Business_News

Consolidated Bank targets churches in growth drive

  Share Bookmark Print Rating
By NATION CORRESPONDENT
Posted  Friday, July 20  2012 at  19:15
SHARE THIS STORY

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.


                   
 

IN PICTURES: Kismayu gets new lease of life

Lonnie Langston stands near his garage that was swept off the concrete pad next to his house by a tornado May 20, 2013 near Shawnee, Oklahoma. AFP

IN PICTURES: Tornado hits Oklahoma City, US

IN PICTURES: Uganda Police raid Monitor

IN PICTURES: Police gun down two terror suspects