The Kenya Bankers Association (KBA) is set to kick off its quarterly “My Chat with a Bank CEO” event this month, hosting live sessions with Chief Executives (CEOs) of local banks and the public.
The forum is an online forum by Kenya Bankers Association (KBA) where various bank CEOs engage online users on topical issues in the banking industry and share a few bank-level perspectives, the chat largely focuses on industry-level discussions and industry-level thought leadership.
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KBA’s Online Chat CEOs Line Up
Making up the KBA CEO Chat line-up for this quarter are Ronald Marambii CEO Bank of Africa, Peter Makau CEO DIB Kenya and Joseph Njuguna CEO Rafiki Microfinance Bank.
Ronald Marambii, CEO; Bank of Africa
The Friday Chat will be hosted by Bank of Africa CEO Ronald Marambii who will explore opportunities moveable assets present in facilitating further access to credit, particularly for SMEs.
Ronald Marambii will broadly explore opportunities that the Moveable Property Security Rights Act (MPSR) presents to MSMEs to access credit, featuring discussions on ways the use of the MPSR can be expanded. The MPSR sought to facilitate the use of moveable property as security by both individuals and corporates, introducing new types of collateral that can be used to secure credit.
The chat room is set to open at 9:30 A.M East African Time while the session with the CEO starting promptly at 10:00. Ability to post comments and questions to the CEO is given on a first come first served basis.
Peter Makau, CEO; DIB Kenya
Peter Makau is Set to host the second session of my chat with a bank CEO on March 18th covering Islamic Finance Business Expansion Opportunities.
Islamic finance was introduced in Kenya more than a decade ago following the introduction of Sharia-Compliant banking in the country. Since its inception the banking model has grown rapidly, making Kenya a leading regional market for Islamic banking. Various banks have entered the market, leveraging on investment opportunities presented by the financing option.
Currently, there are three fully fledged Islamic banks in Kenya. To keep pace with demand, some banks have set up an Islamic banking desk, a specialised operational entity.
Joseph Njuguna CEO Rafiki Microfinance Bank
The third session scheduled for March 25th is set to be held by Joseph Njuguna discussing Intellectual property as possible collateral for youth loan.
According to a report by the British Council, Kenya’s creative sector contributes 5 percent to the national GDP, creating jobs and is a contributor to a happier and healthier lifestyle. There is no doubt that the creative industry, ICT and research have a present a great potential to banks to extend credit.
Joseph Njuguna therefore, aims to shed light on ways by which Intellectual Property—particularly developed by the youth— can be leveraged upon to facilitate access credit. One of the key challenges has been the informal nature of most creative enterprises, lack of sufficient business management skills, and low levels of awareness on existing opportunities of access to formal credit.
Interested Participants can register on chat.kba.co.ke, where the chat sessions will be hosted
Read also; KBA CEOs Gear Up for Online Live Chats this May.