25 Oct 2020


Ivory Bank Opens A Branch In Torit

Ivory bank has on Friday opened a branch in Torit replacing Equity and KCB which closed this year in Eastern Equatoria.

By Peter Lokale

TORIT, 02 December 2017 [Gurtong] – With the opening of the bank the State government has pledged to offer security and a conducive environment to protect the presence of any introduction of private financial institutions in the State.

Speaking during the opening of the bank's branch on Friday, the Deputy Governor, Dr Margaret Itto Leonardo said it is a privilege to the people of Torit to have Ivory bank open a branch in Torit after other financial institutions pulled out from the region following security threats.

She urged the people of Torit particularly the business community to now turn to the bank in keeping their money safe.

Meanwhile, the State Finance Minister, John Ochan Bongomin reminded Ivory bank management to demonstrate and maintain sound financial policies in order to win public trust and confidence.

He strongly registered a special thanks to the management of Ivory bank for having opted to fill the vacuum created.

After the closure of KCB and Equity bank in Torit the only remaining financial institutions that remained operational was the Nile Commercial Bank whose operation is limited as it does not handle hard currencies.

The minister promised to continue engaging the bank of South Sudan to empower the operational capacity of Ivory Bank branch in Torit in order to serve residents satisfactorily.

Ivory bank's General Manager, Bruna Siricio Iro Wani said the bank will do its best to ensure all clients receive good services from the bank.

"We hope to strive to fulfil your needs with time. We know that you will be our loyal customers like other States do. We do not choose to come here in order to pursue profit making but we have a social corporate responsibility," stressed the manager.

Ivory Bank operates in Renk, Upper Nile, Juba, Wau, Aweil, Rumbek, Yambio, Nimule, Bor Jonglei and now Torit.

The General Manager however said that Ivory bank has temporarily closed its branches in Raja, Malakal, Bentiu and Yei due to the on-going insecurity.


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