Cavmont deposits soar to K348m
Published On October 22, 2014 » 2289 Views» By Davies M.M Chanda » Business, Stories
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Cavmont bank logo1By KENNEDY MUPESENI? –

CAVMONT Bank Zambia’s deposit base has increased from K278 million to?K348 million in the last one year.
The bank has also recorded 20 per cent growth in terms of customer base.
Cavmont head of marketing and customer service Chilunga Puta-Dunham said the bank had seen more than 20 per cent growth in terms of customer and deposit bases.??Speaking at the media briefing in Lusaka on Tuesday, the bank attributed the growth to the various innovation which it has undertaken.
“Over the last year, Cavmont has seen more than 20 per cent customer and deposit base growth, which has attributed to renewed focus on providing diverse product offering.
“We launched the campaign in August this year to reach out to both existing customers and being responsive to their needs. The campaign reinforces the bank’s commitment to helping individuals and business, no matter the size,” she added?Cavmont Bank has 19 branches located in Lusaka, Chingola, Ndola, and Kitwe Chiliabombwe on the Copperbelt, Mansa, and Mwense in Luapula Province, Kasama, Mbala, and Mpulungu in the Northern Province.
Other branches are in Solwezi, Mufumbwe, North-Western Province and Chipata in Eastern Province.

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