News

ABC Bank scooped two awards at the Think Business Awards gala held on 17th May 2019. The Bank was recognized as the winner in the Bank with the lowest charge overall category and the 2nd runners up in the Bank with the lowest charge for individuals category.

Bagging the awards for Bank with the lowest charges three years in a row affirms the Bank’s commitment to offer innovative and affordable financial solutions that meet our customers’ needs.

We thank you for making us champions. Asante sana!

Muchemi

Not all heroes wear capes and certainly Nicholas Muchami, a 45-year old man from Kaganda village, Kiharu, Murang’a County is one of them.

The tall, lean, ashy-haired man of few words does not resemble a character that mirrors one of Marvel’s Avenger franchise heroes, but to the people of his village, Muchami is hailed as the local hero who has made life better for all.

His story, that went viral on social media, narrates how he tirelessly dug a road up a hill for 10 days straight so that the distance between two parts of Kaganda village could be halved.
Armed with a hoe and a ramrod determination to complete his task to construct a 1.5 kilometre road, Muchami dug from dawn to dusk to dig the road up a hill.

“I work as a watchman at a nearby school and I see that people around the area including children have to walk at least four kilometers to get from one point of Kaganda to another. I decided to dig the road to make travelling easier,” said Muchami when he visited ABC Bank’s head office.

Esther Wanjiku, a social activist and a Kaganda native, was joyously unrestrained when the road was completed and this is what drove her to tell Muchami’ s story via social media, a move that has stolen the hearts of Murang’a residents, local, regional and national politicians, businessmen, mainstream media and other Kenyans including the management of ABC Bank.
Esther, who accompanied Muchami for the meeting at ABC Bank, says that road has inspired other residents in the area to take up ownership of challenges they face while at the same time this road has challenged leaders, across the board, to apply themselves in solving issues that affect their constituents.

“Muchami is an inspiration to us all that we do not necessarily have to have money to solve problems,” said Esther. Since the news went viral Muchami has additionally attracted the attention of businesspeople from as far as Kitengela as well as well-wishers who have stepped forward to show appreciation of his work, and this has been helpful.

Muchami has managed to build the road despite numerous challenges including not having a complete house while at the same time, he does menial gigs to supplement his meagre income.
“Some of the problems that I have include an incomplete house. I would appreciate if my home could get electricity. I would be eternally grateful if I had another dairy cow,” added the soft-spoken man.

ABC Bank decided to make his wishes come through. ABC Bank Treasury & Financial Institutions General Manager Philip Wambua pledged, on behalf of the bank, to buy a high yielding ‘grade’ dairy cow and at least six months of feed and livestock insurance.  “In addition to supporting Muchami with his immediate needs we must also provide solutions that are sustainable,” said Philip at the meeting.

ABC Bank will work with Esther to open an account for Muchami with the local milk processors so that he can supply his milk on a daily basis, organize to open a bank account for him, give him financial training and organize extension services to ensure that his cows are healthy, and they can multiply. Bank staff also contributed their own resources to send him back home with an assortment of food and household goods.

statement

ABC Bank notes the fake allegations of money laundering circulating on Social Media. We reject these rumours and the choreographed attack on our Bank as malicious and unfounded. The Bank is fully compliant with CBK regulations and the principles of corporate governance.

We strongly refute allegations made about gaps in our Anti Money Laundering/Know Your Customer (AML/KYC) checks. We are fully committed to adhering to all existing AML/KYC guidelines.

Kayole

On Friday,19th April, ABC Bank staff  had  the pleasure of joining Kayole Children’s home to celebrate Easter before schools reopened. ABC Bank has been supporting the home over the years.

Certificate

On Sunday 7th April 2019, The Visa Oshwal Vanik Community in Kisumu held a Free Eye Camp in the region, at Gagra Secondary School. ABC bank partnered with the team by sponsoring and supporting the activities of the day which included operation of cataracts, provision of reading glasses and prescription of  medication to patients who turned up for eye check ups.

womens day

On  8th March 2019,  ABC BANK marked International Women’s Day by going out to celebrate amazing women who have journeyed with  the Bank over the years and who have been our loyal customers and partners. The ladies were pleasantly surprised and were thankful for the recognition and appreciation.

GMW

On Friday 15th March, ABC Bank hosted 5 ladies from Ngara Girls High School for a job shadow day in celebration of Global Money Week. Global Money Week is an annual financial awareness campaign held in March to inspire children and young people to learn about money matters, livelihoods and entrepreneurship. This year’s Global Money Week theme is “Learn Save Earn”. This is an initiative of Kenya Bankers Association in partnership with Junior Achievers. The girls visited Westlands Branch and some departments in Head Office where they got to learn the roles and functions of different departments.

Mater Heart Run Launch

On Thursday 15th March 2019, ABC Bank donated Sh. 300,000 to the Mater Misericordiae Hospital in support of this year’s Mater Heart Run to be held on Saturday 25th May 2019. ABC Bank Head of Retail Banking, Amanda Corline said that the Bank was glad to be giving back to the community and making a difference in the health sector by partnering in The Mater Heart Run programme as she presented Mater Hospital Governing Council Chair, Prof. Henry Thairu with a dummy cheque in support of The Mater Heart Run 2019.

The Mater Heart Run is aimed at raising funds for the cardiac program. Initially held only in Nairobi, the Heart Run has grown over the years and is now held in nine different towns; Nairobi, Mombasa, Machakos, Mumias, Meru, Kisumu, Nyeri, Eldoret and Nakuru

Eldoret Valentines

Love filled the air on Thursday, 14th February, Valentines day and we were not left behind. What better way to make the day special for our diaspora customers than to surprise their loved ones on their behalf with flowers and gifts right at their door steps. It was a love-filled day and a pleasant reminder to the recipients that no matter the distance, they are always in their loved ones hearts.

Upendo Kids Village Grand Opening

On Saturday, 8th December, ABC Bank staff had the pleasure of joining one of our partners, Mrs Eunice Menja, in the official opening of Upendo Kids’ Village in Kiagojo, Murang’a County. Upendo Children’s Home is a centre for destitute children that was established by a Kenya couple living in the US, Robert and Eunice Menja (our clients). Earlier this year, Upendo Children’s Home moved from Juja, Thika to a more spacious location in Muranga County. Through the relationship with the couple, the Bank has been supporting the home to ensure they enjoy a quality life. It was an emotion-charged day as they marked the milestone of officially opening Upendo Kids Village.

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.