13. DATA PROTECTION
- The Borrower, by entering into this agreement, and, by opting in, consents to the provision of the Borrower’s personal data to the Bank and for the processing by the Bank of the Borrower’s personal data. In furtherance of this Agreement, the Borrower’s personal data shall be processed in accordance with the Bank’s Data Protection Policy and Privacy Notice on the protection of individuals with regard to the processing of personal data and on the free movement of such data. Such data shall be processed solely in connection with:
- the implementation and follow-up of the obligations in this agreement, for effecting and providing the facility to the Borrower, as well as for analysis, credit scoring and without prejudice, to the possibility of passing the data to the bodies responsible for inspection and audit in accordance with Data Protection Act, 2019 Laws of Kenya (Act 24 of 2019) and/or third parties who may be engaged by the Bank in the furtherance of its obligations and rights as provided by the terms of this agreement.
- the Borrower’s personal data shall be processed for the purpose of direct marketing by the Bank.
- The Borrower may, on written request, gain access to their personal data and correct any information that is inaccurate or incomplete.
- In accordance with the Bank’s General Terms & Conditions and the Bank’s Privacy Notice, the Borrower may object at any time to the processing of their personal information for direct marketing purposes, including profiling for the purposes of direct marketing. The Borrower may therefore exercise this right by unsubscribing from the service as provided in the Bank’s Privacy Notice. The Borrower may also unsubscribe from direct marketing by opting-out of all future direct marketing by sending a single word instruction to the specific number that shall be provided to the Borrower by the Bank.