The presence of banks in a nation cannot be overemphasized as it has periodically replaced the archaic system of saving money which was originally done underground. With a country’s population like Nigeria that is worth 55 million and with a vast presence of natural resources ranging from mineral resources to Agricultural products that serve as a source of livelihood for many citizens thereby generating money in the form of income for many citizens and capital for others that plan on having a business startup. Whichever way, the banks take a crucial part in the economy of any nation giving financial assistance to many who want to save or borrow money for an urgent need. She also plays an excellent part in helping businesses get established and expanded.
An overview of Providus bank
Providus bank is a modernised yet resourceful bank that proffers solutions to businesses and triggers one to do better. Their financial assistance varies from the business advisory, managing client’s portfolios, managing individual relationships and lots more. Their competitive advantage is in creating support for small and medium startups, institutional, private and business banking and also partnership with fintechs like piggyvest and cowrywise. Their idea is to build a long-lasting yet bearable customer-inclined financial institution. Over the years they have set a pace for upcoming financial institutions by how well they serve their customers and partnership with other fintechs to help one live a financially stable life. While still setting the pace, Providus bank established the world Elite Mastercard in 2017 which was rated the first takeoff of elite MasterCard in the whole of sub-Saharan Africa. The elite MasterCard was realised to ease up banking services in Providus bank as the elite MasterCard provides the comfort, flexibility, trustworthiness and security of each card owner. MasterCard intends to create an unforgettable experience with loved ones coupled with health benefits that extends to every one of their customers.
Providus bank branches in Lagos, Nigeria
Over the years, there has been significant growth in Providus bank since after its authorisation by CBN(Central bank of Nigeria) which has triggered a spread around its state of establishment, Lagos state. Currently, they have about 12 branches in Lagos State, Nigeria. But the known branches are:
Providus bank Festac Branch
House 16, 51 Road, opposite 51 junction.
Festac Town, Lagos
Providus bank Ikota Branch
Shop C175-182, Road 2, Ikota shopping complex, km 22.
Lagos- Epe, Expressway,
Providus Bank Gbagada branch
16 Diya street, Ifako-Gbagada road,
Gbagada, Lagos state
Not to forget that their headquarters is at:
724, Adeto jumbo Ademola street,
Victoria Island, Lagos
And the main branch at:
54 Adetokunbo Ademola street
Victoria Island, Lagos
Providus mobile banking
Aside from the physical branches of Providus bank, you can decide to switch things up with the providus mobile banking through a mobile phone with an internet connection that enables you to be on the go all the time. And yeah, the Providus bank has been in existence for a short while yet they have achieved so much great within a short while and still breaking limits. Little wonder, their motto is “Future Forward Banking”. Which depicts the big plans they long to achieve via the help of technology.
Products of Providus bank
Here are a few products offered by the high esteemed bank that has leveraged technology to provide excellent customer delivery:
- Salary advance: Signing up to this product means you will be permitted to have 50% of your monthly paycheck for 3 months and collateral is not needed.
- Mortgage: This gives you the financial assistance to be able to own a completed building or building that is still under completion. And it is made open for the income earners and business owners that own properties in locations like Lagos, Port Harcourt and Abuja. For this product, you can make a 30% contribution for about 10 years or more to successfully own a property.
- Vehicle: For the category that chooses to pick the vehicle loan. It gives salary earners, small businesses and perhaps corporations the opportunity to own a car without any financial stress. You make a consistent contribution for up to 48 months or more
- Education: The providus bank grants students loans by supporting them financially through their undergraduate study, postgraduate study and professional examinations.
One bank that has consistently conquered the digital banking pressure is Providus bank through a formidable relationship with fintech in Nigeria. On the other hand, there has been a massive increase in the users of fintech due to the legal relationships built with Providus bank as an authorised bank. There are however other recent branches of Providus bank across Lagos which are not included here, please feel free to share any of the recent branches of Providus bank you have come across, seen or know.