Bonds & Guarantees

These are commitments by the bank to support your contractual obligations to third parties.


Application form duly executed.

Fees & Rates

  • Bonds - 2%p.a. (min Kes. 3,000) plus 10% excise tax  
  • Guarantee - 0.5%per quarter payable in advance
  • Issue commission (Unsecured) - 3%p.a. (min Kes. 5,000)                        
  • Issue commission (secured) - 2%p.a. (min Kes. 3,000)                              
  • Renewal commission (Unsecured) - 3%p.a. (min Kes. 5,000)                        
  • General Amendment - Kes. 2,000     
  • Cancellation Commission - Kes. 500
  • Claims Processing - Kes. 2,500


  • Guarantees can be for any amount (subject to availability of suitable facilities) and in any freely traded currency
  • Bonds and guarantees can usually be issued in the buyer’s currency                                         
  • You want to provide assurance that you can meet your contractual obligations                     
  • Help tender for business that may otherwise have been out of reach                                      
  • We issue Bid Bond /Tender Guarantee, Performance Guarantee, Retention Money Guarantee, Custom Bonds  and Stand by Letter of Credit (SBLC)



  • Enables you to provide your buyer with a financial commitment to supply goods or services as agreed under a contract
  • Demonstrates your financial credibility and underpins your ability to meet contractual obligations
  • Enables you to make your proposition more attractive to your buyer
  • Allows you flexibility on negotiating contract terms because our Bonds and Guarantees can be issued in the buyer’s currency                        
  • Our wide range of bonds and guarantees can support you throughout the life cycle of the contract                                  
  • Provides a choice of standard or custom made wordings, enabling us to give you and your buyer the bond or guarantee that meets your specific needs  


A Business Tip Every SME Owner Should Know

The biggest problem founders and owners of small businesses have is that they are experts in

Always Budget When You Borrow Money

Before you borrow money, ensure you can make the monthly payments.

Failure to do so

Asset Finance TIPS

Starting a business is a tricky affair. Maintaining the business momentum and a competitive edge