Tuesday, 4 September 2012

Eco-bank Zambia to increase its branch network by another 4 branches before the end of the year

Eco-bank Zambia plans to increase its branch network by another 4 branches before the end of the year.

The pan African bank also intends to increase its number of automated tailor machines (ATMs) from 16 to 34 by the end of the year.

Out-going eco-bank managing director charity lumpa says the bank in line with it vision of reaching the unbanked areas in the country intends to open more branches in areas such as solwezi, mpongwe, Chipata and other rural areas.

Ms lumpa says the bank which has applied to the central bank to have the areas approved will also use alliances with institutions to increase its reach in Zambian financial markets.

Ms lumpa who is going to the  banks group headquarters said this during the commemoration of the 3years anniversary of eco-bank’s existence in the country.

Speaking earlier eco-bank Zambia board chairperson Titus kalenga says the bank will support initiatives of the government to grow the small micro entrepreneurs (SME’s) s in its market.

Mr. kalenga says the bank will leverage on its experience in over 30 countries in Africa to support SME’S IN ZAMBIA TO GROW AND this will be done through sharing of experiences and training.

He also says as part of the SADC region, the bank will also support intra regional trade by leveraging on the support of its affiliates in the various SADC countries such as Zimbabwe, democratic republic of Congo, Malawi and very soon Angola.

He has assured customers and would be customers that the bank is here to stay and this can be shown by its commitment through its service provision.

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