In this day of social distance, love knows no boundaries. We went the extra mile on Valentines Day by helping customers in the Diaspora to spread love to their family and friends. It’s been a tough time and most of them did not get to see their loved ones due to travel restrictions. ABC Bank bridged the gap by buying Valentines gifts on behalf of our customers and delivering them to their loved ones.
They were all really overjoyed and touched with the heartfelt gesture of love. At ABC Bank, we strive to serve our customers and help them achieve the extraordinary through the small gestures of delivering valentines gifts to meeting our customers’ financial needs.
ABC Bank sponsored the Jaramogi Oginga Odinga Memorial Golf Tournament that was held on Saturday, 30th January, 2021 at Nyanza Club – Kisumu. The event was aimed at celebrating the life of the late Jaramogi Oginga Odinga and commemorating his 27th death anniversary.
The theme of this year’s memorial golfing event was Building Bridges. The tournament served as an opportunity to bring together people from diverse sectors in a competitive event for all handicapped golfers whilst also facilitating discussions, linkages, enjoyment and promote peace in the country.
ABC Bank is honored to participate in community activities that support bringing together people and promoting unity.
Have you ever wondered which account is most suitable for your financial needs? Well, we have the Key Facts Document that outlines all the features, benefits and charges of our various products to help you decide what product or service best suits you. The document breaks down all the information a customer needs to know when signing up for our products and/or services.
Did you know it’s very easy to get any information you want about the Bank, transacting or even your account at the click of a button? We have the Frequently Asked Questions section on the website under Resources that answers all your banking questions. We have compiled a list of common questions from our customers to make it easier for you to be informed. No need to get stranded or have to remember all our branch opening hours; find answers to all your questions in one place.
On 24th December, ABC Bank staff visited Kayole Children’s Home to deliver the Bank’s Christmas gift to the children. ABC Bank has been supporting the Children’s Home for many years and as per our Christmas tradition, we wrapped the year sharing the Christmas spirit of love and sharing with a Christmas blessing to the children including 2 goats because Christmas is not complete without ‘mbuzi’.
ABC Insurance Brokers has announced a partnership with Prudential Insurance to offer their customers the ABC Kwaheri Plan, a life insurance cover payable in the event of death to cater for burial expenses. This product is unique in its scope of coverage, allowing policy holders to cover up to 10 family members including parents-in-law. The policy is affordable starting from as little as Kshs 2,500 per year. This product is designed to be convenient and affordable so that the insured member can enjoy peace of mind during these uncertain times.
ABC Kwaheri Plan is part of a unique bouquet of affordable, accessible insurance products offered by the brokerage firm. ABC Insurance Brokers is part of the ABC Bank & Group which has a keen focus on diaspora banking to ensure that they offer their diaspora customers a bouquet of services that meet all their financial needs ranging from savings, investments, insurance among others. The Kwaheri Plan caters for unforeseen bumps in the road of life e.g. death of family members in Kenya or the repatriation of a loved one who passes on outside the country. Being in the diaspora especially and having to plan to travel on a whim, might make a difficult situation more overwhelming with the additional costs.
“ABC Bank & Group aspires to be a one stop shop for all our customers’ financial needs to give a holistic customer experience banking with us. We are proud to partner with Prudential to offer our customers a life cover that will ensure they have peace of mind especially during turbulent times such as we are in now, facing the Covid pandemic. The ABC Kwaheri Plan is a unique solution offering an affordable insurance cover and access to professional insurance advisory,” said ABC Bank Group Managing Director, Shamaz Savani.
“Prudential is delighted to partner with ABC Bank to provide insurance solutions which help customers get the most out of life and provide peace of mind during these uncertain times,” said Prudential Kenya CEO, Raxit Soni.
The ABC Kwaheri Insurance Plan is a great additional offer for any customer who would like to secure their loved ones future.
On the 16th of December, the Bank donated old newspapers to (TCF) to go towards the support of people living with spinal cord injury.
The Cluster Foundation (TCF) is a hub of hope for the persons with spinal cord injury, also known as paraplegics. Established in 2008 with the objective of restoring hope and rekindling zest in the lives of paraplegics, TCF has been the main beneficiary of the Bank’s old newspapers since year 2012.
The organization has so far served over 280 Spinally Injured Person (SIP) in 10 counties.
On 30th November, ABC Capital client, Nairobi Business Ventures Limited has listed an additional 415 Million shares completing its restructuring process and the onboarding of a new investor, Delta International (FZE).
Following the restructuring, Nairobi Business Ventures (NBV) will now focus on manufacturing, importing, and selling raw materials used by cement and steel processors and other companies in the infrastructure sector.
NBV says that with the infrastructure set to grow on the continent, there are opportunities to supply companies making end products such as cement and steel.
“Africa is the future of economic opportunities and NBV is committed to join the race with its contribution. We want to part of the Big Four agenda of the Kenyan Government also and our main focused sectors of activity shall be infrastructure,” said NBV Chairman Haresh Soni at firm’s bell ringing ceremony.
NBV has listed 415 million new shares on the Nairobi Securities Exchange (NSE) following a Ksh83 million investment by Dubai-based Delta International FZE in early November. The transaction advisers for the deal were ABC Capital, who was represented at the listing event by Group MD, ABC Bank and Group, Shamaz Savani.
