K2MILLON ANNUALLY SPENT ON SECURITY FOR BANK


November 26, 2021 - 493 views

The CEO for Kina Bank has revealed that the bank spends up to K2 million annually just on security services alone, due to handling and transporting cash. 

CEO Greg Pawson explains that transporting of in and out of a bank branch, especially to a secondary location is very risk, and requires high level of security.

Mr Pawson adds that this is a core reason for the bank going digital, and he’s encouraging their customers to use its online platforms to do banking. 

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