CSD COOKIES POLICY
We Value Your Privacy
At CSD MFB Microfinance Bank. (hereinafter called “CSD MFB Microfinance Bank”), we treat your personal information as private and confidential. We are dedicated to protecting your privacy and providing you with the highest level of security at any point of interaction with us. This Privacy Policy describes what personal information we collect, what we do with it and how we protect it.
This policy (together with our Terms and Conditions) sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it. By continuing to visit our website (www.CSDMFB.com) and other CSD MFB Microfinance Bank customer touchpoint, you accept and consent to the practices described in this policy.
Information we collect and use
We collect information about you from a variety of sources, such as website visits, applications, identification documents, curriculum vitae, personal financial statements, interactions with relationship managers, and other third parties (credit bureaus, payment gateways, other financial institutions…), and other written or electronic communication reflecting information such as your name, address, passport details, identification numbers, biometric information, telephone number, location, occupation, assets, income and any other information we deem necessary.
We may also use your transactional account history including your account balance, payment records, and debit/credit card usage. We may also use information received from third parties such as family, solicitors, friends, or employers, website/ social media pages made public by you, government agencies, regulators, supervisory or credit agencies.
We may also collect other information such as video footage of you whenever you step into any of our branches, telephone conversations when you call any of our contact center lines, and geographic information of any of our branch ATMs when you use our ATMs.
We also collect data from ‘Prospective Employee’ for recruitment purposes, including for medical screening.
Cookies
Cookies are small text files stored on your computer or mobile devices whenever you visit a website. Cookies have many uses, such as memorizing your preferences to tailor your experiences while on our site– or to help us analyse our website traffic.
CSD MFB Microfinance Bank uses cookies to improve your experience while on this site. We would like to let you know a few things about our cookies:
Some cookies are essential to access certain areas of this site;
We use analytics cookies to help us understand how you use our site to discover what content is most useful to you
Kindly refer to our cookie policy for more information on cookies.
Cookie Policy
Introduction
The objective of this policy is to communicate what cookies are, how the bank uses cookies and the options available to customers for managing cookies when using the bank’s website.
Detail
What are cookies?
A cookie is a small text file that is sent to and stored in the browser directories of your device (smartphone or PC). Cookies can be used for a variety of purposes such as identifying users, keeping track of preferences and activity (e.g. Language, Currency, IP address used and Time zone).
Types of Cookies and how we use them:
Session Cookies: are cookies that expire when you end the session (leave the site or close your browser). Session cookies are used to store certain information while you use the site that makes navigation and your experience on our site easier and more convenient.
Persistent Cookies: are cookies that remain stored on your device until their expiry dates are exceeded or until they are deleted. They are used to store preferences so that the website can remember your choices the next time you access the site. They are used to provide a more customized experience to you whenever you access our website.
In addition to the above types, If you follow a link from our website to another website, please be aware that the owner of the other website will have their own privacy and cookie policies for their site. Please check the relevant third-party website for more information on their use of cookies.
Keeping Your Personal Information Safe
Our cookies never store personal or sensitive information; they simply hold a unique random reference to you so that once you visit the site we can recognize who you are and provide certain content to you
The cookies we use cannot read or search your computer or mobile device to obtain information about you or your family, or read any material kept on your device.
Cookie Preferences
Various browsers have different methods of managing cookies (including disabling options). However, you should note that some cookies are essential and disabling them may result in some functions or services not functioning properly. For more information on how to manage cookies, please refer to: https://www.aboutcookies.org
Cookie Consent
In compliance with the extant Data Protection Regulations like the General Data Protection Regulation (GDPR), websites associated with our organization, provide consent notices that give customers the option to opt-in and also get more detailed information about our cookies.
Updates of this Policy
We may update this policy from time to time. Kindly review this policy from time to time to ensure that you have up-to-date information.
Use of personal information
The collection and use of personal data by CSD MFB Microfinance Bank is guided by certain principles. These principles state that personal data should
be processed fairly, lawfully and in a transparent manner.
be obtained for a specified and lawful purpose and shall not be processed in any manner incompatible with such purposes.
be adequate, relevant and limited to what is necessary to fulfil the purpose of processing.
be accurate and where necessary, up-to-date. In the event data is inaccurate, steps should be taken to rectify or erase such data.
Not be kept for longer than necessary for the purpose of processing.
be processed in accordance with the data subject’s rights
be kept safe from unauthorised processing, and accidental loss, damage or destruction using adequate technical and organizational measures.
Any personal information provided by you to CSD MFB Microfinance Bank will be used with your consent, or when we have another lawful reason. These include
Cases where processing of personal data is required for the fulfilment of a contractual obligation.
Cases where processing of personal data is required for compliance with legal and/or regulatory requirements.
Cases where processing is required to protect your vital interest or that of any other natural person.
Cases where processing is required for an activity to be carried in significant public interest.
Cases where processing is required for legitimate interests of CSD MFB Microfinance Bank or a third party insofar as this does not conflict with the requirements for the protection of your personal data.
Your personal information is used in:
Updating and enhancing CSD MFB Microfinance Bank’s records
Executing your instructions.
