South Africa’s Old Mutual refreshes itself as it partners with young Faulu Kenya

By Stephen Mburu
“I am delighted for having entered into partnership with Faulu,” these words by an elated Ralph Mupita, Chief Executive Officer of Old Mutual Emerging Markets, summarised the sweet business marriage between the giant South African financial services company and Faulu Kenya, a young and fast-growing Deposit Taking Micro-finance (DTM) in the region.

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Agency banking in Kenya racing to catch up with mobile money

It is just a matter of time before Kenya's agency banking gives mobile cash transfer service a run for its money as adoption and use of the former continues to grow tremendously.

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Refreshed Consolidated Bank launches agent banking as it grows stronger

By Stephen Mburu
Consolidated Bank of Kenya has officially launched Conso Maskani, its Agent Banking service to the public. The service has been running at various agent outlets for several months now and seems to have already proven to deliver convenience to customers.

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Jamii Bora seeks to transform itself into a regional bank

By Stephen Mburu
Jamii Bora Bank, one of Kenya’s fastest growing financial institutions aims at aiming to be one of Kenya’s middle tier banks by the end of the year.
Besides plans to transform more of its sales outlets into fully-fledged bank branches, the institution also seeks to invest in new strategically located outlets.

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Equity Bank partners with Google to introduce a cashless solution

Equity Bank has since teamed up with global leader in technology Google to bring you BebaPay, a payment card which seeks to provide a quick and convenient way to pay bus fare without the use of cash. BebaPay is an Equity Bank product powered by Google who bring their expertise in payments and Near Field Communication (NFC) technology. The technology allows commuters to simply tap their BebaPay cards on a card reader to pay, making it easier for commuters to transact with operators.

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It's 'Banking on better' as National Bank rebrands to break with the past

By Stephen Mburu
National Bank of Kenya has re-branded itself as part of a new strategy aimed at transforming it into one of the top tier banks in the country in the next five years.
And as it aims to be among top five financial institutions in Kenya by 2017, the bank has not only shed off its green colours, but also dropped the word Kenya to simply become National Bank.

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Cooperative, and Equity bank make ‘impressive growth’ as they reap big from agency banking

By Stephen Mburu
Editor, Metro Advertiser
Cooperative and Equity banks have since made a mark around the world as they continue to make impressive profits thanks to the agency banking.

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