The Alternative Bank, also known as AltBank, has officially launched its flagship branch in Effurun, Delta State, marking a significant milestone in its mission to redefine banking in Nigeria. Strategically located to serve the broader Edo/Delta region, the new branch is designed to provide purposeful banking and financial empowerment to individuals, entrepreneurs, and businesses.
According to a statement by the financial institution, the opening of the Effurun branch underscores AltBank’s commitment to transforming the banking landscape in Nigeria. Chukwuemeka Agada, Divisional Head (South) of The Alternative Bank, emphasized the institution’s dedication to the Warri community and its surroundings, stating that the branch represents a pledge to empower local businesses and families, providing them with the necessary tools to grow without compromise.
The launch event was attended by key dignitaries, including His Royal Majesty, Emmanuel Ekemejewa Sideso Abe I, the Ovie of Uvwie Kingdom, and Hon. Ernest Airoboyi, Special Adviser to the Executive Governor of Delta State on Community Development. Chief (Dr.) Samuel Eshenake, the Ovie’s representative, challenged the bank to facilitate development and employment within the Effurun community.
Akanni Owolabi, Regional Head, Edo/Delta at The Alternative Bank, reassured that the bank will work sustainably to drive local commerce, creating opportunities, driving employment, and supporting the growth of local businesses. The bank’s mission is to empower the community, ensuring that every step forward is one of progress, prosperity, and shared success.
The establishment of the Effurun branch is a significant development in AltBank’s efforts to expand its presence in Nigeria. With its customer-centric approach and commitment to financial inclusion, the bank aims to make a positive impact on the local economy. As the bank continues to grow and expand its services, it is expected to play a vital role in shaping the future of banking in Nigeria.
The launch of the Effurun branch is a testament to AltBank’s dedication to providing innovative banking solutions and empowering local communities. As the bank looks to the future, it is likely to face opportunities and challenges in the rapidly evolving Nigerian banking landscape. Nevertheless, with its strong commitment to customer satisfaction and financial inclusion, AltBank is well-positioned to make a lasting impact in the region.