Regional Network
In January 2009, Global Trust Bank announced plans to expand operations into the neighboring countries of Burundi, Rwanda and Southern Sudan. In November 2009, the bank announced that it would pivot its focus towards small and medium enterprises (SMEs), using Internet-based and mobile-phone platforms. A reduction in the number of branches is underway, but the list of closed branches has not been released. In May 2011, the bank joned Bankcom network, a bank switch system that connects the ATMs of member banks. Global Trust Bank is the eighth (8th) Ugandan commercial bank to join the Bankcom switch.
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Famous quotes containing the word network:
“How have I been able to live so long outside Nature without identifying myself with it? Everything lives, moves, everything corresponds; the magnetic rays, emanating either from myself or from others, cross the limitless chain of created things unimpeded; it is a transparent network that covers the world, and its slender threads communicate themselves by degrees to the planets and stars. Captive now upon earth, I commune with the chorus of the stars who share in my joys and sorrows.”
—Gérard De Nerval (1808–1855)