UBA Senegal
recently signed a MoU with the National Union of Merchants of Senegal to provide
E-banking and Retail Products to the Union.
L-R: Idy Thian, President, UNACOIS and MD, UBA Senegal, Amie Sow at the signing ceremony
The National Union
of Merchants of Senegal, which is the most powerful professional organization
in the country, has about 70, 000 members drawn from various sectors of the
economy.
The MoU covers the
issuance of 10, 000 co-branded cards on a pilot phase to the members of the
Union with the provision of a further 10,000 cards based on the success of the
pilot phase.
The partnership
will see the opening of savings accounts for every member of the union, with a
target of having 30,000 accounts opened by end of 2015.
The Union will
become UBA’s sub-agent on WUI, MGI, RIA and AFRICASH operating from the 25
offices of the Union throughout the country. Members of the Union will use the
AFRICASH platform for all remittances throughout Africa.
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