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Home » NOVA Bank Begins Commercial Banking Operations, Launches “PHYGITAL

NOVA Bank Begins Commercial Banking Operations, Launches “PHYGITAL

Adetunji Tobi by Adetunji Tobi
July 4, 2024
in Finance
0
NOVA Bank Begins Commercial Banking
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NOVA Bank, formerly NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank.

This follows the Central Bank of Nigeria’s (CBN) approval of the final license for the Bank to commence operations as a National Commercial Bank.

Apart from the newly opened branch in VI, the bank announced that additional branches in Lagos, Abuja, Port Harcourt, and Kano, will follow shortly.

Phillips Oduoza, Chairman and Founder of NOVA Bank, who spoke on the commencement of its commercial banking operations, emphasized the Bank’s unwavering commitment to customer focus and delivering exceptional service.

He noted that the introduction of the innovative “PHYGITAL” model, is a trademark of NOVA.

“We are pleased to continue our tradition of excellence established as a merchant bank and further extend the banking experience to the retail end of the market.

‘’As we expand our services, we remain dedicated to delivering an unparalleled banking experience that seamlessly integrates the physical and digital realms.

“Our trademarked PHYGITAL experience combines a select number of strategically located physical branches with high-tech, seamless digital banking capabilities, ensuring that our customers receive the best of both worlds. This approach allows us to provide personalized, in-person service where it is most needed, while also offering the convenience and efficiency of cutting-edge digital solutions.”

On his part, Wale Oyedeji, the Managing Director/CEO of NOVA Bank, said, “For over half a decade, NOVA has been instrumental to the success of leading corporates and high-net-worth individuals, delivering tailored solutions to meet the unique needs of their businesses.

‘’As we evolve to serve a broader customer base, we remain committed to delivering innovative services, building on our legacy as a leading Merchant Bank.

“Through disruptive seamless digital products and services, we are poised to deepen financial inclusion, provide convenient and secure banking solutions, and elevate the SME market as a key economic driver”.

Speaking in the same vein, Mrs. Esther Adino, the Bank’s Group Head, Retail and Digital Banking, highlighted the innovative financial solutions that NOVA Bank offers, adding, “At NOVA Bank, we provide a comprehensive suite of banking services tailored to meet the diverse needs of individuals, SMEs, and large corporations.

‘’Our card solutions ensure convenience and security for everyday transactions. Our state-of-the-art mobile app empowers customers to manage their accounts, transfer funds, pay bills, and do much more, all from the convenience of their mobile devices.

‘’Additionally, we offer quick and efficient POS solutions that facilitate seamless transactions for SMEs and large businesses, along with flexible account options designed to cater to the varied financial needs of our customers.”

 

 

 

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  • Adetunji Tobi
    Adetunji Tobi

    Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

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