At Katsu MFB Limited, we treat your personal information as private andconfidential. We are dedicated to protecting your privacy and providing you with the highest level of security at any point of your interaction with us. This Privacy Policy describes what personal information we collect, what we do with it and how we protect it.
This policy (together with our Terms and Conditions) sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it. By continuing to visit our website (www.katsumfb.com) and other Katsu MFB customer touchpoints, you accept and consent to the practices described in this policy.
Information we collect and use
We collect information about you from a variety of sources, such as website visits, applications, identification documents, curriculum vitae, personal financial statements, interactions with relationship managers, and other thirdparties (credit bureaus, payment gateways, other financial institutions etc), and other written or electronic communication reflecting information such as your name, address, passport details, identification numbers, biometricinformation, telephone number, contact list, images, location, occupation, assets, income and any other information we deem necessary.
We may use your transactional account history including your account balance, payment records, debit/credit card usage, information received from third parties such as family, solicitors, friends, or employers, website/ social media pages made public by you, government agencies, regulators, supervisory or credit agencies for the intended purpose as stated herein. - We may also collect other information such as video footage of you whenever you step into any of our branches, telephone conversations when you call any of our contact centre lines, and geographic information of any of our branch ATMs when you use our ATMs. - We also collect data from “Prospective Employees” for recruitment purposes, including for medical screening.
Cookies are small text files stored on your computer or mobile devices whenever you visit a website. Cookies have many uses, such as memorizing your preferences to tailor your experiences while on our site– or to help us analyze our website traffic. Katsu MFB uses cookies to improve your experience while on this site. We would like to let you know a few things about our cookies:
Some cookies are essential to access certain areas of this site;
We use analytics cookies to help us understand how you use our site to discover what content is most useful to you. Kindly refer to our cookie policy below for more information on cookies.
A “cookie” is a small text file stored on your computer, tablet or phone when you visit a website. Some cookies are deleted when you close your browser; these are known as session cookies. Others remain on your device until they expire, or you delete them from your cache; these are persistent cookies and enable us to remember things about you as a returning visitor. To find out more about cookies, including how to see what cookies have been set and how to manage and delete them, visit http://www.allaboutcookies.org/. You are migrating from Katsu MFB a secure site to a third-party website by clicking and opening this link. We make no representation of the security features on the site or the level of security available on the site. It is your responsibility to protect your devise or system through which you access the third party's website. Alternatively, you can search the internet for other independent information on cookies.
We use both SESSION COOKIES (which expire once you close your web browser) and PERSISTENT COOKIES (which stay on your device until you delete them).
We have also grouped our cookies into the following categories to make it easier for you to understand why we need them:
Cookies do not contain any information that personally identifies you, but personal information that we store about you may be linked, by us, to the information stored in and obtained from cookies. The cookies used on this website include strictly necessary cookies for access and navigation, cookies that track usage (performance cookies) and remember your choices (functionality cookies). We may use the information we obtain from your use of our cookies for the following purposes:
The applicable legislation allows us to process personal data, so long as we have a processing ground under the law to do so.
When we process your personal data through cookies, we rely on one of the following legal grounds for processing:
This Cookie Policy may be changed from time to time in the event of new applications, if our services require this or if the applicable legislation requires it.
Please do not hesitate to contact us using the contact details on our website if you have any questions or queries regarding how we use cookies or anything else on our website. The objective of this policy is to communicate what cookies are, how the Bank uses cookies and the options available to customers for managing cookies when using the Bank's website.
The collection and use of personal data by Katsu MFB is guided by certain principles. These principles state that personal data should:
Any personal information provided by you to Katsu MFB will be used with your consent, or when we have another lawful reason. These include
We may also collect, use and exchange your information in other ways permitted by law.
We sometimes use automated systems and software to help us reach decisions about you, for example, to make credit decisions, to carry out security, fraud and money laundering checks, or to process your data when you apply for some of our products and services.
This type of processing is carried out under lawful basis and you can contact us to request that automated processing be reviewed by a human being if you detect any inaccuracies in your personal data.
