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KCB reviews mpesa, cuts rates, resumes lending on mobile platform

NAIROBI, KENYA: KCB Bank has enhanced the capacity of its flagship mobile platform KCB MPESA, cut interest rates and resumed lending on the product, effectively boosting the lender’s financial technology agenda.

KCB Group CEO and MD Joshua Oigara said the adjustment on the product which was occasioned by a technical hitch which hit the platform last week affecting disbursement of loans, was meant to guarantee better services and enhance security.

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