Consolidated Bank targets churches in growth drive
Posted Friday, July 20 2012 at 19:15
Consolidated Bank is remodelling its services and products, targeting churches and special groups in a new growth drive.
In a meeting organised by the bank for over 200 pastors and church officials in Kitengela’s Maasai Discovery on Friday, bank officials said they would partner with church organisations for growth and development.
According to the bank, churches have a direct link to a large percentage of Kenyans and many run viable businesses that need banking support.
The bank, which has been in existence for over 20 years, has 17 branches countrywide. Early this year, it opened two branches in Kitengela town and Embakasi.
“We are growing and this is shown in the increase of customers. We need to grow with all those connected to the people, like churches and pastors,” said Kitengela branch manager Kevin Munyeki.
The bank promised faster services and more value-added products. The government holds 51 per cent shares of the bank.