Sterling Bank has introduced the One-Woman Saver Account, a product aimed at enhancing financial inclusion among market women and traders in Ogun State. This account offers easy access to banking services and provides a competitive six percent rate of return on savings.
Regional business executive of Sterling Bank in the Southwest, Evans Akinlolu, highlighted that the product was specifically designed to drive financial inclusion, foster a savings culture among women, and improve their overall economic status over time. Recognizing the significant role of women in the economy, Sterling Bank is committed to supporting initiatives that strengthen the state’s economy by empowering women.
Akinlolu emphasized the bank’s belief in the transformative power of women, stating that supporting women is equivalent to supporting the nation as a whole. The One-Woman Saver Account encourages gradual savings, offering one of the highest interest rates available. Sterling Bank goes the extra mile by reaching out to customers directly, ensuring convenience and ease of access to banking services.
Emezino Afiegbe, the representative of Women’s World Banking, praised the partnership with Sterling Bank, citing the bank’s dedication to meeting women’s financial needs. Women’s World Banking collaborates with Sterling Bank because of its commitment to women’s empowerment and its ability to deliver tailored solutions.
The launch event was attended by prominent figures, including the Project Coordinator of the Nigeria Women Project, Mrs. Fadairo, the Permanent Secretary of the Ministry of Women Affairs, Mrs. Ogunremi, Alhaji Mutiu (Olori Aje of Egba), and Mrs. Sidi Owe (Iyaloja Lafenwa), among others.
Through this initiative, Sterling Bank aims to uplift market women and traders, promote financial inclusion, and contribute to the growth and prosperity of women in Ogun State.