Friday, March 31, 2023
18.7 C

Christian Aid, CICOD donate...

Christian Aid and Circle for Integrated Community Development (CICOD) on Friday,  donated Water Sanitation and Hygiene (WASH) items to people affected by Cyclone Freddy at Ngabu Sports Club Camp and Pakamwa Camp in the areas of Traditional Authorities Ngabu and Makhuwira. 

Japan donates 28 vehicles,...

The Japanese Government, through Japan International Cooperation Agency (JICA), has donated 28 three tonner hino trucks and five units of cold rooms with generators to the Malawi Government.

Chilima for speedy rehabilitation...

Vice President, Dr. Saulos Chilima on Thursday  called for speedy rehabilitation of Muloza bridge which was partly swept away by floods.

Malawi Govt sees potential...

Secretary to the Treasury (ST) Dr. MacDonald Mafuta Mwale has expressed Malawi Government’s commitment to providing continued financing for research, science, technology and innovation in an effort to achieve import substitution and wealth creation.
HomeNationalMyBucks  unveils new...

MyBucks  unveils new enhancements for civil servants

Posted in

The new enhancements include; improved loan disbursement as well as loan roll-overs for customers who have successfully paid back more than 6 months of their installments.

Announcing the development on Friday, MyBucks’ Head of Department for Microfinance, Zeyn Ali said that his bank is committed to meeting the unique needs of civil servants in the country.

“Civil servants play a vital role in our society and we are dedicated to providing them with the financial support they need.

“As a bank, we understand that civil servants may face unexpected financial challenges and the new enhancements provide them with additional financial flexibility,” Ali said.

Ali: Civil servants play a vital role in our society

He expressed confidence that the new services would provide the best banking experience among MyBucks customers, particularly those that are civil servants.

In her comment one of the civil servants, Grace Banda applauded MyBucks Banking Corporation for its new enhancements.

 “I am very impressed by the new enhancements, It is great to see the bank re-dedicated to serving the financial needs of civil servants swiftly.

“To my colleagues, if you are a civil servant in need of financial support, be sure to contact MyBucks to learn more about their new enhancements,” she said.

The new enhancements are coming after the Reserve Bank of Malawi recently approved the acquisition of the MyBucks bank by Centenary Rural Development Group and the Catholic Archdiocese of Lilongwe.

Currently, the bank has a broad network of financial services across the country, comprising 14 branches, 3 Forex Bureaus, over 100 Agency banking points, and 30 ATMs, all providing customers with a range of banking products and services, including; Bancassurance, SME loans and Microfinance loans.


More from this Author

Governance experts fault Tonse Govt for appointing Kayuni as PS

Governance experts Victor Chipofya and George Phiri have faulted the Tonse Alliance government for appointing former Director of Public Prosecutions (DPP), Dr. Steven William Kayuni, as Principal Secretary for the Ministry of Homeland Security.

President Chakwera, ITU Secretary General Doreen Bogdan-Martin discuss digital transformation for Malawi

Malawi President Dr. Lazarus McCarthy Chakwera on Monday afternoon held discussions with Secretary General of the International Telecommunication Union (ITU), Ms. Doreen Bogdan-Martin, on how Malawi and ITU can work together to develop information communication technology (ICT) in the country.

Paak Foundation targets 100 underprivileged communities with improved water access

After successfully opening a free tailoring school at Nsaru Trading Centre in Lilongwe, Paak Foundation has now disclosed plans to drill and install a borehole each in 100 underprivileged rural communities across Malawi.