CDSC names Family Bank as central depository agent

Nkoregamba_mwebesa

Central Depository and Settlement Corporation CEO Nkoregamba Mwebesa. NMG PHOTO

Family Bank Limited has been appointed as a Central Depository Agent (CDA) and as a settlement bank by the Central Depository and Settlement Corporation (CDSC), allowing the lender to widen its portfolio of financial services offered to its customers.

The CDSC said on Tuesday that the move is in line with its strategy to increase both physical and digital access points for its services, to enhance access to the market and service delivery.

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