NIC Bank Kenya has today signed a Loan Portfolio Guarantee agreement amounting to KES 515,900,000 with the African Guarantee Fund for Small and Medium-sized Enterprises (SMEs). The partnership aims to unlock financing intended to facilitate the promotion, growth and development of Small and Medium-sized Enterprises (SMEs). The signing ceremony took place at the NIC Bank […]
NIC Bank has partnered with ATI (African Trade Insurance Agency) to be able to extend credit facilities to SME businesses that have credible business contracts but insufficient tangible securities. Customers can access a select group of Trade products (listed below) within a shorter time without the need to go through the rigorous process of charging […]
NIC Bank today announced a partnership with Strathmore University that will see members of the Bank’s Business Club access SME courses at the university at a discounted rate. Under the partnership, Business Club members will also get access to business seminars and workshops across the country at no cost, allowing Business Club members to tap […]
We provide a solution for SME customers looking to put away funds to meet their business needs. Our SME savings accounts can be divided into three Fixed Deposits account Call Deposits accounts Business Savings Accounts All accounts have negotiated deposit rates from the Treasury department.
NIC Bank offers reliable SME lending products that provides various business entities with an opportunity to grow through the provision of multiple lines of credit. We provide business loans as per specific requirements as we ensure quick turn around time on facility requests. We have split the SME business line into 3 tiers: Lower tier […]
Over the years, we have partnered with Small and Medium Enterprises (SMEs) within East Africa to provide unique business solutions. We have a wide range of solutions to suit your personal as well as your business needs, ranging from, transactional accounts solutions, financing solutions, cash management solutions, trade solutions, investment solutions and insurance solutions. Our […]