bank (NPF-MFB) e-Banking Technology including the Mobile Banking App and the *5757# USSD code.

The Inspector-General of Police, IGP Muhammed Adamu

The Inspector-General of Police, IGP Muhammed Adamu

The IGP, during the unveiling of the new banking technology and digital innovation at the Force Headquarters, Abuja, according to a statement by the Force spokesperson CP Frank Mba noted that the initiative will help improve banking experience, customer interaction and operational efficiencies for both serving and retired Police Officers and the general public that own accounts and does other financial transactions with the NPF-Micro Finance Bank.

The IGP in the statement further noted that the NPF-MFB, established on 19th May, 1993, is fast growing as one of the leading Microfinance Bank in Nigeria. This, he stated is evident in its expansion from a single branch at creation to thirty-five (35) branches presently across Nigeria.

Read Also: CBN Withdraws Licence From 42 Microfinance Banks (See List)

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The new e-Banking Technology Mobile Banking App and the *5757# USSD code, the statement said is part of the determination of the Force to evolve technologically and improve the services rendered by the Bank to Police officers across the country.

Read Also: CBN Reveals Number Of Microfinance Banks Operating With Licences

Meanwhile, the IGP has reaffirmed the commitment of the Nigeria Police Force to the welfare of its personnel, noting that financial stress-free life is key to personnel performance.

Read Also: North Financially Marginalised – ACF Tells CBN

He encouraged police personnel, retired police officers and the general public to maximize the enormous services and benefits the new technological innovation that the Nigeria Police Microfinance Bank provide.

 

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