Tag Archives: Richard Yego

The number of citizens using agent banking services has hit record of 6000  just one year after agent banking  services was introduced, Agent Banking Company of Uganda Chief Executive Officer Richard Yego has disclosed. “commercial banks have reported 40%in cash deposits,withdrawal,school fees payment  transaction volume growth of customers moving from traditional branches to agents. Agents have also facilitated recruitment of ...

International Finance Corporation (IFC) a member of the World Bank has extended $1.9million to Agent Banking Company of Uganda (ABC) to support growth of agent banking services in rural areas. Richard Yego ABC Chief Executive Officer says over two and half years, IFC funds will be used to roll out agent banking network infrastructure and accelerate financial expansion services to ...