Postbank is now Chase Bank Agent
Chase Bank Kenya has announced that it will be using Postbank branches countrywide as its agents beginning today. In a statement on the official Chase Bank facebook page, the bank said Postbank will from today act as its agent providing clients…
Credit Cards Vs Debit Cards
Debit card issuers charge a fee on transactions performed by the card from the account balance. Credit card issuers charge an interest on money advanced to the holder through the card transactions.
Banking: Why You Need A Bank Account
What is Banking? Banking can be defined as the business activity that involves accepting, safekeeping and management of money by individuals or registered institutions, and then lending (selling the money as credit) to earn a profit from it. The history of banking…
Largest Private Kenyan Bank Gets New CEO
Before joining CBA, New CEO Mr. Ngunze previously held several management positions at Standard Chartered Bank
Current Account Vs Savings Account
Quite often, many people who want to save money open accounts with paying to the nature of accounts they open. Many people run current accounts as their savings vehicles. Much as this has no harm really, it would be more beneficial to have a dedicated savings account for savings as…
NIC Bank Nets More than 2 billion to June
Profit grew mainly on higher interest income which doubled to 5.6 billion shillings from 2.72 billion last year amidst a high interest rate environment
Why Finance Players are Looking to the Diaspora
With Kenyans abroad remitting US$ 891.1 million (KES 7.49 billion) into the country in 2011 banks and other financial institutions are dashing to tap into this market. Just how practical is all of this hullabaloo?
Barclays To Launch UK-Kenya Mobile Money Service
Barclays Bank will launch a person-to-person payments service that enables people to send and receive money using mobile phone numbers from the UK to Kenya. Launched in the UK earlier this year, Pingit, allows users to download a free, password-protected app for…
NationHela Tariffs
Below is NationHela, the latest international and local money transfer platform, tariff guide.
How NationHela Works
On Wednesday Nation Launched the NationaHela card, a new international money transfer card. But how does it work? After you buy the card, you will have to activate it by dialing *348# on your phone after which you should follow through the…
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