Kush Bank opens new branch in Sherikat

JUBA, FEBRUARY 8^th 2023 (SUDANS POST) – Kush Bank, a South Sudanese-owned business company, on Tuesday opened a new branch in Gumbo- Sherikat of Rajaf Payam, Central Equatoria state.

The new branch aims to promote financial inclusion among the South Sudanese and the business fraternity as a whole, according to the bank.

The new branch brought the total number of branches across the country to seven.

The latest branch brings a big relief to the community in Sherikat as now they can access affordable banking services from Kush Bank without the inconvenience of long-distance travel for transactions.

Speaking during the launching ceremony in Sherikat on Wednesday, Mr. Armando Sirolla, the Chairperson of the Board of Directors at Kush Bank, said the new branch brings a big relief to customers living in Sherikat.

“They can access affordable banking services from Kush Bank without the inconvenience of long-distance travel for transactions,” said Sirolla.

Sirolla said the financial institution was determined to contribute to socioeconomic development across the country.

“As one of the leading financial institutions in the country, we see our role as not only bankers or financial related operators but contributors to nation-building.”

He said the Kush Bank’s clients can operate their accounts from anywhere there is a Kush Bank branch, and even more conveniently, through mobile and internet banking.

“You can deposit money at the Sherikat branch and withdraw it in Yambio or other places. For business people, this is very convenient.”

Mr. Mohamd Nur, Deputy CEO of Kush Bank said the bank is developing solutions to support financial inclusion and the government’s efforts to improve the lives of the people of South Sudan.

“The financial solutions and banking products offered by Kush Bank, including fee-free deposits and withdrawals, mobile and internet banking, trade finance, project financing, and much more, are all designed with the South Sudanese in mind,” said Nur.

Nur reaffirmed the bank’s readiness to help customers address their daily financial challenges.

“Kush Bank is committed to Corporate Social Responsibility (CSR) and the advancement of the SDG goals relating to social wellness and the reduction of poverty among the people,” he said.

On December 1, 2022, Kush Bank introduced No-Fee Banking services, making it the first bank to offer free banking deposits and withdrawal services across the country.