Business

Absa unveils initiative to enhance Kenyans financial wellness


NAIROBI, Kenya, Oct 31 – Absa Bank Kenya has rolled out an initiative dubbed ‘Every Kind of Financial Solution for Every Kind of You’ to educate Kenyans on financial wellness.

The platform, which will be available online, will offer customers financial literacy tips.

Absa seeks to achieve this by leveraging online banking features, which include savings at a competitive rate of nine percent per annum with monthly payouts, making digital loan top-ups accessible through all platforms, as well as providing access to insurance.

Its Customer Network Director, Peter Mutua, reiterated the bank’s commitment to improving the financial health of individuals through democratizing access and education on managing credit and investments while streamlining their savings and insurance needs.

Mutua added that the bank was alive to the challenges that continue to bedevil its customers in the wake of an unpredictable economic landscape.

”We are looking to empower them to take control of their financial futures and turn challenges into opportunities – a demonstration of our continued dedication to their financial wellness,” he added.





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