We are here to stay: Barclays Bank Kenya
Barclays Bank of Kenya (BBK) Limited and assured her clients in Kenya that contrary to media reports, the bank is not shutting down stating that “It is factually incorrect that Barclays Bank of Kenya ltd (BBK) is shutting down in Kenya. We have a clear strategy or our Kenya business and there are no plans at a local, regional or group level to shut it down”.
Kenyan customer accounts are and continue to be safe and are not impacted in any way. The speculation concerns shareholding of Barclays Africa Group Ltd and does not impact the day to day running of BBK.
BBK urges customers not be concerned, their deposits are safe and the operation of their account will not be impacted.
Barclays Bank of Kenya (BBK) is a profitable business currently in its 100th year of operation in this country. BBK has a strong capital base and liquidity position that ensures we are able to deliver service and value to all our stakeholders.
BBK is a significant player in the Kenyan Banking industry and is well capitalised and liquid.
Further, when Barclays Africa Group was formed in 2013, Barclays created one of the biggest groups on the continent. We are a well capitalised and independently funded business and control the African operations.
BBK has continued to grow her Kenyan business, offering customers access to cutting edge financial solutions. Only this week they launched the first market Mobile Point of Sale (mPOS) payment solution. This is a solution that enables customers to pay for their products and services using their debit or credit card on the go. Next week we will launch our agency banking proposition to give our customers easier access to our services.
BBK has a clear strategy and for now we are focused on executing that strategy. Ultimately we remain committed to providing the highest level of service.
