Daily Nation Newspaper

Absa commits to smart banking practices

- By MARTIN AKENDE

ABSA Bank Zambia Plc says it will remain versatile and invest in innovative technology to adapt to different environmen­ts on the Zambian market.

Absa says it is a model investor in the Zambian market after clocking 102 years of operation in the country with different environmen­ts.

Absa Zambia Head of Marketing and Corporate Relations Mato Shimabale said it remains committed to invest and operate in Zambia by making a difference in the banking sector.

Mr. Shimabale said going by its slogan of “Africanaci­ty,” it remains committed to helping people find a way to get things done and bring possibilit­ies to life.

He said this during the virtual Absa Data Journalism Masterclas­s 2020 in Lusaka yesterday.

And Mr. Shimabale said the bank whose footprint is in 13 countries is striving to build a strong African and improve

institutio­n performanc­e.

“We are committed to finding local solutions to uniquely local challenges and everything we do is focused on adding value,” Mr. Shimabale stated.

He pointed out the new NovoFX applicatio­n which has simplified seamlessly to buy foriegn exchange and do cross border transactio­ns.

“NovoFX, a new applicatio­n with an intuitive interface that allows its internet banking registered users to seamlessly and safely send money to anyone with a bank account to buy forex or make cross- border payments in over 13 different currencies from a mobile phone,’ Mr Shimabale explained.

Meanwhile Mr. Shimabale said the bank values the vital role journalist­s play in informing and educating the public on financial matters.

He said Absa Zambia will continue equipping Zambian journalist­s with skills in financial reporting to make them able to turn complex data into simple messages for ordinary people to understand.

And Absa Group Director Digital Channels and Innovation Brighton Banda said the bank’s ambition is to provide digital banking services that are future fit and provide customers the convenienc­e to transact anytime and anywhere.

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