Effective 1st January 2023, we reintroduced Bank to mobile wallet transfer charges, in line with recent Central Bank of Kenya guidelines. Please see below charges which are inclusive of excide duty: BANK CHARGES FOR TRANSACTION BETWEEN AFRICAN BANKING CORPORATION AND PAYMENT SERVICE PROVIDERS (MOBILE WALLETS) Bank to Mobile Wallet Mobile Wallet to Bank […]
2022 was a phenomenal year for the African Banking Corporation Limited (ABC Bank) because of your support. The Bank won several awards and accolades and was recognized by professional bodies and institutions. We could not have done this without you, our customers. On 2nd December, African Banking Corporation Limited (ABC Bank) was feted at the […]
ABC Bank staff and Friends of Kayole (FOK) which includes former ABC Bank staff visited Kayole Children’s Home on 10th December and delivered their Christmas donations including the ‘Christmas mbuzi’ which has now become an annual tradition. They joined Kayole children in cooking, dancing, playing games, cake cutting and merry making to mark the beginning […]
On Friday 9th December 2022, our ABC Bank team led by our Group Head of Risk and Compliance, who is also the Chairman for Kenya Institute of Bankers (KIB), joined other KIB members for their annual Dinner held at Safari Park Hotel. It was a fun filled evening as the KIB members interacted, celebrated and […]
From 3rd to 7th October, we celebrated Customer Service Week with our customers. This initiative was championed by Institute of Customer Experience (ICX Kenya) in collaboration with Kenya Bankers Association (KBA). The theme this year was “Sustaining customer inclusion” tagged under our ABC Bank theme “next level digital banking” as we celebrated the launch of […]
On 21st September 2022 we made history as we won our first ever Catalyst award and got recognition by the Banking industry for creating long-term value in the agriculture sector ABC Bank won Best Bank in Financing a Commercial Client – 2nd place at at this year’s Kenya Bankers Association (KBA) Sustainable Finance Initiative (SFI) Catalyst Awards […]
On 27th May 2022 ABC Bank staff celebrated scooping three awards at the Think Business Banking Awards Gala held at Serena Hotel. ABC Bank emerged: Best bank in sustainable corporate social responsibility – 1st runners up Best bank in digital banking – 2nd runners up The bank with the lowest charges for individuals – 2nd […]
On Tuesday 5th April 2022, ABC Bank donated Sh. 100,000 to the Mater Misericordiae Hospital in support of this year’s Mater Heart Run to be held on Saturday 11th June 2022. The Mater Heart Run launch was held at KICC bringing together beneficiaries, sponsors and the Mater team. The Bank has supported The Mater Heart […]
The 2021 Banking Industry Customer Satisfaction Survey conducted by Kenya Bankers Association (KBA) was released on 17th February via a virtual forum with representatives from the various member banks. The annual publication is part of efforts by KBA to enhance customer experience in the banking industry and ensure access to financial services for all. ABC […]
On Monday 14th February, our Kisumu branch celebrated Valentine’s Day as they opened the doors to their new location at Reliance House, Oginga Odinga Road. The branch moved to a more convenient and spacious location as part of our efforts to serve our customers and ensure they enjoy their banking experience. The branch operating hours and contacts remain […]
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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.
FATCAka requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold a substantial ownership interest. ABC Bank is FATCA compliant in all its operations. To find out more about FATCA and how it affects you, please contact any of our branches or offices. We may contact you to request further information or documentation in order to verify your tax status under FATCA. For more information on FATCA, click here.
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