Cabo Delgado: The major headache in banking services in Mueda district

 


                                               Foto: DW

 

Banking situation in Mueda presents numerous challenges

Mueda, a district located in the northern part of Mozambique, in the Cabo Delgado province, plays a strategic role as a center for banking services, serving not only its own population but also the neighboring districts of Muidumbe, Mocímboa da Praia, and Nangade.

Despite its economic importance and significant local financial transactions, the banking situation in Mueda presents numerous challenges that harm the population and limit the region’s development potential.

Currently, Mueda has three banking institutions: BIM, BCI, and ABSA. However, the infrastructure provided by these banks is insufficient to meet the growing demand:

BCI, supposedly the most reliable among the three banks, has three automatic teller machines (ATMs), two for cash withdrawals and one exclusively for balance inquiries. However, service issues affect its efficiency.

ABSA, another bank, provides only one ATM for the entire district, operating in a limited manner as it often runs out of cash on weekends. This forces customers to rely on the presence of bank employees to perform banking transactions.

BIM has two ATMs located in the same space, but one is restricted to balance inquiries. Cash replenishment at these terminals is irregular, especially on weekends, making the bank unreliable.

Another headache, which is a common problem among all banking institutions in Mueda, is the quality of customer service, which is widely criticized. Customers frequently complain about long delays and inefficiencies.

When you go to Mueda to visit one of the banks, you should expect delays in obtaining cards and face long waits, which can last for weeks, or customers may simply give up on the process.

Often, there are situations involving bribery as an alternative to expedite services. There are also difficulties with cash withdrawals, where bank guards are accused of charging up to 200 meticais to facilitate access to ATMs.

Additionally, customers from neighboring districts, like Mocímboa da Praia, often have to sleep on the banks' verandas due to the delays in service. The situation is more critical at the end of the month. (Armando António Bento)

 

 

 

 

 

 

 

 

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