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This product is tailored to support customers who have won tenders and are required to provide a performance bond. At Consolidated Bank, we support our customers with performance bonds at very competitive terms.
- The performance bonds can be unsecured up to Kshs. 500,000
- 50% secured up to Kshs. 1,000,000
- Processing within 48 hours
- A fee of 1% per quarter of the performance bond requested, a minimum of Kshs. 2,000