Steward Bank targets 250 000 new accounts

Steward Bank is opening at least 200 new accounts per day and is targeting 250 000 new accounts as it rolls out more agency banking outlets aimed at reducing costs.

This comes as the bank has partnered with Zimpost in the roll out of 40 agency banking outlets which will offer universal banking services, allowing those with different banks accounts to transact using through Steward Bank.

Speaking at the launch the bank CEO Lance Mambondiani said the bank has 250 outlets nationwide as it aims to be the largest distribution channel of banking services.