MTN to link up to 89 Nigerian bank branches

MTN Nigeria has signed a five-year deal to provide First City Monument Bank (FCMB) with a WAN (wide area network), linking up to 89 of the bank's branches nationwide.

With more than 3,400 bases stations in Nigeria, MTN can promise better service delivery to both individual and corporate customers like FCMB, said MTN Nigeria CEO Ahmad Farroukh at a ceremony to announce the deal.

The WAN will improve FCMB's quality of services, enabling prompt service provision and allowing customers to avoid lines at banking halls, said the bank's head of IT, Olayinka Oni.

As the first banking solution of its kind to be implemented in Nigeria, the WAN will lessen turn-around time, improve transaction speeds and enhance customer satisfaction, he added.

"It will also impact on long-term increase in customer base and long-term profit," Oni said. "And we look forward to leveraging on the cutting-edge ICT facilities provided by MTN to offer our growing customer base the excellent services for which we are known."