The lifeblood of any company is its working capital. Starting with procurement to manufacturing, stockholding, selling and finally collecting receivables, a business is as efficient as its working capital management. This is where the transaction banking team of a bank can step in to support clients.
92% of the financial institutions in Kenya have adopted or developed an online banking solution (mobile app or USSD) to assist in their administration of banking and customer-relationship services. This is according to a regular survey done by the Central Bank of Kenya charting the state of innovation in Kenya's banking sector. Only 4 institutions
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