ATLAS MARA PROJECTS K4.8BN AGENT TRANSACTIONSBy BUUMBA CHIMBULUOVER K4.8 billion is expected to be transacted through the Atlas Mara Agent banking by September next year, as the institution breaks down barriers of entry to formal financial services.Atlas Mara has therefore launched Tenga Express Agent Banking which will enhance access to the bank’s financial services by increasing the points at which customers can make transactions.This product is as a result of partnerships with the Rural Finance Extension Programme (RUFEP), Zambia Postal Services Limited (ZAMPOST) and Tenga Express Agents.Atlas Mara Chief Executive Officer, James Koni, is confident that Tenga Expeess will create access to basic financial services for all regardless of level of income.“This banking at community level will further improve trust and confidence in banking and increase the uptake of banking products such and investments and savings.“This will also breakdown barriers of entry to formal banking,” Mr Koni said yesterday in Lusaka during the launch of […]