Credit Bank wins special recognition for Trade Financing solutionsEdited on September 13, 2017
Credit Bank has perfected the art of Trade Financing and was recognised as a key contender in this business segment during this year’s Banking Awards. The bank received a special recognition award in the Category of Best Bank in Trade Finance on the back of a bulging client portfolio built in only two years.
Mr Kevin M. Kahuthu, manager, trade and corporate banking, attributes this amazing success to how the bank delivers its trade finance solutions. These solutions are structured to meet the needs of exporters, importers (pre and post export or import), contractors and suppliers as well as those who undertake trade within/without the country’s borders.
“For as long as you are in business (whether local or international trade), these instruments are at your disposal,” explains Mr Kahuthu.
He says the bank has capacity, skills and high expertise that makes the origination, structuring and processing of requests efficient. The turnaround time is quick – usually a mere two hours and sometimes it is even less for the case of bid bond issuance.