BUSINESS

NCBA Meets the Small But Powerful Drivers of Nairobi’s Booming Economy

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NCBA SME products
NCBA’s strategic priority is becoming the primary financial partner for retail and SMEs.
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NCBA convened over 100 Nairobi-based Small and Medium Enterprise (SME) traders for financial literacy meeting as it seeks to strengthen business resilience, unlock growth and deepen access to financial solutions. The forum brought together traders from key commercial hubs, including Kirinyaga Auto Spares, Gikomba, Sheikh Karume, Nyamakima Cereals and Kamukunji Electronics. These are highly transactional, cash-driven business that are central to Nairobi’s booming economy.

Participants engaged with NCBA experts on business financing, insurance, asset finance, leasing, cash management, trade finance and transactional banking solutions designed to support enterprise growth and sustainability.

NCBA Group Director SME Banking, Mr. Robert Kiboti, reaffirmed the bank’s commitment to SMEs. “SMEs face persistent challenges around access to capital, financial planning and risk management,” he said. “At NCBA, driven by our purpose to bank on belief and empower ambition, we are deliberately going beyond financing to equip traders with knowledge, advisory and ecosystem-based solutions that enable them to make informed decisions, scale sustainably and build resilient businesses.”

The engagement aligns with NCBA’s 2025 strategic priority of becoming the primary financial partner for retail and SME customers by driving customer obsession through personalised, sector-specific engagements. By convening SMEs within their respective business communities, the bank is fostering meaningful connections, facilitating high-value networking and positioning itself as a trusted long-term partner for enterprise growth.

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Through these engagements, Mr Kiboti said NCBA continues to reinforce its role in building a vibrant, well-informed business ecosystem, equipping entrepreneurs with practical financial intelligence, innovative solutions and strategic tools to thrive in a competitive and dynamic economy.

Key solutions that the traders were enlightened covered: Business loans or Working Capital loans, Property Financing solutions such as Commercial Mortgages, Construction Loans or Equity Release loans; Asset Finance solutions such as: Vehicle and Equipment Financing, Auto Equity Loans, Vehicle Re-financing loans and Leasing loans.

In addition, the traders learnt about Business Banking products such as: Transaction and deposit accounts comprising of current and savings accounts, Fixed Deposit Accounts and Call Deposit Accounts; as well as Digital Products which comprise of Online and Mobile Banking, Merchant services – such as Lipa na Mpesa, NCBA Connect Plus – A Cash Management platform for SMEs and NCBA Boosta, a digital lending solution of upto Kes. 35 million, for SMEs looking for Distributor financial services.

“NCBA is cognizant of the fact that the SMEs are brimming with potential and therefore needs a people who have consummate skills to contribute to this sector, while also providing an avenue for economic empowerment,” Kiboti said.

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Written by
KALU MENGO -

Kalu Mengo is a Senior Reporter With Business Today. Email: [email protected]

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