National Bank of Kenya (NBK) has launched its Gikomba Branch in Nairobi bringing to 83 the total number of branches that the bank has spread across the country.

Paul Russo, The bank’s Managing Director said the Gikomba Branch in Nairobi County is one of four branches that the bank is setting up, as party of its strategy for turning around the bank and setting it on the growth path.

“In this regard, we are reinvigorating our physical presence even as we revamp our digital channels. All this is geared towards ensuring that we consistently deliver an unmatched experience to our customers through bespoke financial solutions,” Russo added.

The Gikomba Branch becomes the first one opened by the bank since its successful acquisition by KCB Group Plc in September 2019. The acquisition was followed by a KSh5 billion capital injection to meet regulatory requirements and to finance its operations, including branch expansion.

The new branch seeks to tap into the vibrant economic activity in Gikomba Market, which is best known for trade in imported second-hand clothes and shoes.

The Director of Retail Banking at National Bank, Cromwell Kedemi said that through the branch, the bank will enhance its engagement with the business community in the area.

“We are betting on small and medium-sized businesses in this country. We would like to partner with the business community in Gikomba and the rest of the country to enable them to thrive, create jobs and deliver other economic benefits. We have a robust suite of innovative financial solutions, attuned to needs of business people,” Kedemi added.

The Gikomba Branch is offering National Bank’s propositions for businesses and individuals, ranging from financing to transactional services and investments, all tailored to meet individuals’ and businesses’ unique needs wholesomely.