Credit Bank PLC has announced KES 3 Million funding into the Kenya COVID -19 Emergency Response Project that was set up recently to gather resources to fight the spread and impact of the virus.
Speaking on the donation Credit Bank CEO Betty Korir, â€œThe COVID-19 pandemic is primarily a health crisis and a human tragedy, but it also has far-reaching economic disruptions. It is already disrupting millions of peopleâ€™s livelihoods, impacting on households and small and informal businesses hence Credit Bank is glad to be part of the private sector and development institutions that are expanding efforts to safeguard economies, livelihoods and health needs across Kenya.
The Covid-19 Emergency Response Fund Board was recently setup by the president to aid immediate priorities that are to support the governmentâ€™s efforts in the supply of medical facilities, equipment and provision of basic needs towards vulnerable communities.
Credit Bank has joined a number of corporates who have come out in support of Covid-19 appeal by the president.
Credit bank this week announced the launch of a Clearing Solution for its Corporate Clients due to restricted movements, which enables their clients to bank cheques at their own premises hence meeting their banking needs on demand. The solution allows clients to achieve a higher Straight-Through-Processing, real time visibility and higher levels of efficiency from payment initiation through to back-end processing.
The institution has also urged its clientele to observe social distancing and sanitization in all their branches should they visit, alternatively Credit Bank has offered digital platform solutions that allow them to continue transacting as we observe social distancing and to support the fight against the pandemic.