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FAMILY BANK'S PESAMOB

FAMILY BANK HAS UNVEILED A VIRTUAL MOBILE FINANCIAL SERVICE THAT WILL ENABLE CUSTOMERS TO EASILY ACCESS THEIR BANKS THROUGH THEIR MOBILE PHONES SERVICES WITHOUT GOING TO ANY OF THE BANK’S BRANCHES. MANAGING DIRECTOR, FAMILY BANK SAYS THAT PESAMOB IS COST EFFECTIVE AND WILL MITIGATE ON POVERTY EFFECTS. SOME OF THE BANKING SERVICES AVAILABLE IN THE VIRTUAL BANK IS THE ATM SERVICE, TRANSFER OF FUNDS AND ACCESS OF LOANS AMONG OTHERS