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Credit Bank Launches Clearing Solutions for Corporate Clients

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Credit Bank Executive Officer- Strategy and Business Development Eric Nyachae. The lender has moved to improve its experience for its corporate clients.
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Credit Bank on Wednesday announced the launch of a service that w*** bring banking services to the **mes of corporate clients.

This solution allows this category of clients to bank cheques from the comfort of their premises.

As cases of COVID-19 cotinue to rise in the country and clients taking their business operations **me, Credit Bank has moved to enhance its online services by providing free online money transfers services thus enhancing the delivery of services.

The lender says the servive w*** include enhancement of limits on their mobile banking platform.

Conversely, the solution allows clients to achieve a higher Straight-Through-Processing (STP), real-time visibility and higher levels of efficiency from payment initiation through to back-end processing.

“We are a***e that businesses and custo**** are in need of additional help, and hence  as Credit Bank  we have opened up virtual video conferencing applications like zoom and skype to be able to meet clientele virtually through their relationship managers,” said Eric Nyachae, Credit Bank Executive Officer- Strategy and Business Development.

“This situation requires constant, careful ha***ing from ins***utions as they seek to re***ure custo****, respond to their concerns, and earn their trust d****g this volatile period,” he added.

Kenya is headed to***ds economic hea***nds based on the current trend as espoused by the McKinsey Report 2020 which projects that Kenya’s projected economic growth could spiral from 5.2 percent, the projected growth after factoring in the current locust invasion to 1.9 percent shaving off Ksh300 b***ion from the country’s economy this financial year

The bank has also reduced transaction costs on their digital platforms and free transactions on PesaLink.

“With the newly launched Clearing Solutions,  our corporates do not need to worry about coming to the bank, they can now process their cheques from the comfort of their premises as well as make all electronic transfers including paying their staff. We are committed to ens****g our custo**** feel supported as we walk this journey together,” added Nyachae.

See Also>>> Co-op Bank Fast Tracks Dividend Payment for its Shareholders

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

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