HOMA BAY: The NCBA Bank has inaugurated a new branch in Homa Bay town, aiming to make financial services more accessible to local residents. This strategic move marks the establishment of the bank’s 98th branch and underscores its commitment to expanding its footprint in the region.
According to Kenya News Agency, Tirus Mwithiga, NCBA’s Group Director for Retail Banking, highlighted the significance of the new branch, noting that previously, customers in Homa Bay County had to travel to Kisii or Kisumu to access NCBA’s services. This, he stated, posed considerable inconvenience to the clients, prompting the decision to open a branch in Homa Bay town.
Mwithiga emphasized NCBA’s dedication to serving the local economy and delivering exceptional service. He also mentioned that the bank has formed strategic partnerships within several key economic sectors, such as retail trade, transport, farming, education, and the blue economy. Mwithiga expressed confidence that NCBA’s presence in Homa Bay would empower indiv
iduals and small businesses, stating, “In providing solutions and excellent services, we believe we will capture a fair share of the market.”
During the official opening, Homa Bay Governor Gladys Wanga welcomed the bank’s entry into the county, highlighting its potential to spur economic growth. She pointed out that financial institutions play a vital role in promoting a culture of saving and borrowing for investment. Governor Wanga also encouraged investors from various sectors to consider Homa Bay as a viable investment destination.
Governor Wanga expressed optimism that NCBA’s establishment in Homa Bay would offer business operators enhanced opportunities to access finance, acting as a catalyst for financial inclusion and bridging the gap for those with limited access to banking services. She emphasized the importance of financial literacy and a culture of savings and investment in improving the living standards of the local population.
Isaac Owila, NCBA Group Director for Technology and Operations, men
tioned the bank’s focus on tapping into untapped market opportunities and developing financial solutions that support all sectors of the economy. Meanwhile, Homa Bay’s Chief Officer for Finance, Alphonce Wera, highlighted the county’s diverse investment opportunities and the role of banks in enabling investments in fishing, agriculture, tourism, manufacturing, and other sectors. Wera urged banks to design products catering to small and medium enterprises as well as high-end investors.
