BUSINESS

To Mark 10 Years, GTBank Kenya Launches Interest-Earning Account for SMEs

Guaranty Trust Bank entered the Kenyan market in 2013 through the acquisition of Fina Bank Group

Share
GT bank Kenya branches
GT Bank Board of Directors and Management celebrate the launch of GTMazao, during their 10th anniversary event in Nairobi.
Share

Guaranty Trust Bank Kenya is celebrating its 10th anniversary of providing financial services in Kenya. Over the past decade, GTBank Kenya says it has remained committed to fostering growth and empowering individuals, businesses, and communities across the country.

Guaranty Trust Bank entered the Kenyan market in 2013 through the acquisition of Fina Bank Group, marking the beginning of a decade-long journey of delivering innovative financial solutions and building lasting relationships.

To commemorate this milestone, GTBank Kenya has announce the launch of GTMazao, a unique product tailored to support small and medium-sized enterprises (SMEs) in Kenya. GTMazao effectively combines scale and flexibility to offer business owners an opportunity to earn interest on their bank balances with no transaction limits.

Speaking on the milestone, Jubril Adenji, Managing Director of Guaranty Trust Bank Kenya, said: “ The launch of GTMazao reflects our passion for excellence and product innovation and reinforces our commitment to driving economic growth by empowering SMEs as well as the entrepreneurs behind them. We are proud of our accomplishments over the last decade and look positively to the years ahead, as we remain focused on delivering financial solutions that create lasting value for our customers and the communities we serve.”

Kenya boasts approximately 7.4 million MSMEs, contributing over 40% to the country’s GDP. This innovative new product from GTBank Kenya, GTMazao, is positioned to address the financial needs of this very critical sector, supporting MSMEs in realising their fullest potential.

> Security Firm Puts Kenyans on High Alert As Festive Season Kicks Off

Written by
BT Correspondent

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Safaricom to acquire new governance structure with Vodacom's entry
BUSINESS

Safaricom Set for New Governance Structures with Vodacom’s Entry

Safaricom is set to undergo significant corporate changes following Vodacom’s increase in...

Florence Mumbi, also known as Mama Kuku, is a young mother from Kangemi whose life changed after receiving support through the NYOTA Programme.
FEATURED ARTICLE

From Survival to Enterprise: How Kenyan Youth Are Betting on NYOTA to Build the Future

When Florence Mumbi gave birth under difficult circumstances, her future seemed uncertain....

iGaming Fraud Hotspot
BUSINESSTECHNOLOGY

Africa Becomes a Global iGaming Fraud Hotspot

Operators face increasingly sophisticated identity and transaction-related threats

CBK
BUSINESS

CBK Bags Ksh57.8B in Oversubscribed Bond Sale

Investors poured billions of shillings into the government's latest Treasury bond sale....