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Faida Investment Bank Allows Clients to Remotely Open CDSC Accounts

Faida Investment Bank, one of Kenya’s leading retail brokerage firms has become the second broker to allow clients set up their CDSC Account remotely.

The revelation was made when Mr. Karina, who also serves as the vice chair of the Nairobi Securities Exchange was hosted in a local online show where he had been invited to discuss life,money with matters investing taking the center stage as viewers asked lots of questions regarding investing during this time of a global pandemic.

This process has been automated, and now reduces the paperwork as well as limits interaction between investors and stock brokers who one must go through to access the exchange during this time when the country is fighting Covid.

Clients are able to download Faida M-Trader Application on their mobile phone, fill in details and get their CDSC Account number sent to them  at instant.

The Application will also enable investors an deposit funds directly into their accounts using M-Pesa and access other features such as portfolio valuation reports and also view the real time securities feed as well as access the investment bank’s reports.