By MILDRED KATONGO –

WORKERS Compensation Fund Control Board (WCFCB) has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank aimed at providing financial solutions to employees.
Standard Chartered Bank head of client acquisitions Kaumba Kapaku said during the signing ceremony held at the Trade Fair grounds in Ndola that the MOU would enable WCFCB employee’s access personal financial services at cheaper rates.
Mr Kapaku said the institution’s employee banking solutions included cheaper mortgages, higher personal loan amounts, higher auto loans and more convenient salary accounts.
“The employee banking partnership between Standard Chartered bank and WCFCB will deepen our corporate banking relationship and enable employees of the board access financial services at cheaper rates,” he said.
He said that such employee facilities confirmed the bank’s promise that it was a financial lending institution with a heart for employees.
WCFCB commissioner Elizabeth Nkumbula said Standard Chartered bank’s provision of suitable financial services to their employees would strengthen and help employee’s access cheaper financial services.
Dr Nkumbula said WCFCB would continue to work together with Standard Chartered Bank and ensure that the MOU signed was implemented.
She assured the Bank that WCFCB would do whatever to provide a successful implementation of the MOU.
Dr Nkumbula commended the financial institution for coming on board to provide suitable financial services to their employees.