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Select a Provider for Your Bid Bond

Choose a bank, microfinance institution, or insurer to issue your bid bond. Each provider's tile is tinted with its own brand palette so you can spot familiar names instantly.

Tender
Scaling-Up Climate Resilient water services through Supply, installation, testing and commissioning of no. 2 surface pumps for Malakisi Water supply
Entity
Busia County Government
Bond Amount
Ksh 400,000

Banks

6
Kenya Commercial Bank logo
BankDigital

Kenya Commercial Bank

4.8·KCB

Largest bank in East Africa with full digital bid-bond issuance and same-day approval for vetted SMEs.

Processing
24 hours
Fees
1.5% of bond amount
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KCB4.8
Processing
24 hours
Fees
1.5% of bond amount
Estimated feeKES 6,000
Absa Bank Kenya logo
BankDigital

Absa Bank Kenya

4.5·Absa

Wide branch network and corporate banking expertise. Good for repeat bidders.

Processing
48 hours
Fees
1.7% of bond amount
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Absa4.5
Processing
48 hours
Fees
1.7% of bond amount
Estimated feeKES 6,800
NCBA Bank Kenya logo
BankDigital

NCBA Bank Kenya

4.6·NCBA

Fast turnaround through Loop digital platform; competitive on infrastructure tenders.

Processing
24 hours
Fees
1.6% of bond amount
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NCBA4.6
Processing
24 hours
Fees
1.6% of bond amount
Estimated feeKES 6,400
Co-operative Bank logo
BankDigital

Co-operative Bank

4.5·Co-op

Strong relationships with government parastatals and SACCOs. Reliable for county tenders.

Processing
24-72 hours
Fees
1.8% of bond amount
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Co-op4.5
Processing
24-72 hours
Fees
1.8% of bond amount
Estimated feeKES 7,200
Equity Bank Kenya logo
BankDigital

Equity Bank Kenya

4.7·Equity

Aggressive SME pricing and a fully digital application portal. Strong fit for new bidders.

Processing
12-48 hours
Fees
1.2% of bond amount
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Equity4.7
Processing
12-48 hours
Fees
1.2% of bond amount
Estimated feeKES 4,800
Standard Chartered Kenya logo
Bank

Standard Chartered Kenya

4.6·StanChart

Best for high-value international tenders and consortia with cross-border guarantees.

Processing
48-72 hours
Fees
2.0% of bond amount
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StanChart4.6
Processing
48-72 hours
Fees
2.0% of bond amount
Estimated feeKES 8,000

Microfinance Institutions

3

Insurance Providers

2