Establishing your identity and assessing applications for our products and services
Pricing and designing our products and services
Administering our products and services
Managing our relationship with you
Managing our risks
Identifying and investigating illegal activity (i.e.), such as fraud
Contacting you, for example in instances where we suspect fraud on your account or when the need arises to tell you about recent occurrences in the banking sector or some event(s) of significance.
Conducting and improving our businesses and improving your experience with us
Reviewing credit or loan eligibility.
Preventing money laundering or terrorism financing activities.
Complying with our legal obligations and assisting government and law enforcement agencies or regulators/supervisors
Identifying and informing you about other products or services that we think may be of interest to you.
Processing your job application if you apply for a job with us, including processing your sensitive data for medical screening.
We may also collect, use and exchange your information in other ways permitted by law.
Automated Processing
We sometimes use automated systems and software to help us reach decisions about you, for example, to make credit decisions, to carry out security, fraud and money laundering checks, or to process your data when you apply for some of our products and services.
This type of processing is carried out under lawful basis and you can contact us to request that automated processing be reviewed by a human being if you detect any inaccuracies in your personal data.
Information we share
We may share the information about you and your dealings with us, as collected and for such use above, and to the extent permitted by law or by you, with the following:
CSD MFB Microfinance Bank’s Branches and Subsidiaries
Regulators/Supervisors, Government Agencies/courts – It may be necessary by law, legal process, litigation, and/or requests from public and governmental authorities within or outside your country of residence for CSD MFB Microfinance Bank to disclose your personal information. We may also disclose information about you if we determine that for purposes of national security, law enforcement, or other issues of public importance, disclosure is necessary or appropriate.;
External Auditors;
CSD MFB Microfinance Bank’s staff;
Credit Agencies;
Correspondent banks;
CSD MFB Microfinance Bank’s strategic partners/service providers – for the purpose of improving and providing our products and services to you. Your Personal information will not be shared with third parties for their marketing purposes.
We may also disclose information about you if we determine that disclosure is reasonably necessary to enforce our terms and conditions or protect our operations or users. Additionally, in the event of a reorganization, merger, or sale we may transfer any and all personal information we collect to the relevant third party.
Information about our customers and their usage of our website is not shared with third parties for their marketing purposes. We do not disclose any information about any user’s usage of our web site except in specific cases, and we do not share information with any unaffiliated third parties for marketing purposes unless you expressly give us permission to do so.
How we protect your information
We take appropriate technical and organizational measures to prevent loss, unauthorized access, misuse, modification or disclosure of information under our control. This may include the use of encryption, access controls and other forms of security to ensure that your data is protected. We require all parties including our staff and third-parties processing data on our behalf to comply with relevant policies and guidelines to ensure that information is protected in use, when stored and during transmission.
Your personal information with us remains secure because:
We use strict security measures and technologies to prevent fraud and intrusion.
Our Security controls and processes are regularly updated to meet and exceed industry standards.
Our employees are trained to respect the confidentiality of any personal information held by us
Where we have provided you (or where you have chosen) a password which grants you access to specific areas on our site, you are responsible for keeping this password confidential. We request that you do not to share your password or other authentication details (e.g. token generated codes) with anyone. Other security measures you can take that will help us protect your data can be found at www.CSDMFB.com/securitycentre
Where we store your Information
All Personal Information you provide to us is stored on our secure servers as well as secure physical locations and cloud infrastructure (where applicable) for the purposes of providing seamless services to you, including but not limited to ensuring business continuity, the data that we collect from you may be transferred to or stored in cloud locations at globally accepted vendors’ data center. Whenever your information is transferred to other locations, we will take all necessary steps to ensure that your data is handled securely and in accordance with this privacy policy.
How long we store your information
We retain your data for as long as is necessary for the purpose(s) that it was collected. Storage of your data is also determined by legal, regulatory, administrative or operational requirements. We only retain information that allows us comply with legal and regulatory requests for certain data, meet business and audit requirements, respond to complaints and queries, or address disputes or claims that may arise.
Data which is not retained is securely destroyed when it is identified that is no longer needed for the purposes for which it was collected.
Your rights
You have certain rights available to you, these include
The right to access your personal information held by us. Your right of access can be exercised by sending an email to cea@CSD MFB Microfinance Bank.com or dpo.ng@CSD MFB Microfinance Bank.com
The right to rectify inaccurate or incomplete information.
withdraw consent for processing in cases where consent has previously been given.
restrict or object to processing of your personal data. We might continue to process your data if there are valid legal or operational reasons
You also have the right to:
Request that your personal data be made available to you in a common electronic format and/or request that such data be sent to a third party.
Request that your information be erased. We might continue to retain such data if there are valid legal, regulatory or operational reasons.
If you suspect any violation of your right, you can send your complaint to the Data Protection supervisory authority in Nigeria, the Nigerian Data Protection Commission (NDPC), at info@ndpc.gov.ng ; additionally, it can also be addressed to dpo.ng@CSDMFB.com.
Please be informed that dpo.ng@CSDMFB.com is a designated email that addresses data privacy complaints, requests, and inquiries ONLY.
For inquiries or complaints related to our products, services, or other banking operations, kindly visit our Help Centre or send an email to CSD MFB Contact@CSDMFB.com.
You may also contact our Contact Centre on the following numbers: to CSD Microfinance bank: 07042230625