By NKIRUKA NNOROM

Olive Microfinance Bank said it is poised to increase its effort at poverty alleviation through improved credit disbursement to the active poor within Lagos State in the current year.

This is even as the bank has clinched the 2012 most consistent microfinance institutions in Lagos State.

The Managing Director/CEO of Olive MFB, Mr. Eniola Agbesoyin, who spoke while receiving the most prestigious Bank of the Year Award, organised by Solkem Entertainment in Lagos, said the bank aimed to not only improve on giving its customers satisfying banking experience, but to double its outreach within the year.

He said, “The award is a stepping stone for us to improve in whatever we are doing. Our aim in 2013 is to double our outreach, to double our impact especially as it relates to active poor. We are expecting to do much more than we have done in 2012.

“We believe that in 2013, we will excel in all area of our business like in financial literacy, credit disbursement, among others.” He further stated that the bank would continue to seek innovative ways of offering its stakeholders exceptional service, while thanking the bank’s customers for their continuous patronage and tremendous support over the years.