Jubilee, Credit Bank enter deal targeting SMEs
Jubilee Holdings Regional CEO Julius Kipng’etich (left) and Credit Bank CEO Betty Korir sign a partnership deal on October 23, 2019 at the Nairobi Serena Hotel.
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Article Author: Jubilee, Credit Bank enter deal targeting SMEs
Media Source: Daily Nation (Kenya)
Date: 28 October 2019
On 23 October, Jubilee Holdings inked a partnership deal with Credit Bank that will see the firms create loan financing and insurance products that will be tailor-made for small and medium sized enterprises (SMEs). The insurer and the tier III lender have agreed to share information that will facilitate formulation of products to…
On 23 October, Jubilee Holdings inked a partnership deal with Credit Bank that will see the firms create loan financing and insurance products that will be tailor-made for small and medium sized enterprises (SMEs). The insurer and the tier III lender have agreed to share information that will facilitate formulation of products to be sold under a bancassurance model to SMEs. "We are leveraging on our financial strength and experience gained over the years across the East African market to create products that fit the needs of SMEs", Jubilee Regional Chief Executive, Julius Kipng’etich said.