In line with the commitment of the Force to improving the welfare of its personnel, especially in the area of providing financial services such as retail banking, soft loans and advances and financial advisory among others the Inspector General of Police, Muhammadu A Adamu, Wednesday, 10 March, 2021 launched the Nigeria Police Microfinance Bank (NPF-MFB) e-Banking Technology including the Mobile Banking App and the *5757# USSD code.
This was disclosed on via a press statement by the Force Public Relations Officer, Frank Mba, a Commissioner of Police.
The IGP, during the unveiling of the new banking technology and digital innovation at the Force Headquarters, Abuja, noted that the initiative will help improve banking experience, customer interaction and operational efficiencies for both serving and retired Police Officers and the general public that own accounts and does other financial transactions with the NPF-Micro Finance Bank.
The IGP further noted that the NPF-MFB, established on 19th May, 1993, is fast growing as one of the leading Microfinance Bank in Nigeria. This, he stated is evident in its expansion from a single branch at creation to thirty-five (35) branches presently across Nigeria. The new e-Banking Technology Mobile Banking App and the *5757# USSD code is part of the determination of the Force to evolve technologically and improve the services rendered by the Bank to Police officers across the country.
Meanwhile, the IGP reaffirmed the commitment of the Nigeria Police Force to the welfare of its personnel, noting that financial stress-free life is key to personnel performance. He encouraged police personnel, retired police officers and the general public to maximize the enormous services and benefits the new technological innovation that the Nigeria Police Microfinance Bank provide.