Engage Government, Wina urges banks


VICE-PRESIDENT Inonge Wina has challenged the banking sector to engage Government to ensure that there is financial inclusion among various groups, especially farmers.

Mrs Wina urged financial institutions to also partner with Government in the implementation of the electronic voucher system and the current titling exercises.
She said this yesterday when United Bank for Africa (UBA) country chief executive officer Emeka Dimanochie called on her at her office.
“Financial institutions are an integral partner in national development who can play a role in youth empowerment to counter unemployment,” Mrs Wina said.
She urged the bank to promote intra-trade in Africa, which UBA pledged to follow up as it formed the cornerstone of its business in Africa.
And Mr Dimanochie said there is a need for empowerment and that his bank is targeting women because they had proved to be serious business partners with a successful record of paying back loans.
He said UBA was present in 19 countries and would increase to 25 countries in the next three years.
Meanwhile, permanent secretary for administration in the Office of the Vice-President Stephen Mwansa said UBA is the pride of Africa as it is run by Africans for Africans.
He challenged the bank to extend its services in Zambia to capture the unbanked.


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