Economy

NCBA Bank Moves to Kitui for Local Empowerment with New Branch

Metropol reported on NCBA’s "No Monthly Fees" initiative for business accounts, helping reduce financial burdens on SMEs as loan rates rise. The Kitui branch bolsters NCBA’s role as a key player in regional development.

NCBA Bank has opened a new branch in Kitui, reinforcing its dedication to accessible financial services and local community support. This expansion aligns with NCBA’s mission to drive economic growth in key sectors like construction, education, and transport—integral to Kitui’s development. The bank’s strategy emphasizes financial inclusion, aiming to empower both individuals and businesses within the region.

Supporting local development goals

Urbanus Muthoka, the new manager of the Kitui branch, expressed NCBA’s commitment to regional growth, emphasizing that the branch goes beyond financial services to offer a meaningful investment in Kitui’s future. “We’re celebrating more than a new branch today; we’re celebrating a deeper commitment to Kitui’s people and businesses,” Muthoka stated. With products ranging from savings accounts to loans tailored to small businesses, NCBA aims to empower local enterprises and bolster economic stability.

Backing growth in key sectors

Tirus Mwithiga, NCBA Group Director of Retail Banking, highlighted the bank’s dedication to supporting vital sectors. “The launch of the Kitui branch is a significant step in our mission to serve this vibrant community,” he said, emphasizing that the bank aims to support local businesses and enhance the banking experience for residents. NCBA provides critical financing tailored to high-impact sectors like construction and transportation, essential for Kitui’s economic transformation.

Metropol reported on NCBA’s “No Monthly Fees” initiative for business accounts, helping reduce financial burdens on SMEs as loan rates rise. The Kitui branch bolsters NCBA’s role as a key player in regional development.

Community-focused impact

Kitui Governor Dr. Julius Malombe, attending the branch opening, praised NCBA’s expansion, describing it as a “vote of confidence in Kitui.” He noted the new branch would support local SMEs, create economic opportunities, and expand essential banking services for residents.

NCBA’s growing presence in Kitui underscores its commitment to long-term financial empowerment and sustainable community support. By promoting financial inclusion and backing entrepreneurial efforts in underserved areas, NCBA aims to foster economic resilience and support Kitui’s continued growth and prosperity.

 

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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