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Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.
M-PESA (M for mobile, PESA is Swahili for money) is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya.
The bank is also affiliated with Western Union, the American International money-transfer service. In 2009, TNB introduced Internet banking and mobile banking through mobile telephones. Overview. The bank is a medium-sized commercial bank in Kenya, East Africa's largest economy.
NCBA Bank Kenya is a subsidiary of NCBA Group Plc, a large financial services provider in East Africa, and parts of West Africa. The group maintains its headquarters in Nairobi, Kenya. NCBA Group Plc owns subsidiary companies in Kenya, Uganda, Tanzania, Rwanda and the Ivory Coast. As of September 2019, NCBA Bank's total asset base was valued at ...
Kenya, officially the Republic of Kenya ( Swahili: Jamhuri ya Kenya ), is a country in East Africa. With a population of more than 47.6 million in the 2019 census, [12] Kenya is the 28th-most-populous country in the world [7] and 7th most populous in Africa. Kenya's capital and largest city is Nairobi, while its oldest and second-largest city ...
As of December 2015, KCB Bank Kenya was the largest commercial bank in Kenya with assets of more than US$3.681 billion (KES:366 billion) and US$2.776 billion (KES:276 billion) in customer deposits. In August 2021, the bank recorded a customer deposit growth to USD$5.47 billion (KES:601.7 billion) and had an asset base value of USD$7.09 billion ...
www.safaricom.co.ke. Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. [2] It is the largest telecommunications provider in Kenya, and one of the most profitable companies in the East and Central Africa region. [3] The company offers mobile telephony, mobile money transfer, consumer ...
On 14 October 2014, Equity Bank Kenya started issuing ordinary SIM cards for telecommunication and mobile banking services to its 8.7 million customers across the country. In August 2018, Equity Group spun off its fintech arm into Finserve Africa Limited, a fully-owned subsidiary with its own board and management, headed by Jack Ngare.
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