FINA Bank is set to install seven more Automated Teller Machines (ATMs) to ease the long queues evident at its banking halls across the country.The country’s leading SME lender has this year installed three mobile ATMs in different locations across Kigali. However, upon the installation of the projected machines, this would bring the total number of ATMs to 22.“With the amazing growth of the Rwandan economy today, the need for efficient financial services has steadily developed but it has to be improved also. Fina Bank aims to partner with businesses and individuals to facilitate this growth, and ensure prosperity for its clients,” FINA Bank’s Head of Marketing, Albert Akimanzi told Business Times. Akimanzi said to realise this objective, it has engaged in innovative ways to help customers achieve their financial goals particularly through the expansion of ATM access.“Fina Bank intends to maintain its expansion plans to reach customers around the country, but also to simultaneously provide value-added services,” he explained.“Mobile ATMs offer convenience to customers and provide banking services well beyond the traditional banking most Rwandans are accustomed to. But with manuals and visual assistance at our ATM’s, the utilisation of these services has become easier.Mobile ATMs are portable teller machines which can be placed anywhere or ferried by a vehicle.Akimanzi explained that the bank has decided to first install the machines shoppers and travellers can be easily accessed. .The lender had other ATMs installed at some of its branches including the main branch Kigali, Remera, Ngoma, Kigali City Market, Nyabugogo, Rubavu, Musanze, Petite Barriere Gisenyi, Karongi, Muhanga, Ruhango.Last year, FINA recorded a 98.9 per cent increase in profits before tax for the year ending 2011, attributing this to cost effective management.Its profit before tax grew from Rwf553 million ($926,298 million) in 2010, to Rwf1.1 billion ($1.8 million), the year ended December 2011.They target to post Rwf1.5 billion ($2.5 million) profits before tax to this year.
