Kenya’s NIC Bank upgrades Mobile Banking App


NIC Bank has upgraded its mobile banking app allowing customers in Nairobi to trade their shares using their phones right from their hands.

mobile-banking app

NIC said the mobile banking app, which was rolled out last year after converging lifestyle and banking for clients, makes sure that the markets and customer’s funds are never far from reach. It allows customers access stock prices, view portfolio valuations, retrieve statements, view account status and get instant market tips and updates.

Customers can now use the banking app to access the Nairobi Securities Exchange from anywhere and trade shares at their own convenience. This new functionality has features that enable customers to access bank accounts and provides services beyond normal banking solutions.

Catherine Karita, NIC Securities’ general manager, stated: “This adjustable trading platform offers great mobility by bringing the NOW factor to the NIC Securities customers investment experience.”

The banking app is the first to be rolled out after the move by CMA (Capital Market Authority) allowing the Nairobi Securities Exchange to roll out structures and rules.