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Interswitch Group partners Credit Bank of Kenya and IFAD to deepen remittance play – The Sun Nigeria

Interswitch Group partners Credit Bank of Kenya and IFAD to deepen remittance play – The Sun Nigeria
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United kingdomMitchell elegbeOmodele adigunRomana rajputBetty korirFinancial inclusion programmeCredit cooperative society saccosInternational fund for agricultural developmentCredit bankInterswitch groupInternational fundAgricultural developmentRia moneyCooperative societyAffordable remittancesEnhanced financial inclusion programme

Credit Bank bets on Saccos to drive diaspora remittances

Credit Bank has unveiled a joint partnership to tap into the country's multi-billion-shilling diaspora market as it looks to prop up new product offering in an increasingly competitive market.

Romana rajputBetty korirNyumba mkononiCredit bankCentral bankInterswitch east africa limited countryFinancial inclusion programEuropean unionKenya diaspora allianceInternational fund for agricultural developmentAffordable remittancesEnhanced financial inclusion programRia money transferInternational fundAgricultural developmentRia credit bank

High transaction costs blamed for low remittance-driven investments

75% goes towards utility by family and friends with a paltry 25% going into saving.

David bernoKent libisoNyumba mkononiBetty korirKenya diaspora allianceFinancial inclusion programmeEuropean unionCredit bankEuropean union platform for remittancesCentral bankInternational fund for agriculture developmentWorld bankAffordable remittancesEnhanced financial inclusion programmeRia money transferInternational fund

Credit Bank bets on saccos to drive diaspora remittances

Credit Bank bets on saccos to drive diaspora remittances
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Nairobi areaRomana rajputNyumba mkononiBetty korirCentral bankKenya diaspora allianceInternational fund for agricultural developmentFinancial inclusion programCredit bankEuropean unionAffordable remittancesEnhanced financial inclusion programInternational fundAgricultural developmentInterswitch east africaRia credit bank

Credit Bank taps saccos in diaspora cash transfer plan

Credit Bank has partnered with Interswitch and Ria Money Transfer to provide diaspora cash remittance services.

United kingdomBetty korirRomana rajputCredit bankCentral bankInternational fund for agricultural developmentEuropean unionFinancial inclusion programmeRia money transferAffordable remittancesEnhanced financial inclusion programmeInternational fundAgricultural developmentCo op bank