Rafiki micro finance bank limited has assured its customers that the bank is strong and independent and will remain operational.
In an official press statement released this morning, the micro finance institution said that the recent closure of Chase bank has not affected any of its activities.
The bank said that misinformation circulated through social media platforms had sparked panic withdrawals in their branches countrywide affecting it's daily transaction limit.
However, most of its customers remain in panic mode questioning why they were being limited to withdrawals not exceeding Sh10,000 a move which the bank says is aimed at ensuring the bank daily transaction limits are not surpassed.
The bank has further urged its customers to remain calm and cooperate with their staff to ensure smooth continuity of their operations.
The move comes just a day after Chase bank was placed under receivership for failure to meet it financial obligations.