StanChart Kenya Temporarily Shuts Down 8 Branches Until August

StanChart Kenya Extends KSh650m Special COVID-19 Loans to Businesses in Health Sector  

Standard Chartered Bank Kenya (SCB) Tuesday said it will be closing eight of its branches for three months, effective May 1 temporarily to further safeguard its customers and employees.

The branches affected include Koinange, Harambee Avenue, Ruaraka/Garden city, T-Mall, Two Rivers Mall, Upper Hill, Jomo Kenyatta International Airport and Maritime branches. 

“As we play our part in minimising the spread of Covid-19, effective May 1, we will temporarily close these branches for three months,” StanChart informed its customers Tuesday.

Alternatively, customers have been advised to transact at the Kenyatta Avenue Branch, Moi Avenue Branch, Thika Road Mall & Muthaiga Branch, Galleria Mall Branch and Yaya Centre Branch, Muthaiga Branch, Yaya Centre Branch, Industrialisation Area/ Sameer Park Branch and the Treasury Square Branch respectively.

“There will be no interruption to your banking as we have branches within proximity as well as our robust online and mobile platforms allowing you to bank anytime, anywhere 24 hours a day,” the lender said in the notice.

According to its financial results for the year ended December 2019, Kariuki Ngari, Chief Executive Officer said they have over 70 digital services and products on our mobile app, over 85% of transactions conducted through non-branch channels in Retail Banking, and close to 90% of our corporate clients are utilising our Straight2Bank platform.

Kenyan Banks Cutting Back on Branch Services to Contain Spread of Coronavirus