Stanbic ibtc launches first digital self service branch

Stanbic IBTC, a leading financial institution in Nigeria, has launched its first digital self-service branch in Lagos. This innovative branch is designed to provide customers with a seamless and efficient banking experience, leveraging technology to reduce wait times and enhance customer convenience.

The digital self-service branch is equipped with advanced technology, including:

  1. Automated Teller Machines (ATMs): Customers can perform various transactions, such as cash withdrawals, deposits, and transfers, using the ATMs.
  2. Interactive Kiosks: Customers can access a range of services, including account opening, loan applications, and bill payments, using the interactive kiosks.
  3. Biometric Authentication: Customers can use biometric authentication, such as facial recognition or fingerprint scanning, to access their accounts and perform transactions.
  4. Digital Signage: The branch features digital signage that provides customers with real-time information on products and services, as well as promotional offers and updates.

The digital self-service branch is designed to provide customers with a range of benefits, including:

  1. Convenience: Customers can perform transactions at their own pace, without the need for human intervention.
  2. Efficiency: The branch is designed to reduce wait times, allowing customers to complete their transactions quickly and easily.
  3. Security: The branch uses advanced security measures, including biometric authentication and encryption, to protect customer data and transactions.
  4. Personalization: The branch uses data analytics and machine learning to provide customers with personalized offers and recommendations.

Stanbic IBTC's digital self-service branch is a significant milestone in the bank's efforts to leverage technology to enhance customer experience and improve operational efficiency. The branch is expected to set a new standard for banking in Nigeria, and the bank plans to roll out more digital self-service branches across the country in the coming months.

In a statement, the bank's Managing Director, Dr. Demola Sogunle, said: "We are committed to providing our customers with the best possible banking experience, and our digital self-service branch is a key part of that strategy. We believe that technology has the power to transform the way we do business, and we are excited to be at the forefront of this revolution in Nigeria."

The digital self-service branch is located at the Stanbic IBTC headquarters in Victoria Island, Lagos, and is open to customers from 8am to 5pm, Monday to Friday.