Wednesday, June 23, 2010 – M-PESA customers can now withdraw money from DTB’s 29 ATMs country-wide 24-hours daily, following the implementation of a strategic business relationship between DTB, PesaPoint and Safaricom.

“The service will provide convenience, privacy, security and most importantly cash availability to customers,” said  DTB’s Head of Money Transfer Services Ms. Stella Mulandi, adding that the bank’s customers will also be able to purchase air time through the banks ATMs.

“Through this partnership our highly innovative and award winning cardless M-Pesa service is now available at DTB ATMs. This is great news for M-Pesa customers as it extends the network of useable ATMs available to them which provide a reliable source of cash day and night” Bernard Matthewman, CEO of the Paynet group added.   Mr. Matthewman proceeded to congratulate DTB for their continuous drive of providing new and innovative services.   

DTB’s 29 ATMs are located at all major towns spread across the 6 of the 8 provinces of Kenya and are manned by security guards throughout the day and night.

DTB’s move to partner with one of the most innovative money transfer services, Safaricom’s M-PESA, comes in the wake of the bank’s plans to increase its banking footprint within and outside the East African region.

In 2009, DTB increased its branch footprint in East Africa from 30 to 57, stretching from Arua in Uganda to Zanzibar on the East African seaboard. DTB Kenya also expanded its footprint in other East African markets following the opening of two branches in Burundi, the first Kenyan bank to do so.

DTB is an affiliate of the Aga Khan Fund for Economic Development (AKFED), the economic development arm of the Aga Khan Development Network. Amongst the bank's key shareholders are Habib Bank Limited (HBL), an AKFED subsidiary, and the International Finance Corporation, the private lending arm of the World Bank.