Inde Bank opens Mchinji Agency
MCHINJI: The Investment and Development Bank has said encouraging farmers to have the spirit of saving money with banks is the best way ensuring economic growth in the country.
INDE Bank managing director Mr. William Chatsala said this on the official opening of the bank’s Mchinji agency on Friday 30th March 2012.
Mr. Chatsala said being a border and farming district, Mchinji needs banking services.
The INDE Bank managing director said Mchinji is one of the strategic districts that would help improve the country’s economy.
Mr. Chatsala said there are a lot of activities that take place in the boarder district that need banking services and this is why his bank decided to have an agency there.
He said the presence of the agency will promote a saving culture among the people there.
Mchinji district commissioner Mr. Gusten Macheka said it has helped change the face of Mchinji in terms of infrastructure development.
He then called on other banks that are operating from rented houses to follow suit.
During the opening of the agency, Inde Bank donated half a million Kwacha to Mchinji district hospital for the purchase of mattresses and beds.
INDE Bank managing director Mr. William Chatsala said it is the bank’s cooperate responsibility to support communities in various areas among others health, Education and Environment.
Receiving the donation, Mchinji district hospital Medical Officer Dr. Juliana Kanyengambeta commended Inde Bank for the timely donation saying the hospital which is the referral centre for the district has very few mattresses and beds to accommodate all the patients.
Inde bank Limited was established in 1972 to contribute to the country’s economic and social development through the provision of medium and long term finance to viable business enterprises.—Zodiak Online
|< Prev||Next >|
Other Business News
- LWB Demands OK for 50% Tariff Hike
- Govt Owe Companies Over K 70 Bn
- K 24 Billion Required for Road Projects
- AfDB Commits Funding to Malawi Budget
- ESCOM Service Charter to Improve Delivery
- Malawi 2014/15 Budget Pegged at K743 Billion
- Bank Impressed with Pension System Review
- Uranium Deposits Intact at Kayerekera
- Malawi Marketers Plan 2014 Indaba
- Mining Law Under Review
Mulanje Forest Produce Consumers Attack Forestry DepartmentMULANJE: Forest produce dealers in Mulanje, the southern district...Read More...