We may share the information about you and your dealings with us, as collected and for such use above, and to the extent permitted by law or by you, with the following:
We may also disclose information about you if we determine that disclosure is reasonably necessary to enforce our terms and conditions or protect our operations or users. Additionally, in the event of a reorganization, merger, or sale we may transfer any and all personal information we collect to the relevant third party.
Information about our customers and their usage of our website is not shared with third parties for their marketing purposes. We do not disclose any information about any user's usage of our web site except in specific cases, and we do not share information with any unaffiliated third parties for marketing purposes unless you expressly give us permission to do so.
We take appropriate technical and organizational measures to prevent loss, unauthorized access, misuse, modification or disclosure of information under our control. This may include the use of encryption, access controls and other forms of security to ensure that your data is protected. We require all parties including our staff and third-parties processing data on our behalf to comply with relevant policies and guidelines to ensure that information is protected in use, when stored and during transmission.
Your personal information with us remains secure because:
Where we have provided you (or where you have chosen) a password which grants you access to specific areas on our site, you are responsible for keeping this password confidential. We request that you do not share your password or other authentication details (e.g. token generated codes) with anyone.
All Personal Information you provide to us is stored on our secure servers as well as secure physical locations and cloud infrastructure (where applicable) for the purposes of providing seamless services to you, including but not limited to ensuring business continuity, the data that we collect from you may be transferred to or stored in cloud locations at globally accepted vendors' data centre. Whenever your information is transferred to other locations, we will take all necessary steps to ensure that your data is handled securely and in accordance with this privacy policy.
How long we store your information
We retain your data for as long as is necessary for the purpose(s) that it was collected. Storage of your data is also determined by legal, regulatory, administrative or operational requirements. We only retain information that allows us comply with legal and regulatory requests for certain data, meet business and audit requirements, respond to complaints and queries, or address disputes or claims that may arise.
Data which is not retained is securely destroyed when it is identified that is no longer needed for the purposes for which it was collected.
You have certain rights available to you, these include
You also have the right to:
Applicability of this privacy policy
Katsu MFB or the Bank refers to Katsu Microfinance Bank Limited. Katsu Microfinance Bank Limited comprises Katsu MFB branches nationwide.
Katsu MFB may interact with registered users of various social media platforms, including Facebook, Twitter, Google+, LinkedIn and Instagram. Please note that any content you post to such social media platforms (e.g. pictures, information or opinions), as well as any personal information that you otherwise make available to users (e.g. your profile) is subject to the applicable social media platform's terms of use and privacy policies. We recommend that you review this information carefully in order to better understand your rights and obligations with regard to such content.
Katsu MFB hosts a number of social events. Please note that there may be photos and videos taken while attending or participating in these events and by attending this event you agree to be photographed or filmed as this forms part of these events. These pictures and videos may also be posted to our social media platforms and is subject to the applicable social media platforms terms of use and privacy policy.
Keeping your account information accurate and up to date is very important. You have access to your account information, which includes your contact information, account balances, transactions and similar information through various means, such as account statements, SMS Banking, Social Media Banking and Internet Banking. If you discover any inaccuracies in your personal information, please promptly notify us, via our branch network or Contact Centre, and provide the required documentary evidence, to enable us to implement the necessary updates or changes.
Katsu MFB's Policy contains the following disclosure statement for children:“Katsu MFB respects the privacy of children. We do not knowingly collect names, email addresses or any other personally identifiable information from children. We do not knowingly market to children nor do we allow children under 18 to open online accounts.”
Katsu MFB may sometimes contact you with products or services that we think may be of interest to you. If you don't want to receive such promotional materials from us, you can opt out at any time by sending an email to: [email protected]
This policy may be revised on an ad-hoc basis to reflect the legal, regulatory and operating environment and such revised versions will automatically become applicable to you. We will post any revisions we make to our Privacy Policy on this page and such revised policy becomes effective as at the time it is posted. We will notify you when any changes to our privacy policy have been made. We also encourage you to check this page from time to time for updates to this policy.
Questions, comments and requests regarding this privacy policy are welcomed and should be addressed to: [email protected] To contact our Data Protection Officer, kindly address your request to “The Data Protection Officer” at No 12 Station Road, Agbado Ifo, Ogun State.