Commenting on the restructuring, the NSE Chairman, Mr. Kiprono Kittony noted, the restructuring marks an important milestone for Nairobi Business Ventures Limited. The capital injection as well as the new business focus will play a significant role in reviving business operations as well as renew investor’s confidence in the prospects and future of the business”.
The investment also resulted in NBV getting a new board of directors.
NBV was first established as a leather products retail chain operating under the brand name “K Shoe” but has made the strategic decision to exit the retail businesses, which is facing numerous challenges. Instead NBV will enter venture into trade and the manufacturing of sustainable products used by companies in the infrastructure sector.
For many years, ABC Bank has provided educational sponsorship for vulnerable children at all academic levels. The Bank sponsored Mactarion Mwende, an orphan, who has been staying at Kayole Girls Street Children Rehabilitation Home to join Jaramogi Oginga Odinga University of Science and Technology. Mactarion has been admitted to University to pursue her Bachelor of Science degree in Community Health. On 11th November, our sponsored student Mactarion Mwende reported to Jaramogi Oginga Odinga University of Science and Technology to pursue her higher education.
We are proud of what she has achieved so far and we wish her the best as she embarks on this new journey.
ABC Bank sponsored the Fortune Sacco Football Club with Branded T-shirts, caps, training bibs and soccer boots. The Bank staff presented the team representatives with the football gear on 4th October in Kirinyaga. This was part of the Bank’s CSR initiatives and was also aimed at strengthening our business ties. The Bank has been partners with Fortune Sacco since 2014 to provide cheque clearing solutions for the sacco members.
Fortune FC is a football team based in Kirinyaga, Kenya that focuses on uplifting our community through football. It is in the National Super League that then leads to promotion into the Kenya Premier League.
ABC Bank trounced the large pack of entries in this year’s Think Business Awards to emerge 2nd Runners Up in the Best Bank in Product Marketing category during the Think Business Awards event. The Bank was recognized for its efforts in marketing the ABC Global product that is targeted at their diaspora customers. The event was hosted online on Thursday, 23rd July and was themed ‘Responsible Banking in a New Era’.
The Think Business Awards event is aimed at encouraging innovation, prudence and stability in the banking sector by recognizing, awarding and celebrating exemplary performance in the sector. Over the years, ABC Bank has been recognized in various categories and scooped several awards.
We’re honored that our marketing efforts 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.
“Reading gives us someplace to go when we have to stay where we are,” said Mason Cooley.
On Saturday 25th June, part of our ABC Bank team visited Kayole Children’s Home to deliver story books. The children were really excited to get so many storybooks that will keep them occupied with something constructive while they are home due to the Corona pandemic. It was a fun-filled day as the kids had fun and interacted with the Bank staff.
Merab Kivuti is the definition of beating the odds. Growing up in Kayole Children’s Home did not deter her from pursuing her dreams. She did not allow her circumstances to determine her destiny. She studied hard, passed her KCSE, and was admitted to Moi University. ABC Bank sponsored her with an education scholarship and she is now in her first year studying Tourism.
With the Universities closed due to the Corona pandemic, classes are now online for students. Merab needed a laptop to keep up with the classes and to help her keep up her grades. ABC Bank staff led by the Friends of Kayole (FOK) group teamed up to buy her a laptop for her studies and she was presented with the laptop yesterday at our Head Office.
They say charity begins at home. This is what our staff believe in. On 26th June, ABC Bank staff gifted their support staff in the Head Office and Branches with packages to support them and their families during this tough Covid-19 pandemic times.
The support team has been at the forefront of ensuring that we are keeping safe during this period by ensuring our touchpoints are disinfected and clean. We appreciate our essential workers for their efforts and good work.
As part of ABC Bank’s culture of giving back to the community and our customers, we have been conducting various initiatives targeting various stakeholders and partners in supporting the Government and community to curb the spread of the Covid19 Virus.
The Bank is committed to making a difference through interventions such as the provision of face masks, hand sanitizers and the donation of food for families affected by the pandemic. Recently, we donated facemasks to our customers and partners for distribution to the vulnerable groups they work with.
We are also supporting efforts by the Government of Kenya to flatten the curve by contributing to the National COVID-19 Fund. The Bank has made a donation of Kes 1 million to the National COVID-19 Fund that is working with charities and community organizations to support vulnerable groups, especially in informal settlements.
ABC Bank joined our customer, MyCredit, in supporting a food donation drive that is distributing foodstuff in Kibera and Mukuru slums. MyCredit has partnered with GreenCard, a Community Based Organisation, that is working with the Government of Kenya to distribute hand sanitizers and foodstuffs in informal settlements as part of the efforts to curb the spread of Covid19.
The Bank joined the cause to buy foodstuff that will feed 3,000 families and go a long way in putting a meal on the table for the families that have been adversely affected by the pandemic.
Women are the fabric that holds families and communities together. Globally women weave and mend the social, economic, cultural and political fabric through their contributions and achievements. This year’s theme was #EachforEqual which means, collectively, each of us can bring change by creating a gender-equal world.
As ABC Bank, we continue to strive to be #EachforEqual. On Monday, 9th March, our branch staff marked International Women’s Day by celebrating our lady customers, who have made our ABC Bank family thrive through their business support. The ladies were pleasantly surprised and were thankful for the recognition and appreciation.