Archive
Kanungu gets its second commercial bank
Publish Date: Nov 07, 2010
Newvision Archive
  • mail
  • img

By Patson Baraire
KANUNGU district has got only its second commercial bank after PostBank opened its branch in the town council last week.

The branch opening came as a big relief to the banking population who have been travelling long distances or queuing at the only bank in district to access banking services.

During the week-long pre-opening and sensitisation programme, up to 800 clients opened up accounts, a reflection that they were hungry for the service.

The only bank in the district is located in Kihiihi town council, about 45km away.
Nuwamanya Muhambani, the PostBank area business manager, explained that the bank would provide tailor-made products bearing in mind a rural setting.

“We have in mind that there are several low income earners. We shall ensure that we encourage them so that they can also enjoy banking services,” Muhambani said.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
FORMER president Dr. Apollo Milton Obote has been honoured for his distinguished service to Busoga College Mwiri and the nation....
THE Ministry of Health has appealed to religious groups to counsel men to stop having extramarital sex to stem the raising rates of HIV infections....
THE Chinese community in Uganda on Tuesday celebrated their 62nd independence anniversary....
MAKERERE University has sued the National Insurance Corporation (NIC) over a sh16.7b pension savings package it claims the insurance giant owes it....
PRESIDENT Yoweri Museveni will lead the alumni of the University of Dar-es-Salaam in Uganda to a fundraising drive targeting sh1b for the Tanzania-based institution....
THE UPDF officers, dressed in neatly pressed uniforms complete with gleaming black boots, took to the podium, many accompanied by their spouses. Then, they were decorated....
Will strict traffic laws reduce road accidents?
Yes
No
Can't Say
follow us
subscribe to our news letter