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Saturday, July 13, 2024

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    One of the newest banks on the financial services landscape, Centenary Bank, has expressed firm interest to help government in implementing the Agriculture, Tourism and Mining (ATM) Strategy, which is positioned to accelerate the country’s socioeconomic growth.

    During an interface with President Lazarus Chakwera on Monday, the bank outlined how it wants to collaborate in financing and provision of technical expertise across the three key sectors.

    Formerly known as MyBucks, Centenary Bank Limited, is co – owned by the Catholic Archdiocese of Lilongwe and the Centenary Rural Development Group of Uganda.

    In his remarks, President Chakwera praised the institution for working towards empowering women and youth, so that they play an active role in the economic development of the country.

    Speaking earlier, leader of the delegation Bishop Desmond Tambala said their mission is to empower the Malawian society in order for it to contribute positively to the social and economic development that the country needs.

    He explained that the Catholic Archdiocese of Lilongwe decided to acquire a stake in Centenary Bank in order to serve Malawians and not to enrich themselves.

    Tambala who emphasized that integrity is at the centre of the bank, said their mission is to empower Small and Medium Enterprises (SME’s) as well as small scale agriculture farmers in rural areas to transform their lives economically.

    Taking his turn, Centenary Bank Board Chairperson said their aim is to grow into a big financial institution.

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