Category Archives: news

ABC Bank supports Don Bosco Catholic Parish-30th January, 2017

ABC Bank supported the Salessians of Don Bosco-Upper Hill during its recent ‘solemn transfer of the relic of St. John Bosco to the Shrine of Mary help of Christians’.

The bank’s donation of Sh100,000, given through the Industrial Area branch, was an affirmation of the value it attaches to relationships with clients, and is part of the continuous community relations initiatives.

ABC Bank sponsors bright and needy student – 16th January, 2017

ABC Bank has came to the aid of a bright student who was a top performer in the 2016 KCPE to enable her join high school.

Evelyn Mugure was admitted to Karima Girls High, a national school, but could not raise the fees to join the school to pursue her academic dream. ABC Bank stepped in and supported her financially to put her on the path to her dream.

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Lucy Wariara (left) presents the cheque to Mugure as her mother looks on.

While presenting the cheque to Mugure, ABC Bank Head of HR Lucy Wariara encouraged her to be resilient and to conquer the challenges ahead in order to excel and live the life she aspires to.

The donation is in line with the Bank’s corporate social responsibility policy which focuses on among other areas, educational development of needy yet bright students to empower them achieve the extra-ordinary.

ABC Bank sponsors Hindu Kite Festival – 15th January, 2017

The Kite Festival (Uttarayan) is a Hindu celebration which marks the beginning of summer, according to the Indian calendar. It is a signal to farmers that the sun is back and that harvest season is approaching. This day is considered one of the most important harvest days in India, and communities organize kite competitions to celebrate.

ABC Bank sponsored this year’s Kite Festival held in Kisumu on Sunday 15th. The bank joined the local Hindu community in the celebrations and utilized the opportunity to appreciate them for their business support.

 Mr. Raj Arora, ABC Bank's chief credit officer, presents an award during the event as Mr. Douglas Okiring' ABC Bank Kisumu Branch manager looks on.

Mr. Raj Arora, ABC Bank’s chief credit officer, presents an award during the event as Mr. Douglas Okiring’ ABC Bank Kisumu Branch manager looks on.

Mr. Raj Arora, ABC Bank's chief credit officer, gives a speech during the Hindu Kite Festival in Kisumu on Sunday.

Mr. Raj Arora, ABC Bank’s chief credit officer, gives a speech during the Hindu Kite Festival in Kisumu on Sunday.

 

Spreading the love at Upendo Children’s Home – 7th January, 2017

Upendo Children’s Home was founded 10 years ago by a Kenyan couple residing in USA with an aim to provide shelter for the street children, orphans and the homeless.

The Diaspora Banking team led other ABC Bank staff in a visit to Upendo Children’s Home on Saturday, 7th January 2017 and started their year with a bang and lots of goodies!

The smiles tell it all!

Joseph Waithaka, Head of Diaspora Banking (center) presents food stuffs to Eunice Menja (3rd left), the founder of the Upendo Children's home as ABC Bank staff look on.

Joseph Waithaka, Head of Diaspora Banking (center) presents food stuffs to Eunice Menja (3rd left), the founder of the Upendo Children’s home as ABC Bank staff look on.

 

Upendo Children Home kids entertain the ABC Bank staff and friends.

Upendo Children Home kids entertain the ABC Bank staff and friends.

Auto Draft 7th January 2017

Upendo Children’s Home was founded 10 years ago by a Kenyan couple residing in USA with an aim to provide shelter for the street children, orphans and the homeless.

The Diaspora Banking team led other ABC Bank staff in a visit to Upendo Children’s Home on Saturday, 7th January 2017 and started their year with a bang and lots of goodies!

The smiles tell it all!

Joseph Waithaka, Head of Diaspora Banking (center) presents food stuffs to Eunice Menja (3rd left), the founder of the Upendo Children's home as ABC Bank staff look on.

Joseph Waithaka, Head of Diaspora Banking (center) presents food stuffs to Eunice Menja (3rd left), the founder of the Upendo Children’s home as ABC Bank staff look on.

 

Upendo Children Home kids entertain the ABC Bank staff and friends.

Upendo Children Home kids entertain the ABC Bank staff and friends.

ABC Bank supports improvement of Catholic Church health facilities

14th January 2016: ABC Bank has donated Sh.250,000 in support of health facilities under the Catholic. Presenting the donation to the Kenya Conference of Catholic Bishops, Head of Retail Banking Amanda Corline said the bank is committed to plugging the gap in health care by supplementing the public sector efforts by partnering with the private sector.

The funds will go towards the improvement of health facilities under the Catholic Church.

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ABC Bank Head of Retail Banking Amanda Corline presents the Sh. 250,000 cheque to KCCB’s Bishops Paul Kariuki (centre) and Anthony Ireri at Waumini House, Westlands in Nairobi.

ABC Bank wins Think Business Product Innovation Award

ABC Bank trounced the large pack of entries in this year’s Think Business Awards to emerge 1st Runners Up in the Best Bank in Product Innovation category. The award winning product was the electronic Warehouse Receipt Financing solution the bank introduced in March in partnership with East Africa Exchange (EAX).

ABC Bank’s Head of SME Banking Lee Gachomba (centre) and Card Centre Manager Dominic Muriithi receive the award during the ceremony.

The solution enables farmers protect their produce against storage-related damage and negotiate for better prices.

We’re glad that our efforts to develop revolutionary products are being recognized by industry experts. This award signifies the strength of our business, the efforts of our staff and most importantly, the continued support from our customers.

ABC Bank in Kshs.700milllion AMACEA Project Funding

ABC Bank has financed a Ksh. 700 m construction project by AMECEA (Association of Member Episcopal Conferences in Eastern Africa) in the up-market Lavington area of Nairobi. The ground breaking ceremony was held on 26th May.

ABC Bank Group CEO Sridhar Natarajan and Group General Manager Peter Kinyanjui attended the ground breaking ceremony. “Through this financing agreement, we are reaffirming our commitment to support our customers’ aspirations. As you all know our vision is to enable you achieve the extra ordinary, and I believe what we are witnessing here today is beyond the ordinary”, said the Group CEO during the ceremony.

The new property will be located in Nairobi’s up market, Lavington area. Once complete the property will house a shopping mall, furnished apartments and offices. This is expected to plug the gap in the property market demand.

AMECEA is an institution of the Catholic Church in Eastern Africa, which exists to empower the society financially, alleviate poverty and support sustainable development in the region. This construction project will create a sustainable revenue stream to enable the organization fulfill its mandate.

Similarly, ABC Bank’s strategy is anchored on a commitment to contributing to the improvement of livelihoods of Kenyans. To achieve this, the bank continues to seek collaborations with like-minded institutions to support initiatives that will advance that objective.