Economy

UBA expands footprint into North-western province

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United Bank of Africa (UBA) Zambia says it has launched its seventh branch network into Solwezi, North-western province.

It said this is in bid to serve its customers in the mining town with exceptional and affordable banking services

Chief Executive Officer, Chinedu Obeta, said this in Solwezi on Thursday.

Obeta said the branch was strategically opened in the rapidly growing district to cater and serve diverse communities of that part of the country.

He added that they would also extend operations in key locations such as Chipata, and the industrial area in Lusaka.

Obeta said one of the objectives of the bank is to decentralise services while providing excellent customer driven solutions.

“According to the 2022 Bank of Zambia (BOZ) Financial Inclusion Indicator Framework, the number of access points per 10,000 adults at a national level was at 31.41,” Obeta said.

Read More:UBA unveils payment system to support e-commerce transactions

He said this will help increase the number of financial touchpoints available to the public.

“With the introduction of the Customer First Philosophy (C1ST) Group-wide, the bank has transformed into a more customer-focused institution delivering excellent financial services,” Obeta said.

Bank Board Member, Mike Mweemba, added that they would continuously work towards increasing financial inclusion in the country as it seeks to bring financial services to all Zambians and make it a basic entitlement for all.

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