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Bank of Africa launches bank on wheels

By Vision Reporter

Added 12th September 2014 12:12 PM

Kampala folks were surprised during the launch of Bank on wheels launch at Bank of Africa (BOA) headquarters.

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Kampala folks were surprised during the launch of Bank on wheels launch at Bank of Africa (BOA) headquarters.

By Titus Kakembo         

Kampala folks were surprised during the launch of Bank on wheels launch at Bank of Africa (BOA) headquarters.


Gasps for breath were audible yesterday when guests were told the truck was bullet proofed and had tires that could inflate themselves when punctured or shot at by thugs.


“For a start it is going to serve in Lira district,” announced BOA general manager, Claver Serumaga. “After that, the service will roll out to other parts of the country. This is as good as two of our branches. Except this one does not wait for clients to come but goes to them.”


The governor Bank of Uganda, Mathew Mutebile hailed BOA for revolutionizing banking in Uganda by rolling out new products.


“This is a demonstration of the bank’s commitment to introduce a customer focused banking solution by taking services closer to the clients,” said Mutebile in a speech read for him by Benedict Ssekabira.


“BOA is toeing the Uganda Financial Inclusion Agenda – we appreciate.”


The audience was notified that BOA has grown by leaps and bounds since it was started in 1984 as a family business.
Today the bank has 35 branches and 33 Automated Teller Machines (ATM) with more than 115, 000 customers.


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