Credit Bank has launched a new digital platform, Online Bid Bonds, to expedite the bid bond application process for businesses.

• The platform reduces bid bond generation time from hours to as little as five minutes.
• This initiative aims to improve businesses' access to tender opportunities and is part of Credit Bank's digital transformation strategy.
• The system aligns with Kenya's electronic government procurement requirements and supports payments via M-Pesa, issuing bonds up to Sh20 million.