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UBA launches Sh50 mobile savings plan

From left: UBA Kenya CEO Tunji Adeniy, Speaker of the National Assembly Justin Muturi and UBA Kenya chairman Ngugi Kiuna during the launch of a mobile banking savings account at the Sarova Stanley hotel on Thursday. Photo/Salaton Njau

UBA Kenya Bank, a subsidiary of Nigeria-based United Bank of Africa, has launched a mobile banking product targeting to promote savings by-low income earners.

Akiba Mkononi, a partnership with mobile phone services provider Airtel Kenya, allows subscribers to open and manage accounts from a mobile phone and earn interest.

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