Senanga District Commissioner, Kwalombota Muwanei, says the presence of Zanaco in the district is of great value towards economic development.
And Branch Manager, Cosmas Mwiinga, says the bank has enough credit to lend out to viable projects and businesses.
Speaking at a dinner hosted by Zanaco to celebrate the bank’s 40th Anniversary, Mr Muwanei said the presence of the financial institution in a rural district like Senanga was of great economic value.
Mr Muwanei also appealed to government institutions and other employers to localize their financial transactions through the local Zanaco branch so as to access a quick banking service.
He appealed to local people and businessmen to reduce risks of loosing money by accessing affordable banking services at Zanaco.
And at the same function, Branch Manager Cosmas Mwiinga called upon individuals and the business community to take advantage of the existing products at the bank.
Mr Mwiinga said the banks had enough credit to lend out to viable business ventures.
The dinner was attended by heads of government departments, the business community and other prominent people.
ZANIS
Shame at 45 years of independence,this is when ZANACO is opening its first branch in Senanga,interesting stuff.
If any bank has to be given credit for operating in the rural areas it should be Natsave then followed by Finance bank. Natsave has branches has always had branches in far flung areas like Chama, Mporokoso, Kaputa, Zambezi and recently also opened in Lukulu. With its newly introduced state of the art banking system it will soon be a force to recon with in the Zambian banking sector
#1. Who said this is when they have opened the branch? Read article again. They were just celebrating 40 yrs of Zanaco’s existence. That is why you fail exams. Full of knowledge but you answer Qns not asked by the examiner, chopeti…!!!