CALABAR – Prof. James Epoke, the Vice-Chancellor of University of Calabar on Saturday inaugurated the first customised Automated Teller Machine (ATM) in Akpabuyo local government area of Cross River.
Inaugurating the machine, he promised that the bank would open more branches in local government areas across the state.
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Epoke, who is also the Board Chairman of the Microfinance Bank in University of Calabar, said: “opening more before the end of this financial year will be in line with the expansion plan of the bank.
“This is to enable more micro, small and medium scale business operators avail themselves of the high quality and diverse banking services of the bank.
“The upgrading of our banking infrastructure has enabled us to offer e-banking services and also created open doors in terms of diverse business opportunities’’.
In his response, Mr John Owan, the Managing Director of the bank, said the inauguration would bring banking services closer to the people.
He said that the bank would also enhance the economic well being of the people.
Mr Effiong Etim, the Youth Leader of the area, commended the management of the university for bringing banking services closer to the people.
A cross section of youths in the area who spoke to the News Agency of Nigeria (NAN) on the development also commended the university for the initiative.(NAN)
