12 January 2013

Eritrea: Housing and Commerce Bank Opens Branch in Nacfa Town

Nacfa — The Housing and Commerce Bank has opened a branch in Nacfa town and launched the service provided as of last Wednesday.

Speaking at the commencement ceremony, Mr. Idris Ali Shiker, Administrator of Nacfa sub-zone, pointed out that the start of bank services would enable the inhabitants of the locality to save time and energy, besides the fact that it would facilitate business activities in the area. He further called on the inhabitants to popularize the norm of saving, and lauded those who collaborated in the process of opening the branch.

Mr. Ibrahim Abrar, in charge of the Housing and Commerce Bank's head, indicated that the Bank has adequately been equipped, and that the role of the inhabitants and the sub-zonal Administration was significant in the process of launching the service.

Mr. Abdullahi Ali, the Bank's manager, disclosed that it would render services pertaining to credit, money transfer and saving accounts.

Copyright © 2013 Shabait.com. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.