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Corporate Social Responsibility acknowledges the fact that organisations do not exist in bubbles. Giving back to the society in which the company operates is part of what organisations should do to be part of it (the society).

The 2019 edition of the Think Business Awards acknowledged Credit Bank as the 2nd Runners Up in Sustainable Corporate Social Responsibility. As a bank our commitment goes beyond giving back to something more. The bank has made CSR an integral part of its core values and further its mission. It is not just about providing financial solutions but further impacting the society in which we operate in.

Credit Bank is committed to impacting positively the socio-economic spheres in which the bank operates in. Organisations need to become more conscious of the impact they have in a broader sense. The traditional “giving back” in which it is simply a donation doesn’t fit the definition of being socially accountable to stakeholders. The lines are becoming blurred and CSR is not just an activity at the end of the year, rather part of everyday operations. This is the belief at Credit Bank.

Being an integral part of the Bank’s operations, CSR demands we enhance where we operate especially having a positive impact on the economy and environment. This has further been acknowledged by the recent recognition by Kenya Association of Manufacturers on contributing to Sustainable Finance in Kenya. The Bank’s operations go the extra step to ensure that projects financed do not impact negatively on the society. We have been involved in numerous projects on Clean Energy Financing as part of our effort to fight climate change. Agribusiness financing and our focus on SMEs acknowledges the banks effort to have an impact on society through sectors that impact employment opportunities and direct growth of the economy.

Having a long-term view of what the Bank does is more important over short term CSR measures. Our biggest CSR initiative is that of the Entrepreneurs Hub. The Bank takes pride in this initiative which carries the objective of transforming and growing SMEs into established operations. EHub is a platform where entrepreneurs can learn, engage and grow. Members learn through various methods including one-on-one business coaching that seeks to establish systems for the SMEs to grow. Engagement is through networking forums hosted by the Bank in which the businesses get opportunities to share about their ideas. This further gives them the opportunity to market themselves to other members and eventually growth consequently.

We have engaged in other CSR activities which you can explore here. Our CSR takes on a broad approach including philanthropy and volunteer efforts.

Winning the award does not mean we are done. Instead, this recognition gives us the impetus to be an impactful and caring corporate citizen. The Bank wants to ensure that being socially responsible remains part of our culture. A culture where we go beyond the laid down procedure, going the extra step to understand and provide sustainable solutions.

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Empowering you to grow takes a special place at the heart of our operations. elev8HER is designed just for you and offers more than just financial solutions. We seek to be the friend you can bank on for your growth. Join elev8HER today and get exclusive access to:

  • ~elev8HER Community – a chance to market your business to others
  • ~elev8HER Health – activities such as walks, free check-ups and more
  • ~elev8HER Newsletter – with business insights and features a client each month
  • ~elev8HER Visa Debit Card – a card just for you
  • ~elev8HER Site – this comes with learning modules and expert opinions on various matters
  • ~elev8HER Café – features business moguls to learn engage and prosper

 

Insurance Options

HER Car Insurance

 

With elev8HER, we have curated our motor vehicle insurance options just for you. We have the following options:

  • ~HER Private Motor Vehicle Cover – this covers all vehicles used for personal, social and pleasure purposes.
  • ~HER Commercial Vehicles – this cover is for all vehicles used in the line of doing business.

This insurance cover indemnifies you in respect of accidental damage including collision, fire, theft of the vehicle and third party liabilities.

 

HER Business Insurance

 

This is a comprehensive insurance that covers your property against any accidental and unforeseen loss or damage. It offers a wide range of unique benefits depending on your needs. The following policies are available under this class among others:

  • ~Fire and Allied Perils (Burning flame, explosion, impact, flood, malicious Damage)
  • ~Burglary policy including holdup
  • ~Cash in transit/Goods in transit
  • ~Home Insurance (Domestic Package) – Sections A,B,C,D, E & F
  • ~All risks
  • ~Fidelity Guarantee policy
  • ~CAR
  • ~WIBA

 

HER Health Cover

 

This cover is suitable for you and your employees. You can now have peace of mind together with your employees with our medical cover. Credit Afya Health product is designed for both individuals and SMEs and offers the following:

  • ~Inpatient and outpatient cover
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HER Travel Insurance

 

Travelling the world? This cover is for you if you are travelling for leisure or business and offers you the following:

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  • ~Loss of Baggage
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The cost of this cover is normally dependent on number of days of travel, country of destination, country of destination, your age and type of visit.

eHub

eHub is a platform designed to enable your small and medium sized enterprise (SMEs) scale and become competitive across industries. eHub provides a platform for you to network, learn and do business. Non-financial service package include access to e-hub for free/discounted rates:

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  • ~Access to eHub Circles
  • ~Access to eHub Mentors
  • ~Access to eHub Masterclass
  • ~Access to eHub One on one coaching sessions
  • ~Women Café – monthly talks on pertinent issues affecting women in business and women in general

Learn more here.

 

Financing Options

HER Business Loan

If you have run a small and growing enterprise for at least three years, this term loan is designed to meet your financing needs.

What You Get
  • ~Access loan value of up to KES 10 million
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  • ~Last two months interest rebate upon full redemption of loan and consistent repayment with no incidence of arrears.
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HER Start-Off Loan

 

If you have run a micro and small enterprise between one and three years, this term loan is designed to meet your financing needs.

 

What You Get

 

  • ~Access loan value of up to KES 3 million
  • ~Preferential interest rate
  • ~An unsecured option is available
  • ~Last two months interest rebate upon full redemption of loan and consistent repayment with no incidence of arrears.
  • ~Access to other elev8HER products such as insurance packages with discounted premiums, and non-financial service package including access to eHub for free

 

HER Trade Loan

 

Sometimes cashflows are tight. This solution is meant to ease your cash operations in the short term. Access this financing with your LPO/LSO contracts. Open an elev8HER account for business transactions to build your business banking record.

 

What You Get

 

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  • ~If you have an invoice yet to be paid, our Invoice Discounting offers up to 70% cash value
  • ~Access training and coaching through eHub and other non-financial services .
  • ~Access to other elev8HER products such as insurance packages with discounted premiums, and non-financial service package including access to eHub for free as above

 

Her Digital Loan (Women Pre-Approved Cash Loan)

 

Need quick cash? CB Konnect, our mobile banking app, gives you access to quick loans based on your transaction history with no security required.

 

What You Get

 

  • ~No collateral required
  • ~Access to other elev8HER products such as insurance packages with discounted premiums, and non-financial service package including access to eHub for free as above
Account Options

HER Personal Account features:

  • ~No Monthly Charges 
  • ~Minimum operating balance Kshs. 2000
  • ~Charges via Digital Channels apply

HER Business Account features:

  • ~Get unlimited access for a flat monthly fee of KES 500
  • ~No charges for Cheque Book

  • ~Access to a Visa Debit Card*

  • ~No minimum or operating balance
  • ~Charges via Digital Channels apply