NCBA 100M BOOSTS COVID-19 KITTY

NCBA 100M BOOSTS COVID-19 KITTY

By Douglas Muriithi

NCBA has committed KES 100 million to help

the fight against the Covid-19 pandemic.

The funds will go towards the government’s

Covid-19 Emergency Response Fund, which was

set up by H.E. President Uhuru Kenyatta to

mobilise resources to support the fight against

this pandemic.

The contribution to be made by NCBA will go

towards humanitarian support for the

vulnerable members of the Kenyan society.

This contribution adds to the heavy support

that the Bank continues to extend to its

customers through loan restructurings such as

extensions and moratoriums.

“As a bank we acknowledge that we have a

central role to play in supporting individuals,

businesses and the economy during this crisis

and facilitating a rapid and sustained recovery.

Our contribution is aimed at protecting and

safeguarding people’s lives in our community,”

said Group Managing Director John Gachora.

The Bank is also working closely with small and

micro enterprises, especially its customers, who

are involved in the production and distribution

of critical inputs in containing the spread of

Covid-19.

These critical inputs include masks and food

which will be distributed for in partnership with

the Emergency Response Fund.

Face masks are one of the many critical non-

pharmaceutical supplies that local industries

have the capacity to produce for use by

healthcare providers and the public.

The Government issued regulations requiring

everyone to wear a mask when in public.

NCBA Group is a full-service banking group

providing a broad range of financial products

and services to corporate, institutional, SME

and consumer banking customers.

The Group was created on 1st October 2019

following approval by Central Bank of Kenya

and The National Treasury of the merger of NIC

Group PLC (NIC) and Commercial Bank of

Africa Limited (CBA).

NCBA Group operates a network of more than

100 branches in five countries including Kenya,

Uganda, Tanzania, Rwanda and Ivory Coast.

Serving over 50 million customers, the NCBA

Group is the largest banking group in Africa by

customer numbers.

NCBA Bank Kenya PLC is Kenya’s third largest

bank by assets.

The Bank is set to play a key role in supporting

Kenya’s economic ambitions, specifically

facilitating implementation of the Government’s

Big Four Agenda which focuses on food

security, affordable housing, manufacturing and

universal healthcare.

The Bank is a market leader in Corporate

Banking, Asset Finance and Digital Banking.