Speaking at the function, Crane bank managing director A K Kalan, said they will open two more branches in Busia and Ibanda before the year ends. By opening up more branches, Kalan explained that the bank had brought services and convenience closer to its customers.
"We don't want people to look for banking services; they should have them closer," he said.
The Bugolobi branch, located opposite the market, has five teller counters that officials said should be enough to serve their customers who include traders from the market, other retail businesses flourishing in the township and industries from the nearby industrial area. It also has an ATM point.
Like many other Kampala suburbs, Bugolobi has transformed from a previously affluent residential area to a busy shopping and entertainment zone. There are several new office and commercial buildings, which include the magnificent Village Mall near Shell, Bugolobi.
Meanwhile, Crane bank also won Bank of the Year for 2013 accolade for the eighth time. The award is accorded by the Financial Times, an influential London-based business publication. Kalan said the award shows Crane bank staff are committed to serve customers efficiently.