Last Saturday, Rokel Commercial Bank launched the mobile banking service, SIM KORPOR, at their Congo Cross branch in Freetown, Sierra Leone. Our CEO, Andrew Otiko, gave a speech at the event on how the local community can benefit from SIM KORPOR, stating, "I believe in providing opportunities to be successful regardless of class, gender, income potential, location and literacy. Success can be argued to be a function of time which is what SIM Korpor gives you. Imagine the quality of health care for patients when doctors and nurses are not faced with traffic to get to banking halls and then queues at these banks for simple transactions."
Customers without the required documents will also be able to open an account with a certain threshold which can later be turned into an account with regular benefits once the customer has all the required documentation. The bank is teaming up with agents, who can cash out and receive payments for merchants, who can then buy goods with their phone. This service will ease the burdens of making transactions, saving customers travel time and waiting in queues at the bank. Find out more information on Rokel’s website: https://rokelbank.sl/