The Alternative Bank, TotalEnergies to Rollout ‘Bank in a Box’

The Alternative Bank and TotalEnergies, have revealed plans to unveil an innovative partnership that aims to bring vital banking services directly to underserved communities nationwide through their pioneering Branch in a Box initiative.

These mini-branches, the bank said in a statement,  will be strategically located within select TotalEnergies stations across the country, offering enhanced accessibility and convenience for customers seeking essential financial services.

Director of Products & Innovation at The Alternative Bank, Mohammed Bashir Yunusa, lauded the initiative as innovative and timely, emphasizing its role in alleviating the difficulties associated with accessing financial services. 

According to Yunusa, “The Branch in a Box provides convenient, accessible banking services within trusted and familiar locations, staffed with well-trained customer service personnel to assist everyone.”

The Branch in a Box functions like traditional branches, offering a comprehensive range of banking services, including account opening, cash withdrawal and deposit, fund transfers, card pick-up, access to interest-free credit, and more.

Expressing enthusiasm about the collaboration, Yunusa remarked, “The Alternative Bank and TotalEnergies have a shared commitment to fueling financial inclusion and supporting the communities they serve. We are therefore thrilled to partner with TotalEnergies to launch this innovative initiative.”

Abdulahi Umar, General Manager at TotalEnergies, echoed these sentiments, stating, “We are committed to providing our customers with exceptional service and convenience. So, partnering with The Alternative Bank allows us to enhance our offering of a truly integrated experience to our customers and communities.”