Stanchart Kenya launches banking app

Stanchart app
From left, Edith Chumba.Ag Head of Retail Banking Kenya, Standard Chartered Bank Kenya CEO Kariuki Ngari (centre) and Sammy Mwiti Head of Digital Banking Kenya during the launch of the SC mobile Digital Bank app in Nairobi. PHOTO/COURTESY:

Lender Stanchart on Monday launched a new digital banking application that will allow the bank’s customers to access over 68 services right from the comfort of their mobile devices.

The app, dubbed SC Mobile Digital Bank, will among other things allow clients to open bank accounts and conduct transactions while safeguarding their wealth in the process.

According to a news report by Capital FM, Stanchart’s Kenyan based Managing Director and CEO Kariuki Ngari explained that the move was instigated by the need to provide the bank’s customers with round the clock innovative and efficient banking services.

 “In response to growing consumer demand for innovative banking services, our clients will be able to enjoy the convenience of banking on the go, anytime and anywhere, along with a consistent online experience,” the Stanchart MD is quoted as saying by Capital FM during the launching of the app in Nairobi.

 “In a nutshell, our clients do not need to stop doing what they are doing to do banking; the Bank is now available at the palm of their hands; anywhere, anytime, anyhow,” he added.

The Capital FM report similarly states that the lender will focus on technology and innovation to enhance its banking services moving forward.

The move comes just a fortnight after Stanchart completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana. The bank also announced that Kenya would follow suite soon as part of the bank’s overarching digital transformation strategy for the African continent.

In the local scene, the lender last week closed its Malindi branch as it braces itself towards the complete adoption of digitally oriented banking.

The shift to online banking may however yield bad news for staff and workers of the bank with substantial job cuts expected to occur as a result of the move.


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