
Kingdom Bank Extends Reach with 22nd Branch in Meru
Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya, has opened its 22nd branch in Meru County, with a strategic focus on serving the region’s agricultural community and small-to-medium enterprises (SMEs). This expansion forms a pivotal part of the bank’s growth strategy for 2024, marking Meru as its third new location this year.
The establishment of the Meru branch highlights Kingdom Bank’s dedication to bolstering the economic foundations of the area.
Anthony Mburu, Managing Director and CEO, emphasized the branch’s mission to deliver specialized financial solutions that enhance the vibrancy of Meru’s dynamic agricultural sector and foster the development of local SMEs.
“We are very excited to open our doors in the great county of Meru, known for its productive agriculture and entrepreneurial spirit,” Mburu said. “We welcome all to engage with us as we work to better understand and serve your financial needs.”
The arrival of Kingdom Bank in Meru has been warmly welcomed by Godfrey Mburia, Director at the Cooperative Bank of Kenya, who views the new branch as a significant catalyst for the county’s critical agricultural sector and SME landscape. Mburia expressed optimism for a collaborative partnership.
“We look forward to a strong partnership to drive sustained development and prosperity in the county,” Mburia said. “Together, we will create an environment for businesses to thrive and contribute to overall growth.”
Read Also: Stanbic Bank Pledges Continued Support for SMEs at Changamka Shopping Festival
Located at Ntima Building along Tom Mboya Street in Meru’s main town, the new Kingdom Bank branch forms part of the Cooperative Bank Group, offering an array of digital banking services such as mobile and internet platforms, payment solutions, and access to the extensive Co-op Bank ATM and agent network.
Kingdom Bank remains steadfast in its commitment to empowering SMEs across Kenya with tailored financial solutions. This expansion emphasizes the bank’s dedication to bringing essential banking services closer to businesses, enhancing accessibility, and providing crucial support to fuel their growth aspirations.
More Stories
NCBA Bank Cuts Lending Rate by 1%
NCBA Bank has lowered its base lending rate by one percentage point, trimming it from 15.34% to 14.34% per annum,...
CBN Warns Banks and Fintechs: Strengthen Sanctions Compliance or Face Penalties
The Central Bank of Nigeria (CBN) has issued a firm warning to banks, payment service providers, and fintech companies, urging...
CBK Lifts 10-Year Moratorium on Licensing New Commercial Banks
After nearly a decade-long freeze, the Central Bank of Kenya (CBK) has announced it will start issuing licenses to new...
J.P. Morgan Expands Blockchain Banking with GBP Launch
J.P. Morgan has expanded its blockchain-based payment system, Kinexys Digital Payments, to include British pound sterling (GBP), opening the door...
Access Bank Completes Acquisition of National Bank Of Kenya From KCB Group
Access Bank PLC has officially completed the acquisition of National Bank of Kenya (NBK) from KCB Group PLC. The deal,...
Absa Bank Launches Absa Mzawa Account for Tanzanians Living in the Diaspora
Absa Bank Tanzania has officially unveiled the Absa Mzawa Account, a new banking solution designed specifically for Tanzanians living abroad....
Average Rating