Stanbic Bank Kenya has opened a new branch and signed a Memorandum of Understanding (MoU) with the County Government of Kisumu in a bid to contribute to the growth and development of the county.
According to the bank, the opening of the new branch in Kisumu was in response to the expanding market and the dynamic customer needs. Over the years, the bank has experienced a growing customer base within the region owing to their innovative and digital client solutions. The new branch is set to be a one stop hub where customers can carry out all their banking and transaction needs 24/7 anytime with the inclusion of Cash Deposit Machines and ATMs.
“Over the years, we have taken a proactive and intentional approach to understanding our customers and their ever-increasing needs. Our customers are gradually more in need of convenience, efficiency and user-friendly solutions.” Stanbic Bank Kenya Chief Executive, Mr. Charles Mudiwa said during the branch opening.
Stanbic Bank Foundation
Following the branch opening, the Stanbic Kenya Foundation signed an MoU with the county government to offer training on digital knowledge and skills; training on entrepreneurship and access to markets; availing affordable financing to mass market and corporates; and exploring ICT innovations around renewable energy, environment and climate change, empowering the youth, women and MSMEs towards building strong enterprises in line with UN Sustainable Development Goals (SDGs). In addition to this, the partnership will see 1,000 government employees upskilled and seconded to the program as instructors. The digital skills training is a major boost to the Kenya government’s Digital Economy Blueprint, which among others, aims to foster innovation-driven digital enterprise.
During the MoU signing ceremony, Kisumu County Governor, H.E. Prof. Nyong’o noted, “Kisumu is open to collaborate with strategic partners who can contribute to turning the county into an economic hub. I believe that this partnership with Stanbic will help my administration unlock our full potential by investing in SMEs and individuals.”
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