First Bank of Nigeria Limited is set to support schools and educational institutions with their educational requirements to enhance preparations for the school year.
The bank’s support for educational development of the child and the institution is an offshoot of its initiative for Small and Medium Enterprises (SMEs). The lender has developed an array of products and solutions targeted at enabling schools at all levels to seamlessly automate their administrative processes and optimise the process for school fees collections whilst they also acquire attractive educational facilities to support their business.
The bank’s educational products and solutions include the FirstEduPortal, SkoolPay, and theFirstEdu Loan. Others are Operational Vehicle Loan, Commercial Mortgage and Personal Loan against Salary (PLAS) which enhances Parents/Guidance’s capacity to pay their wards’ school fees.
The FirstEduPortal facilitates online application and admission, result checking, course scheduling, transcript request, e-learning as well as school fees payment and confirmation amongst others. The portal gives educational institutions the option of receiving payments from their students via debit cards online, Point of Sale, Automated Teller Machines and through any FirstBank branch.
Culled from http://thenationonlineng.net/firstbank-offers-educational-solutions-to-schools/