BUSINESS

Credit Bank Named Top Tier III Lender

Share
Share

Credit Bank Plc has been named best Tier 3 Bank, 2020, according to a new customer survey.

The Customer Satisfaction Survey, conducted by the Kenya Bankers Association (KBA) during the pandemic, gauged Kenyan banks’ adoption of digital banking. 

For the third year running, Credit Bank received recognition as the Best in Customer Responsiveness and Digital Experience. 

Judith Wanjala, Credit Bank’s Customer Experience Manager, expressed the bank’s appreciation to its customers for the vote of confidence in Credit Bank despite the difficult operating environment occasioned by the pandemic. 

“Customers are increasingly seeking convenience in the way they carry out personal and business transactions, and because our focus is on quality and digital innovation, the bank continues to invest heavily in digitization. We look forward to a bright future together with our customers.”                                                                        

The survey, which obtained feedback from over 15,000 respondents, showed that most bank clients preferred the use of fully automated platforms while accessing banking services with 43% of respondents opting for mobile and internet banking, and more than 70% citing convenience and efficiency as their main interest. 

READ>>>>>Credit Bank Launches Clearing Solutions for Corporate Clients

Banks had to re-orient and reframe their customer offerings in line with the requirements of the new Covid-19 context, with investments in digital banking becoming a game-changer. 

Recent ventures by Credit Bank such as revamping the mobile banking app “CB Konnect” have enabled customers to transact from anywhere, with numerous value additions like applying for Bid Bonds on the app as well as Instant Insurance purchase. 

Internet Banking and Agency Banking which serve up to 90% of the bank’s customers have ensured self-sufficiency on the client’s side.

The bank continuously seeks to adhere to effective social & environmental management practices in all its banking activities, products, and services.    

READ>>>>>Keep Our Loans Secret – Banks Urge CBK Over Investor Fears

 

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Limuru tea shares
BUSINESSSTOCKS

NSE Lists Additional Williamson, Kapchorua Shares: The Game Plan

NSE (Nairobi Securities Exchange) has announced the admission of additional ordinary shares...

Food Prices had a mixed movement in October
BUSINESSECONOMYFEATURED STORY

Kenya Monthly Inflation Rate Up 0.2% in October

Kenya Consumer Price Index(CPI), which measures change over time in retail prices...

KenGen has been a target of speculative activity at the NSE
BUSINESSECONOMYFEATURED STORYMARKETSNEWSSTOCKS

KenGen Records an End-Year Net Profit of 10.5 Bn

KenGen (Kenya Electricity Generating Company), the state-owned listed power generator has posted...

Equity Bank CEO Centre Dr James Mwangi with other top bank officials during the Q3 Results Briefing
BUSINESSFEATURED STORYNEWS

Equity Group Third Quarter Net Earnings Up 32% to KSh 54.1 Bn

Equity Group Holdings Plc net earnings for the period ended 30th September...