NCBA has today announced the launch of its newest branch in the vibrant Eastleigh neighborhood at the newly opened Business Bay Square Mall, marking a strategic expansion milestone that seeks to tap into the thriving business community in the area. This significant development underscores NCBA’s unwavering commitment to grow its retail banking portfolio while delivering accessible financial solutions to its customers.
This landmark inauguration closely follows the successful launch of NCBA’s Kahawa Sukari branch last month, showcasing the bank’s dynamic growth and its dedication to catering to diverse financial needs across the country.
Tirus Mwithiga, Group Director for Retail Banking, emphasized the vital role of NCBA’s branch expansion initiative in meeting the evolving needs of its customers. He expressed that this expansion underscores NCBA’s dedication to serving as a trusted financial partner on its customers’ journey.
He stated, “As NCBA, we are deeply committed to contributing to economic growth and prosperity in the region. Our goal is to deliver top-notch financial solutions that are both globally innovative and locally tailored. This latest branch in Eastleigh serves as a gateway to supporting the vibrant business community of the area. Eastleigh, with its significant contribution to Nairobi County revenues holds immense potential to become a cornerstone of the country’s growth.”
The Group Director underscored NCBA’s focus on championing local enterprises through personalized banking solutions, with a special emphasis on Small and Medium Enterprises (SMEs) pivotal contributors to economic dynamism, innovation, and job generation. The Eastleigh branch extends a comprehensive suite of banking solutions, encompassing credit facilities for business expansion, corporate banking services, retail offerings and forex.
As a prominent player in asset finance, NCBA is keen on supporting the growing construction industry in the region. NCBA’s Asset Finance division empowers individuals, SMEs, and corporations to acquire assets including motor vehicles, through swift and flexible financing solutions.
NCBA’s solutions traverses several other diverse sectors including retail trade, hardware, education, healthcare, and more. With an established footprint in both corporate and retail banking throughout the nation, NCBA remains steadfast in its mission to propel businesses and individuals towards prosperity.
Hon. Yusuf Hassan, MP Kamukunji, commended NCBA’s initiative, highlighting its potential to amplify economic prospects in the area and Kamukunji Constituency. He emphasized the pivotal role of financial inclusivity in fostering equitable economic expansion and prosperity.
The inauguration of the NCBA Eastleigh branch, which will be looking to offer financial solutions to the over 2000 SMEs in the mall, further underscores NCBA’s strategic role in driving regional economic advancement, contributing substantially to Nairobi County’s overall growth trajectory.
Eastleigh contributes nearly 30% of the revenues of Nairobi County, underscoring the importance of this community in driving the economy of the county and country at large.
NCBA’s ambitious vision for 2023 entails further elevating its branch network by launching an additional ten branches by year-end.