Empower Bank Opens In Bulawayo, Pledges Non-Collateral Loans To Youths

Empower Bank yesterday officially opened its first Bulawayo branch.

In his official opening remarks, Empower Bank board chairman Raymond Njanike said the bank will offer $50 000 non-collateral loans to youths who will approach the bank on a first come first serve basis. Said Njanike:

We are making a pledge of $50 000 for Bulawayo youths to come on a first come first serve to get the money, to borrow the money but with a viable project. No collateral. The $50 000 is the money that we have given to Bulawayo

Njanike said the bank has various flexible collateral measures in place.

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