News / Local
MBCA opens branch in Gweru
07 Jun 2016 at 07:18hrs | Views
The MBCA Bank, a member of Nedbank Group of South Africa has opened a branch in Gweru.
This becomes the third branch that the bank has in the Midlands Province with the other two in Zvishavane and Kwekwe.
Masvingo Mirror reported that the bank now has 10 branches in the country which are found in Mutare, Harare and Bulawayo.
The branch was officially opened by MBCA chairman, Vimbai Zireva who gave a brief background of the former merchant bank, its vision and the range of products on offer to clients.
"MBCA was incorporated in 1956 as the Merchant Bank of Central Africa. It then transformed to become a commercial bank in 2004 and renamed MBCA with majority shares owned by Nedbank, South Africa and Old Mutual," said Zireva.
He added that they want to be the most admired bank in the country by its different clients who vary from companies to individuals and small to medium enterprises.
"We have products and services for everyone, whether you are a big corporate, small enterprise or any individual with any earning capacity.
"We recently sharpened our financial inclusion strategies by introducing a Basic Account product with a free funeral cash cover which account holders can access from just one month from the date of opening," said the chairman.
The bank has also introduced mobile banking and a facility where clients can pay for their bills from anywhere in the world as long as they have internet access.
"With MBCA net clients can enjoy banking services from anywhere as long as they have access to the internet and with MBCA Mobile, clients can pay their bills, transfer funds, purchase airtime and check their account balances which compliments Government's efforts towards financial inclusion.
"We are increasing the number of our ATMs and plans are underway to deploy point of sale machines for the convenience of our clients," he added.
Dr Charity Jinya the bank's managing director said despite the economic outlook they have faith in the mining industry which will one day change for the better hence the opening of branches in such places like Zvishavane and Kwekwe which are predominantly mining towns.
This becomes the third branch that the bank has in the Midlands Province with the other two in Zvishavane and Kwekwe.
Masvingo Mirror reported that the bank now has 10 branches in the country which are found in Mutare, Harare and Bulawayo.
The branch was officially opened by MBCA chairman, Vimbai Zireva who gave a brief background of the former merchant bank, its vision and the range of products on offer to clients.
"MBCA was incorporated in 1956 as the Merchant Bank of Central Africa. It then transformed to become a commercial bank in 2004 and renamed MBCA with majority shares owned by Nedbank, South Africa and Old Mutual," said Zireva.
He added that they want to be the most admired bank in the country by its different clients who vary from companies to individuals and small to medium enterprises.
"We have products and services for everyone, whether you are a big corporate, small enterprise or any individual with any earning capacity.
"We recently sharpened our financial inclusion strategies by introducing a Basic Account product with a free funeral cash cover which account holders can access from just one month from the date of opening," said the chairman.
The bank has also introduced mobile banking and a facility where clients can pay for their bills from anywhere in the world as long as they have internet access.
"With MBCA net clients can enjoy banking services from anywhere as long as they have access to the internet and with MBCA Mobile, clients can pay their bills, transfer funds, purchase airtime and check their account balances which compliments Government's efforts towards financial inclusion.
"We are increasing the number of our ATMs and plans are underway to deploy point of sale machines for the convenience of our clients," he added.
Dr Charity Jinya the bank's managing director said despite the economic outlook they have faith in the mining industry which will one day change for the better hence the opening of branches in such places like Zvishavane and Kwekwe which are predominantly mining towns.
Source - Masvingo Mirror
