The document outlines a range of business banking solutions offered, including transaction and savings accounts, cash management, trade financing, and business expansion services. Key benefits include flexible account options, attractive interest rates, and access to various financial tools for managing business cash flow. Additionally, it provides contact information for customer support and business banking inquiries.

1. Business Banking
Solutions

2. Business Banking Solutions
• Transaction & Savings Accounts
• Cash Management solutions
• Trade & Working Capital financing
• Business Expansion
• Other banking solutions
• Contacts

3. Cash Management Solutions

4. Transaction accounts (current accounts)
To manage your day to day cash flows, we have designed a variety of
business transaction accounts that fit your needs.
Benefits
•No minimum operating balance
•Low account opening balance
•Offers flexibility to transfer funds from other current or savings account
•Statements of account provided at regular intervals for free
•Free access to mobile and online banking
•Access to an International Visa Debit card
•Access to Business Networks
•Access to a wide range of financial solutions for your business
•You can choose to open an account in any major currency
•Dedicated Relationship Manager

5. We offer savings accounts that enable you to save for short term and long
term needs whilst earning interest.
Benefits
•Attractive interest rates for cash deposits
•No ledger fees or account maintenance fees
•No restrictions on deposits
•Quarterly withdrawals to fit in with business needs
•Choose from a wide range of currencies including Kes, USD, GBP and
Euro
Savings accounts

6. Term deposits
The Fixed or Call Deposit Account is designed to cater to the needs of
business clients who may want to deposit their money in an interest
earning account for a specific period.
Benefits
•Competitive / attractive interest rates
•Varying maturity term periods to suit your needs
•Interest computation on daily balances
•Margin Accounts can be used as security for loans and overdrafts

7. Trade & Working Capital
Financing

8. We appreciate that in the fast-
paced world of modern business,
access to quick and convenient
cash is critical.
We offer the following services:
1. Invoice Discounting
2. Business Term Loans
3. Overdraft facilities
Trade and Working Capital Financing
Our trade services will support
your business with the complexity
of local and international trade.
We offer a range of services which
include:
1. Export Services
2. Performance guarantees
3. Import Services
4. Post-Import Financing
5. Tender bonds

9. Business Expansion

10. Business Expansion
Business expansion requires capital investments, which are basically
medium to long-term investments financed by one or a combination of the
following:
1. Retention of business profits
2. Injection of fresh capital by business owner (s)
3. Financing through bank loans that need to be repaid based on
projected future business cash flows

11. Business Expansion facilities
1. Asset based loans
2. Commercial mortgage (Construction loans, Owner occupier and equity
release)

12. Other Banking Solutions

13. Other Banking solutions
1. Insurance Premium financing
2. Business Entrepreneur club

14. Contacts
Wilfred Musau
Head of Business Banking
0701190384/ 0202888484
musauw@nic-bank.com
Customer Contact Center
customercare @nic-bank.com
Tel 020 2888217, 0711041111,
0732141111, SMS 20488
www.nic-bank.com

15. THANK YOU