News

COG

2nd November, 2018: ABC Bank bagged the Finance and Investments – 1st runners up award during the 2018 Champions of Governance (CoG) awards organized by the Institute of Certified Secretaries held at the Radisson Blu Hotel.

The awards seek to embed good governance practices that transform institutions and inspire professionals in order to be the premier centre of excellence in governance promotion and development in Africa. The awards affirm the Bank’s commitment in implementing and complying with principles of good governance of responsibility, accountability, fairness and transparency.

Thank you for making us champions yet again.

Car Importers Dinner

ABC Bank in conjunction with the Car Importers Association of Kenya hosted car importers for a dinner on Thursday, 25th October 2018 in Mombasa. The ABC Bank team had an interactive evening networking with car importers  and shared tips on how they can take advantage of the best prices in international currencies and the recently revamped ABC foreign exchange value proposition to car importers.

Cluster Foundation (2

ABC Bank has been supporting The Cluster Foundation, a charity organization that provides assistance and support to people with spinal cord injury commonly known as paraplegics since 2012. The Bank once again joined hands with TCF in supporting the cause by donating newspapers.

CS Week Cake

ABC Bank joined the world in marking this year’s Customer Service Week by celebrating its relationship with customers in all its branches. The Bank engaged customers and staff in a variety of exciting activities as part of it’s efforts in embracing this year’s Customer Service Week theme of “Sustaining Customer Experience Excellence”.

The annual week-long event was marked from 1st to 5th October. This is an international celebration of the importance of customer service and of the people who serve and support customers on a daily basis. Locally, the event is coordinated by the Institute of Customer Service of Kenya.

The week was filled with with pomp and glamour for both external and internal customers where customers enjoyed goodies and fun-filled games in our branches. The Bank took the opportunity to celebrate its customers and appreciate them for journeying with us and for their support over the years.

On Saturday 29th September, the Bank team was flying our blue flag high at Inter-bank games at the Kenya School of Monetary Studies (KSMS). Accompanied by an energy filled cheering squad that brought the oomph to the games, the team made us proud.

The Bank, for the third time, sponsored Rabai constituency with 150 footballs in aid of the annual Football tournament that brings together the Rabai community. Rabai MP, Hon. William Kamoti was presented with the footballs by the Mombasa Branch team led by Branch Manager David Ndua.

ABC Bank has partnered with our client, St Theresa Mission Hospital – Kiirua, over the years in initiatives aimed at providing quality and sustainable health services to all. Most recently, the Bank sponsored a medical camp organized by St. Theresa Mission Hospital – Kiirua. The hospital conducted free orthopedic surgeries from 24th to 28th September 2018 to help patients  with orthopedic problems who can’t afford implants. To achieve this, the hospital organized a 20 km charity walk on Saturday, 1st September in Meru town. ABC Meru staff participated in the event to support the cause.

PCEA Zimmerman

On Sunday 28th August, it was church unusual for the congregation at PCEA Zimmerman. In addition to stretching their spiritual muscles, they were stretching their physical muscles at the Kasarani Safaricom Sports Stadium. It was a day of fun and games as they competed in football, volleyball and netball. The Bank sponsored the event and our staff led by TRM Branch Manager, Joseph Maigwa, presented the winning teams with their trophies.

UK Tour

12th August 2018: Our Diaspora team visited the UK from 4th to 12th August 2018. ABC Bank Head of Diaspora Banking, Joseph Waithaka was accompanied by a team from Username Investments. The team held road shows and meet and greet among other activities in Reading, Oxford and Basingstoke in the United Kingdom. It was an eventful tour and Kenyanscame out in droves to discuss partnerships and investment opportunities back home

Allamano Quiz Night

ABC Bank sponsored a charity quiz night organized by Consolata Shrine  held on 27th July 2018 at the Tav Irish Pub and Eatery. The Quiz Night was aimed at raising funds for their project, Allamano Centre named after the founding father of the Consolata Missionaries, Blessed Joseph Allamano. The funds will be used to expand their multi functional spaces that will serve the community across many generations, e.g meeting rooms, theaters, cafeteria, parking, chapel, accommodation of sisters  and church workers among others.

The Bank is committed to contributing towards transformation of the society in which it operates by supporting community events and initiatives that create a positive impact to the and contributes to the well-being of community members.

Meru CSR

The greatness of a community is most accurately measured by the compassionate actions of its members. Our ABC Meru team have been out and about making a difference in Meru town Their first stop was at SOS Children’s Home on Wednesday, 18th July where they gave a donation to go toward educating the needy children at the Home. The next stop was at Furaha Centre for Exceptional Children on Thursday 19th July, where they bought branded T-shirts as part of the Corporate sponsorship for the “Walk or Wheel with Me 2018 Walk” to be held on 4th August in Meru town.

