NCBA Bank has officially opened a new branch in Kitui County, situated in the Chief Kitonga Building in Kitui town. This opening, following the bank’s recent expansion into Nyahururu, underscores NCBA’s commitment to promoting economic growth and improving access to financial services throughout Kenya.
The Kitui branch aims to provide a diverse array of affordable financial products tailored to meet the unique needs of the local community. Notably, the new branch offers specialized financial solutions, including construction loans and asset financing for essential services such as hardware supplies and school buses.
NCBA Group Managing Director, Mr. John Gachora, highlighted the untapped opportunities within the Kitui market, referencing the bank’s broader expansion strategy across Nyandarua and Laikipia counties.
“The significant agricultural output and captivating tourist attractions in these regions provide a vibrant landscape for development,” he stated. The bank’s outreach is ambitious, targeting public sector banking and seeking to engage clients from diverse sectors, including schools, churches, SACCOs, and hospitals, thus promoting financial inclusion in a county of about 1.2 million residents.
The new Kitui branch is already showing promising results, with a growing customer base of 668, alongside an additional 430 clients in Nyahururu. These customers have shown significant interest in NCBA’s diverse financial offerings, including asset finance, construction loans, and money market accounts.
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As NCBA expands its presence, it aims to drive prosperity through innovations such as NCBA Till, mobile banking, and PDQ machines, enhancing convenience and access to financial services.
Kitui County Governor, Dr. Julius Makau Malombe, attended the launch and emphasized the transformative power of accessible financial services in catalyzing local business growth. He encouraged residents to leverage loans responsibly as tools for business development.
NCBA’s strategy for enhancing community engagement includes daily market activations and personalized client visits, aiming to ensure customer satisfaction and foster robust relationships.
As the bank celebrates this milestone, its ongoing expansion efforts stand as a testament to its commitment to regional development, bringing the total number of branches to 97 across Kenya.
