Access Bank Plc’s Post

Online financial platform Tala has announced that it has gained 10 million customers worldwide since its launch. Of these, 3.5 million are based in Kenya, where the company started operations in 2014. Tala has also provided over 300 billion Kenyan shillings in loans to its Kenyan users, emphasizing its commitment to promoting financial inclusion across Africa. #tala #customers #tradearlnews

It is easy to ignore what it means when Kenya Business news report that the Diaspora Remittances inflows to Kenya in the month of May was over USD 250 million, until you interact with colleagues David Berno from our Financing Facility for Remittances IFAD. A large percentage of these inflows go to the rural areas in Kenya and beyond. In that regard, they have got a vibrant national stakeholder network with immense endorsement and support of Kenya Diaspora Affairs and the Central Bank of Kenya. Over that ,June is a significant month as IFAD,the United Nations and Government of Kenya mark the International Day of Family Remittances.Be on the look out for registration and networking opportunities. #RemittancesforDevelopment #RuralDevelopment #IFAD

Did you know that the NGO sector (now referred to as Public Benefit Organisations), contributed a staggering Ksh. 196Billion to the Kenyan economy in the year 2022/2023 according to the annual NGO sector report? PBOs have made substantial contribution to the country’s social economic development through inflow of vital foreign currency, direct and indirect employment and more importantly, in improving the lives and livelihoods of the underprivileged population of Kenya. The PBO regulatory Authority plays a critical role in facilitating and coordinating this key sector of our economy and KCB Bank Group is proud to be a continued partner of PBOs and the Authority. Partnerships and collaboration play a crucial role in driving impact and addressing community challenges. #above&beyond #forpeopleforbetter KCB Bank Group Rosalind Gichuru

#WBGmeetings was an opportunity to have great discussion with National Treasury Kenya’s Honorable Principal Secretary Dr Chris Kiptoo … we had a great discussion on the progress in The World Bank program on supporting #SMEs #access_to_finance in Kenya #SAFER including for #agri_businesses and #export_oriented_firms … we also discussed advancing Kenya’s #jobs and #economic_transformation program #KJET to achieve impactful results for creating and improving #jobs in Kenya. Great #economic_opportunities ahead of Kenya and will work together to realize its #growth_potential for Kenyan people.

UGAFODE Microfinance Limited (MDI) is a leader in building financial resilience for refugees in Uganda. The institution was a semi-finalist in this year’s European Microfinance Awards, which were held under the theme: "Advancing Financial Inclusion for Refugees and Forcibly Displaced People". #financialinclusion #refugeefinancing #savings #microfinance #businessloans

"Ghana shines in sub-Saharan Africa!A recent World Bank report reveals that Ghana secured the second spot in remittances in 2023, building on an impressive $4.7 billion in 2022.This achievement showcases the strong bonds between Ghanaians abroad and their families back home, driving economic growth and development.Let's celebrate this success and continue to support each other's progress! #Ghana #Remittances #EconomicGrowth #SubSaharanAfrica #WorldBank #MyJoyOnline #JoyNews"

Financial Inclusion, Education and Innovations for Emerging Economies like South Sudan. It was a great time spent not just conversing but learning from a great wealth of knowledge from Dr, Md and Lecturer.

The most wealth creating bank to customers in 2023: DIB KENYA. The overall wealth creating bank: GAB. #wealthcreation

Co-operative Bank of Kenya reported a 4.4% increase in net profit to Sh19.2 billion for the nine months ending September 2024, driven by higher interest and non-interest income. #kenya #cooperativebank #financialreport #tradearlnews

Michael Atingiego advocated a gradual approach to orchestrating pan-African interoperability for mobile money; scaling up from national value creation to regional standardisation and ultimately to continental solutions. #African_Financial_Summit, #Casablanca, #Morocco Bank of Uganda