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This product is tailored to suit the needs of investment groups. It targets both incorporated groups and non- incorporated groups.
- Low minimum opening/ operating balance from as low as Kshs. 2,000
- Attractive interest rates earned on the account
- Cheque book may be provided (depending on account)
- Access to internet and mobile banking services
- Bank statements provide monthly
- Free financial advice
- Automatic member of the bank’s business club
- Access to investment loans for shares, land, property
- Affordable loan interest as low as 1.5% per month
Requirements: (Non- Incorporated Groups)
- Registration Certificate from the Ministry of Culture & Social Services
- Constitution of group
- Minutes of the meeting appointing the group’s bankers
- Identification card and one passport sized photograph for all officials.
- List of all group members, their contacts (including physical address) and their business activity
Requirements: (Incorporated Groups)
- Certificate of incorporation
- Memorandum & Articles of Association
- Company’s PIN certificates
- Company’s search listing directors OR annual returns
- Director’s resolution to appoint bankers and the relevant signing mandates
- Identification card and one passport sized photograph for all the officials.