Our commitment to foster togetherness in the community through Corporate Social Responsibility continues on. We believe in strength in unity and empowering community members to be extraordinary.

US Diaspora Tour

ABC Bank Diaspora team was back in the US for a week-long tour in June. Our Head of Diaspora Banking, Joseph Waithaka participated in the Kenya USA Diaspora Sacco AGM which is one of the largest events that brings Kenyans living in the diaspora together to connect and discuss on investment opportunities back home.

The team visited various states in the US in an effort to reach more Kenyans living in the diaspora. The tour was part of the Bank’s plan for Diaspora engagement and partnership-building to leverage the business opportunities both in the US and in Kenya that the Diaspora Community can benefit from.

Monday 9th July 2018: Kenya Bankers Association has given the following guidelines on Over The Counter Cash transactions effective Sunday, 1st July 2018:

Cash transactions of Kes 1 million ( or equivalent in foreign currency) and above will be subject to various levels of approval by the Bank. The cash transaction limits are daily limits, and not only limits per transaction.

For cash transactions equal to or above Kes 10 Million, you will be required to give a three-day written notice of the intention to transact to the Branch Manager, giving the following information:

Source of funds (with supporting evidence) for deposit transactions
For withdrawal transactions: for what purpose are the funds being used?
Why RTGS cannot be used
ID/Passport copies of person to make the cash transaction
ID/Passport copies of all payees/beneficiaries
You will be required to provide the above information by filling and duly signing the Large Cash Declaration Form which will be available at the Branch.

These guidelines are to be applied alongside the existing Central Bank Prudential Guidelines and provisions of the Proceeds Of Crime and Anti-Money Laundering Act/Combating the Financing of Terrorism (POCAMLA/CFT) regulations.

NB: Excise duty on mobile transfer fees will also increase from 10% to 12%.

For more information or clarification, please visit any of our branches countrywide, talk2us@abcthebank.com or call us on 0701 700 700.

Sickle Cell Walk

Saturday, 30th June 2018: ABC Bank sponsored the World Sickle Cell Day 5 Km Walk organized by the Community Information Network (CIN) with a donation of Kes 100,000 . The event was held on Saturday 30th June 2018 at Kenya Society of the Blind and ABC Bank staff turned up to show their support.

Community Information Network (CIN) organized the walk to help build awareness on Sickle Cell Disease in Kenya and supporting those who are affected. World Sickle Cell Day is celebrated annually on 19th June every year.

Musalia Fund

Tuesday 3rd July 2018: ABC Bank sponsored Itando Mission of Hope Girls Orphanage, an initiative run by The Mudavadi Memorial Foundation Trust Fund (MMFTF), with a donation of Ksh 100,000. ABC Westlands Branch Manager, Mr Paul Gatonye, presented the cheque to Tessie Musalia, one of the co-founders of the Foundation. “We are glad to be part of the team building the nation and changing lives,” said Paul.

Itando Children’s Home was established as an initiative by The Mudavadi Memorial Foundation Trust Fund (MMFTF) after seeing the plight of children who had been orphaned mainly due to the effect of HIV/Aids.The goal of the foundation is to transform the orphanage into a Centre of Excellence where the children shall be mentored and nurtured into role models, and, establish a centre within where the youth from the community shall be taught life skills.

ABC Bank has supported initiatives in the education sector over the years as our continued commitment in supporting and giving back to the community.

June 20th, 2018: ABC Bank Diaspora team is back in the US for a week-long tour from 22nd June to 2nd July, 2018. After a successful tour in May 2017, where we were able to connect with many Kenyans living in various states in the US and build long lasting partnerships, the ABC team will be touring more states this year in an effort to reach more Kenyans living in the diaspora.

The tour is part of ABC Bank’s plan for Diaspora engagement and partnership-building to leverage the business opportunities both in the US and in Kenya that the Diaspora Community can benefit from. During the trip, the team will tour Dallas-Texas, Houston-Texas, and Seattle, Washington.

ABC Bank Head of Diaspora Banking, Joseph Waithaka will be accompanied by a team from Username Investments and Kenya USA Diaspora Sacco. The team will attend the Kenya USA Diaspora Sacco AGM, hold road shows and meet and greet among other activities.

ABC Bank prides itself in providing distinguished financial service to Kenyans in the Diaspora, such as remittances,investments, insurance & risk mangement, shares & bonds trading as wells as professional investment advice to customers to enable them make informed investment decisions and enlighten them on the best investment opportunities available in Kenya.

