National Bank of Kenya (NBK) and Centum Real Estate have unveiled a strategic partnership to make home ownership more accessible. The collaboration has created a suite of tailored financing solutions, including mortgages for home purchases, land acquisition, and construction financing.
Customers will benefit from flexible repayment options, structured around individual financial circumstances, and supported by highly competitive monthly instalments.
“The partnership we are formalising represents a shared commitment to enabling home ownership, supporting investment in real estate, and providing customers with tailored financial solutions that help them achieve their aspirations,” National Bank of Kenya Managing Director, Mr George Odhiambo, said. “Through this collaboration, we will utilize our financial expertise and extensive customer network alongside Centum’s proven real estate capabilities to create solutions that make property ownership more accessible and attractive to a wider segment of the market.”
The General Manager Vipingo Development, Mr Martin Kariuki, said a good home should be something people can understand, plan for, and move towards with confidence. “That is the spirit behind this partnership. By connecting quality homes with a more predictable financing path, we want to help more customers see ownership as something they can realistically work toward,” he said.
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Commenting on the partnership, Ralph Opara, Access Bank Regional Managing Director, East Africa and Country Managing Director, Kenya said, “This MOU reflects our commitment to leveraging Access Bank Group’s international reach, financial strength, and deep market expertise to unlock opportunities for our customers. Together with Centum, we are creating pathways to property ownership and investment while supporting sustainable development, wealth creation and long-term economic growth for Kenya.”
For many Kenyans, the dream of owning a home often appears out of reach when viewed through the lens of a lump-sum purchase price. Through this partnership, NBK and Centum Real Estate hope to change that narrative. Rather than focusing solely on the total cost of a property, prospective homeowners are encouraged to consider a more empowering question: “What can I comfortably afford each month?
They say customer-centric approach transforms property ownership from an aspirational goal into an achievable reality. For instance, a studio apartment valued at Ksh 2.7 million can be financed through manageable monthly repayments, significantly lowering the barrier to entry for first-time buyers and investors alike.
A standout feature of the offering is its investor-friendly structure. Clients begin servicing their mortgage only after their units have been completed and handed over, allowing them the opportunity to generate rental income from their properties and leverage those earnings toward their repayments.
By combining NBK’s financial expertise with Centum Real Estate’s proven track record in developing transformative urban communities, the partnership will expand access to property investment and ownership for Kenyans, while supporting wealth creation and contributing to the country’s broader economic development agenda.
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