Cooperative Bank Donates ksh100million in Fighting Corona

Cooperative Bank Donates ksh100million in Fighting Corona

Mwabaya Katana     April 06, 2020   No comments

Cooperative Bank of Kenya (Co-opbank) has donated ksh100million to help the the government and the health agencies in fighting Coronavirus.

The bank becomes the first corporate institution to join in fighting the virus by providing funding that will go along way in helping the purchase of ventilators.

The number of Coronavirus cases in kenya is increasing by day which is not pleasing at all. Although few but there are some recoveries reported too which is encouraging.

The bank expect the funds will help in acquiring other critical life saving medical supplies apart from the ventilators.

NHIF Extends The Time For Members To Change Facilities

NHIF Extends The Time For Members To Change Facilities

Mwabaya Katana     April 04, 2020   No comments

NHIF has extended the deadline for members to choose their health facilities from 31st March 2020 to 30th April 2020.

The insurer through a notice to the public has urged each member to update the information about their facility of choice afresh even if you'll choose the same facility again. 

The exercise which began in January 2020 will now end in April 2020, an extension as a result of  the ongoing Coronavirus pandemic and the government curfew. 

Beneficiaries will continue to be served from their previously chosen health facilities till the ongoing exercise is completed. 

Branch visits are highly discouraged, but all members are encouraged to use the digital platforms include USSD code *155# ,NHIF  mobile App and NHIF Website. 

Claim process is still on, and all approved health facilities should continue doing so without hesitation. 

Bank Of Africa Closes Some Branches

Bank Of Africa Closes Some Branches

Mwabaya Katana     April 03, 2020   No comments

Bank of Africa (BOA) Kenya has announced closing some of its branches to discourage overcrowding and encourage social distancing during the Coronavirus pandemic.

BOA will close temporarily two of this branches in Nairobi starting from Monday 6th April 2020 .Customers are advised if necessary visit the other nearest branches for assistance.

The two affected branches are ;

1. Upper Hill Branch at Embankment Plaza,Longonot rd,Nairobi 
2. Gigiri Branch  at Warwick Centre, Gigiri ,Nairobi 

All BOA customers are encouraged to use digital ways of transacting provided by he Bank including; 

• Bmobile app
• BOAweb
• ATM 

Standard Chartered Takes Relief Measures On Loans And Credit Cards

Standard Chartered Takes Relief Measures On Loans And Credit Cards

Mwabaya Katana     April 03, 2020   No comments

Standard Chartered Bank of Kenya has announced taking more relief measures on loans and credit cards during this hard economic times caused by contagious Coronavirus.

In addition to the directives by the Central Bank of Kenya and the President of Kenya to eliminate mobile money transaction charges and  stop listing defaulters with the CRBs, the bank has the following more relief measures to the customers;

• Relationship Managers are always available to talk to commercial and global clients to assist in this hard economic times
• You can now ask for up to 12 months personal loan or mortgage extension tenure. 
• You can now choose to pay the interest only for 6 months for your mortgage. 
• You can now request for a 3 months holiday on your personal loan or mortgage. 
• You can request to settle your credit card outstanding balance in 6 to 12 months of equal instalments. 
• If you currently pay the full amount due on your  credit ,you can request to change this to the minimum amount due which is 5% of outstanding balance plus the interest.