Additionally, ABC Bank has a wide range of international money transfer services that customers can use to conveniently and securely send funds to their loved ones back in Kenya. Our award-winning Internet Banking service and user-friendly iOS and Android App which offer customers a borderless, seamless and convenient banking experience; secure local and international account-to-account transfers, mobile transfers and much more. It literally makes you your own bank teller, using PC, mobile or tablet.

For more details contact:
Joseph Waithaka
Email: joseph.waithaka@abcthebank.com
Whatsapp: + 254 701 303 731

AIC Cure Sponsorship

Thursday 31st May: ABC Bank has sponsored AIC Kijabe Hospital with a donation of Sh 250,000 for a fundraising dinner.

Head of Retail Banking Amanda Corline presented the cheque to AIC Cure’s Grant Consultant Jacqueline Kyalo at the Bank’s Head Office in Westlands.

The hospital is organizing the fundraising dinner for their 20th Anniversary celebrations & fundraising dinner for the children living with disability to be held on Friday, 27th July 2018. AIC Cure’s mission is to provide access to quality health care and bring physical, emotional and spiritual restoration to the children and families

ABC Bank has partnered with AIC Cure on various health initiatives such as AIC Kijabe Hospital Cancer Run that was aimed at supporting their oncology unit that focuses on diagnosis and treatment of cancer.

Banking awards

11th May, 2018: ABC Bank had a double victory during the 2018 Banking Awards gala organised by Think Business held at Radisson Blu Hotel

The Bank was awarded:

2nd Runners-Up – The Most Customer-centric bank

2nd Runners-Up – Bank with the Lowest Charges for Individuals

The awards affirm the Bank’s commitment to uphold our core value of customer centricity where we strive to be an understanding, friendly, flexible and reliable bank in meeting our customer needs.

ABC Bank is dedicated to creating relationships with our customers and journeying with each client in their individual pursuits by having a dedicated team and tailor-made financial solutions at affordable rates to meet our customer’s unique needs

We thank you for your support. Your success is our success. Asante sana!

 

On Monday, 7th May 2018, HR Manager Julius Muhia presented a school fees cheque to Evalyne Mugure, a form two student at Karima Girls in Kinangop, Nyandarua County.  ABC Bank has put initiatives to empower communities through education as a way of giving back to the society. In the words of Nelson Mandela, “Education is the most powerful weapon which you can use to change the world.”

 

On Saturday, 28th April, ABC Bank a.k.a Friends Of Kayole (FOK) visited Kayole Children’s Home and surprised them with “Back to School” goodies.

ABC Bank has over the years supported Kayole Children’s Home, led by our selfless Audit team, through various initiatives such as quarterly visits, donating food stuffs and toiletries, paying school fees for some of the students and spending time with them.

The staff cooked for the children, danced and played games with them. They wrapped it up by presenting the children with Back-to-School hampers for each student and foodstuff and toiletries for the home.

ABC Bank General Manager - Treasury and Financial Institutions Philip Wambua (right) presents a dummy cheque to Sister Brigid Marnane (left) of Mater Hospital in support of The Mater Heart Run 2018

 

On Thursday, 19th April 2018 ABC Bank donated Sh. 500,000 to the Mater Misericordiae Hospital in support of this year’s Mater Heart Run to be held on Saturday 26th May 2018 at the Nyayo National Stadium.

ABC Bank has supported The Mater Heart Run over the years as our continued commitment to investing in the health sector as a way of giving back to the community.

Since the Mater Cardiac Program started in 1996, the program has benefited over 3000 children to date. Majority of the beneficiaries are Kenyan children from all over the country; however children from Uganda, Tanzania, Ethiopia, Malawi and Zambia have also benefited from the fund.

ABC Bank is back at it again for the Diaspora people. If you thought surprising your loved ones back at home on Valentines day courtesy of ABC bank was huge, then you haven’t had the best of ABC Bank yet. Here is a great opportunity for all ABC Bank Diaspora clients to win a return ticket back home among other great prizes to be won.

All you have to do is provide us with both your details and those of your fellow Diaspora loved ones through the link provided below. Try it and you could be the lucky winner of a return ticket back home, a shopping voucher, have your rent paid among many other prizes to be won.

ABC BANK REFER & WIN CONTEST

On Saturday 7th April, poets in Kisumu took their best rhythm and flows to the East Africa Poetic Challenge held at Acacia Premier Hotel.

ABC Bank participated in the event and some of our Kisumu branch staff attended the event. Willy Oeba, the winner of the challenge, was presented with a cheque by Kisumu Deputy Governor Dr. Mathews Owili