[kictanet] KCB-Posta partnership in agency banking

[lordmwesh]

Andrea,

Acually,Post Bankis called Kenya Post Office Savings Bank.





----
I thought Post(a) was the same as Post(bank) some years back.Therefore I can
deduce that Post Bank should be the first to do agency banking with Posta.


Regards
Mwendwa

On 7 July 2011 10:58, Andrea Bohnstedt
<andrea.bohnstedt at ratio-magazine.com>wrote:

> Mwendwa made a good point on the post office versus the post bank (see
> below).
>
> I sent out the two links in a rush yesterday, so didn't even think that
> far. I've had a quick google look at PostBank and it looks like they are
> using the agency banking concept themselves to widen their reach:
>
> http://www.postbank.co.ke/this.news.php?title=Agency%20Banking%20with%20Postbank
>
> Also, I suspect that part of the explanation might lie in what KCB and
> Postbank can do: As far as I can see from the Postbank website, the
> corporation can only accept desposits, but cannot intermediate these, i.e.
> cannot provide loans (I've seen some online references that it was thinking
> about introducing these services, but am not sure how far that went).
>
> KCB is a full commercial bank, so it can do both deposits and loans. I
> think agents can't decide on loan applications, but they can disburse loan
> payments, and accept repayments.
>
> Does anyone know more?
>
>
> On 7 July 2011 10:46, lordmwesh <lordmwesh at gmail.com> wrote:
>
>> I thought Post(a) was the same as Post(bank) some years back.
>>
>> Therefore I can deduce that Post Bank should be the first to do agency
>> banking with Posta
>>
>> Regards
>> Mwendwa
>>
>> On 6 July 2011 16:15, Andrea Bohnstedt <
>> andrea.bohnstedt at ratio-magazine.com> wrote:
>>
>>> Dear all,
>>>
>>> I trust that this will interest a couple of people on the list :)
>>>
>>> KCB and Postal Corporation of Kenya sign an agency banking deal
>>>
>>> http://www.ratio-magazine.com/201107063966/Corporate-Press-Releases/Kenya-Press-Releases-KCB-and-Postal-Corporation-of-Kenya-Sign-Agency-Banking-Deal.html
>>>
>>> Not sure if I sent round the link for this article we recently did on
>>> agency banking?
>>>
>>> http://www.ratio-magazine.com/201106223957/Kenya/Expanding-Financial-Services-in-Kenya-Agency-Banking-versus-Mobile-Banking.html
>>>
>>> Have a good afternoon,
>>> Andrea
>>>
>>>
>>> --
>>> Andrea Bohnstedt <http://ke.linkedin.com/in/andreabohnstedt>
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>>
>>
>> --
>> ______________________
>> twitter.com/lordmwesh
>> transworldAfrica.com <http://transworldafrica.com/> | Fluent in computing
>> kenya.or.ke | The Kenya we know
>>
>>
>
>
> --
> Andrea Bohnstedt <http://ke.linkedin.com/in/andreabohnstedt>
> Publisher
> +254 720 960 322
>
> www.ratio-magazine.com
> Find/post East Africa careers<http://www.ratio-magazine.com/careers/index.php>
> Find/post conferences, workshops, trainings, other business events<http://www.ratio-magazine.com/businessevents/index.php>
>
>
>
>
>


-- 
______________________
twitter.com/lordmwesh
transworldAfrica.com <http://transworldafrica.com/> | Fluent in computing
kenya.or.ke | The Kenya we know
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