Barclays takes different route on mobile lending

Barclays Bank of Kenya managing director Jeremy Awori. FILE PHOTO | NMG

Barclays #ticker:BBK might have been among the first banks to introduce ATMs in Kenya but it is among the last to start dispensing cash over mobile phone through its Timiza platform that the lender says has dispensed two million loans to four million customers since inception.

The Business Daily met with BBK managing director Jeremy Awori to talk about this, why they were overtaken and how the bank is navigating its transformation into the Absa brand.

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