ECONOMY

Western region lawyers converge to discuss how to boost economic sustainability

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From Left: Credit Bank marketing manager Monica Chege, Credit bank CEO Betty Korir, Kisumu branch manager David Ondier and Law Society of Kenya (LSK) western region chairman Bruce Odeny.
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Credit Bank has unveiled plans to boost the achievement of Big Four Agenda
in Kisumu and surrounding regions.

Speaking during a meeting with lawyers from the region, Law Society of Kenya Western Region chairman Bruce Odeny said Credit Bank has over the years established itself as the go to bank for small and growing businesses.

“The legal entity currently is entailed by 70% of young practicing advocates and Kisumu playing a big role in consumer market and hence having a growing footprint in Kenya,and is as a result of relationships built over decades of partnerships with entrepreneurs.”

Kisumu as a city is a cosmopolitan metropolis representing diversity in various sectors. Credit Bank’s attributes and core values stand for this diversity.

Businesses in Kisumu are engaged in cross border trade have over the years enjoyed the added advantage of some trade finance solutions such as pre and post shipment financing. This is over and above the ability to operate accounts in foreign currencies to allow for international trade

Credit Bank Kisumu Branch Manager David Ondier said: “As a Bank, Kisumu Branch was a major milestone for us. This was an immense opportunity for the bank and our customers as we sought to establish symbiotic relationships. We have been the friend that has walked with thousands of entrepreneurs in their growth journey. And we are proud that we continue to offer tailor made products that serves and support all the segments of our economy.”

The bank has been recognised as a key contributor to sustainable finance in 2019 to which we were awarded by the Kenya Association of Manufacturers. Working together with entrepreneurs, who form part of Kenya’s economic backbone, has been a critical aspect of our business operations where they can come engage, learn and grow.

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They strongly believe in the contribution and positive impact SMEs have in the economy. With the capacity to provide employment to a third of the county’s labour force, ensuring SME’s growth is part of our mission and to be part of the vibrant business ecosystem in Kisumu.

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

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