By Steve Umidha
UBA Kenya Bank and Kenyatta University (KU) have signed Memorandum of Understanding (MOU) that will see the varsity get more than 300 learners from West Africa.
The partnership is further hoped will boost cooperation between the two institutions in areas of Banking, Investments and student welfare programmes.
The MOU will see more KU students receive Internship and mentorship opportunities with the Bank under the University SWIP programme. In addition, students will access affordable banking services as well as greater participation by the Bank in KU social programmes.
Through the deal signed Friday, the KU students from West Africa will now pay fees and access cash from their parents through UBA networks in West Africa.
Kenyatta University Ag. Vice Chancellor – Prof. Paul Wainaina termed the deal ‘timely’saying it “the increased admission of international students especially from West Africa and sees this partnership with UBA will be very beneficial for the students and their parents to pay their fees more easily.”
UBA Kenya CEO Isaac Mwige said the pact was an assurance that the lender is committed to the Kenya market.
“We look forward to participating in many of Kenyatta University Student Welfare programs such as their Internship and mentorship programs and encourage more organizations to take up the mantle and provide much needed leadership to students as they begin their careers,” said Mwige.
UBA will provide an array of financial products tailor made to KU’s unique needs such as collection of accounts, Tax payment management, various financing and Investment opportunities for the University and world-class financial management service through Online, Mobile and Point Of Sale Channels.
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