FirstAdvance hits N1bn daily payout milestone

FirstBank has announced that its king and flagship salary backed digital loan product, FirstAdvance, hits a milestone N1 billion disbursement daily. The feat highlights the bank’s commitment to delivering innovative, accessible, technology-driven financial service solutions to its customers.
FirstAdvance is a convenient loan offering for salary earners, that enables FirstBank customers to access short-term credit in less than one minute without collateral, enabling customers to conveniently meet urgent financial needs. This remarkable scale to a N1 billion single day disbursement product reflects increasing customer adoption, trust in FirstBank’s digital platforms, and the effectivenes...