The NCBA bank has opened a branch in Homa Bay town as part of its efforts to take financial services closer to people.
The bank’s Group Director for Retail Banking Tirus Mwithiga said they were opening the 98th branch in Homa Bay town.
He said customers from the county previously had to travel to either Kisii or Kisumu town to access the bank’s services.
Mwithiga noted that this caused a lot of inconvenience to the clients necessitating the opening of the Homa Bay town branch.
“NCBA is dedicated to serving the economy and we will ensure we will deliver exceptional service,” Mwithiga said.
Speaking during the official opening of the bank in Homa Bay town, the NCBA official said the bank boasts of strategic partnerships within key economic sectors, including retail trade, transport, farming, education and the blue economy.
Mwithiga said he was confident that the bank’s presence in the town will empower individuals and small businesses.
“In providing solutions and excellent services, we believe we will capture a fair share of the market,” he said.
Homa Bay Governor Gladys Wanga who attended the occasion said her administration welcomes financial institutions into the county to spur economic growth.
“Such kinds of partners are good for our county because they promote the culture of saving and borrowing for investment,” Wanga said.
Wanga said Homa Bay is open for investments and urged investors in all sectors to invest in the county.
She said through financial institutions they are able to promote financial literacy and enhance a culture of savings and investment that uplifts the living standards of the people.
“Establishment of NCBA bank in Homa Bay will give business operators an opportunity to access finance for economic growth. We hope the bank will serve as a catalyst for financial inclusion and bridge the gap for people who had limited access to banking services,” the Governor said.
NCBA Group Director for Technology and Operations Isaac Owila said the bank will also focus on bridging untapped market opportunities while at the same time developing financial solutions that support all sectors of the economy.
Homa Bay Chief Officer for Finance Alphonce Wera said they have various opportunities for investment and having more banks in the county will enable investors to put money in areas such as fishing, agriculture, tourism, manufacturing and other sectors.
“Banks should design products targeting all small and medium enterprises as well as the high end investors,” Wera said.
By Davis Langat
