Absa Bank Kenya, a Nairobi-based lender partly owned by Kenyan businessman Baloobhai Patel, is ramping up its expansion efforts within the country with the opening of a new branch in Eldoret, its 85th branch in Kenya.
The move is part of a broader strategy to enhance its presence in underserved regions and meet the increasing banking needs of these areas.
Absa Bank expands footprint in Eldoret, boosting local business growthThe new branch, situated in Rupa's Mall, aims to support the growing business community in Eldoret and the Rift Valley region. Abdi Mohamed, the bank's Managing Director and CEO, emphasized the significance of this expansion.
"We are thrilled to open our doors to the people of Eldoret," Mohamed said. "This expansion underscores our commitment to serving the underbanked and empowering Africa's future."
