Uganda: Housing finance to launch rural mobile, banking services.Byline: sander03 Housing Finance Bank Ltd is set to launch a new banking service, in which Ugandans in rural areas will be able to open up accounts with the bank without going to the bank premises. Announcing the new product known as Mobile Banking services during the official launch of the Housing Finance Bank Ltd Mbale
Mbale is a town in south eastern Uganda and the chief town of the Mbale District. It lies 190 km (120 mi. branch last week, the Managing Director, Mr Nicholas Nicholas, Russian grand duke Nicholas (Nikolai Nikolayevich) (nyĭkəlī` nyĭkəlī`əvĭch), 1856–1929, Russian grand duke and army officer; first cousin of Czar Alexander III and grandson of Czar Okwii said rural people intending to open up accounts will wait for the bank staff at their residents. In order to bring services nearer to the people, Housing Finance Bank Ltd is set to begin rural mobile banking services in order to enable our people begin saving without having to go the bank premises, said Mr Okwii. He said the bank, with its target of raising the networks to 35 in the next four years, would also by the end of the year start internet banking to ease banking for busy people who don t have time to move to the bank premises. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mr Okwii, the accounts opening shall range from Shs50,000 to over Shs1 million. The Mbale branch brings to seven the number of Barclays Bank branches in the country having opened another up-country Adv. 1. up-country - to or in the interior of a country or region; "they live upcountry" branch early this year in Mbarara Mbarara is a town in southwestern Uganda, located about 266km from Kampala. It is the main municipality of Mbarara District. It is also the largest urban centre in Western Uganda. . Minister of State for Housing Mr Michael Werikhe Michael Werikhe (1956 - 1999), also known as “the Rhino Man” was a Kenyan conservationist. He became famous through his long fundraising walks in East Africa and overseas. He started his campaign after learning how drastically Black Rhinos had decreased in Africa. Kafabusa urged people of Mbale to take advantage of the various banking services provided by the new bank to fight poverty at household level. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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