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 […]
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). The solution enables farmers protect […]
ABC Bank has signed an agreement with East Africa Exchange (EAX) to help grain farmers and traders obtain financing against their produce deliveries. This will also enable farmers protect their produce against storage-related damage and negotiate for better prices. With warehouse receipt finance, a farmer or trader will deliver his produce to a warehouse that […]
Residents of Mwea, Kirinyaga County can now sigh with relief as a new diagnostic imaging machine is within their reach, thanks to the Our Lady of Lourdes Hospital and an ABC Bank customer Fortec Medix Supplies Ltd. The latter supplied the CT Scan machine to the mission hospital, through an asset financing facility from ABC […]
ABC Bank and New York-based international money transfer service Trans-Fast have signed an agency agreement to enable Diaspora customers to send money to friends and family in Kenya. The tie-up with Trans-Fast makes ABC Bank the first bank in East Africa to partner with the money transfer service, which has presence in 108 countries in […]
ABC Bank has partnered with Kilifi-based Imarika Sacco in an effort to boost the county’s economic growth through offering residents a wider range of financial services. The partnership will allow Imarika Sacco to overcome a regulatory obstacle to begin offering current account services and issuing cheque books to its members through ABC Bank which will, […]
Since the last General Election in March 2013, the first under the country’s new constitutional dispensation various sectors of the economy have undergone major reforms, leading to a more robust and business friendly environment. In response to these changes, businesses have identified new opportunities to take advantage of the new environment to grow their value […]
We are glad to inform you that ABC Bank customers can now access Airtel Money services at any ABC Bank branch countrywide. The services being offered under this partnership include; Retail services – customers will be able to send/receive money at any ABC Bank branch countrywide Super Agency services – customers will be able to […]
ABC Bank scooped two prestigious awards at the recent Champions of Governance Awards 2014, organized by the Institute of Certified Public Secretaries of Kenya. The bank bagged the second overall champion award, and emerged 1st Runners Up in the Finance and Investments category. The awards, now in their fifth year, seek to recognize institutions and […]
The Global Credit Rating Company has affirmed an upgraded national scale short term rating to A2 (KE) from previous rating A3 (KE) and a national scale long term rating of BBB (KE) and from the Global Credit Rating Company. The ratings, valid until October 2015, are supported by the bank’s moderate business and financial risk […]
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The Common Reporting Standard (CRS) is a global initiative aimed at combating tax evasion and ensuring tax system integrity across participating countries. As part of this standard, we at ABC Bank, along with all other financial institutions, are required to gather and report specific information about your tax residency status. This includes details about your accounts and financial activities. To help you navigate these requirements and understand how they may impact you, we have provided a comprehensive overview of CRS and its implications. To review the Frequently Asked Questions (FAQs) on CRS, please click here.
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