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Wednesday, May 14, 2025

Prudential Bank Completes First Cross-Border PAPSS Transaction to Kenya, Reinforces Commitment to AfCFTA Agenda

Prudential Bank Limited has marked a significant milestone in African financial integration by successfully completing its first cross-border transaction to Kenya via the Pan-African Payment and Settlement System (PAPSS). The transaction, processed to KCB Bank Kenya, represents the Bank’s first PAPSS-based transfer outside West Africa and aligns with broader efforts to promote intra-African trade under the African Continental Free Trade Agreement (AfCFTA).

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