The National Bank of Kenya (NBK) has entered into a fresh agreement with the Company in a loan restructuring program for employees who benefited from the facility.
Employees having active loans with NBK Bungoma branch are at liberty to update their repayment terms through the restructuring arrangement.
The move is aimed at reaching out to interested staff members on a mutual agreement at personal level to clear the loan at their convenience in terms of amount to be deducted and the duration of repaying the loan.
Mr. Chrispine Otieno, the branch manager National Bank Bungoma, stated that the offer is valid for two weeks are therefore affected employees should update their records to meet their repayment ability.
Mr. Otieno said the initiative was made a success after the National Bank headquarters approved the program for Nzoia sugar staff loan beneficiaries.
Acting Human Resource Manager Mr. Shadrack Masinde urged employees to take advantage of the facility.