New Cooperative Bank centre eyes Diaspora cash

Co-operative Bank Director of Retail and Business Banking division Maurice Matumo (right) shake hands with UAE Exchange Regional Head Africa, Unni Krishnan shortly after unveiling the Bank's Diaspora centre in Nairobi on April 14 2016.Looking on (centre) is Strategic Communications and Investment Promotions President Beldina Auma.The new facility is intended to give Kenyans abroad, including Diaspora Saccos, a 'one-stop shop' service point that is well-resourced to comprehensively handle all their banking needs. [PHOTO: DAVID NJAAGA/STANDARD}

Cooperative Bank has launched a 24-hour service centre dedicated to handling banking needs of diaspora customers.

The one-stop shop, named Diaspora Banking Centre, is seeking to boost the amount of money Kenyans living abroad bring into the country.