MyBucks Banking Corporation Introduces New Enhancements for Civil Servants

Malawi- MyBucks Banking Corporation, one of the commercial banks in the country, has announced new enhancements aimed at improving the banking experience for civil servants, writes Moses Nyirenda.

The bank's new services include improved loan disbursement and loan roll-overs for customers who have successfully paid back more than six months of their instalments.

Zeyn Ali, MyBucks’ Head of the Department for Microfinance, expressed his commitment 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. The new enhancements provide them with additional financial flexibility," Ali said.

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

One of the civil servants, Grace Banda, praised 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 come after the Reserve Bank of Malawi recently approved the acquisition of 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, three forex bureaux, over 100 agency banking points, and 30 ATMs, all of which provide customers with a range of banking products and services, including bancassurance, SME loans, and microfinance loans.