The Co-operative Bank of Kenya Group has opened its third branch in Nakuru city.
The branch was officially opened by Hon David Kones, the Deputy Governor of Nakuru County.
Co-op Bank Staff, led by Director of Retail and Business Banking, Mr. William Ndumia, were also present at the launce .The new Nakuru branch is located in the Blue Bay Building on Nakuru-Bahati Road.
In a social media announcement, the bank said, “Co-op Bank has opened another branch in Nakuru city, located on the ground and first floors of Blue Bay Building, along the Nakuru-Bahati Road.”
The bank also mentioned, “This expansion benefits Nakuru residents and those in the surrounding areas, providing easier access to efficient and real-time financial services for individuals, businesses, micro, small, and medium-sized enterprises (MSMEs), and formal institutions.”
Co-op Bank had previously opened a new branch in Kimana Town, Kajiado County, along the Emali-Loitoktok highway in August of this year. They also opened branches in Kamakis (Ruiru), Kenol (Murang’a), and Thika town.
The new branches opened by Co-op Bank are part of its medium-term strategy focused on local expansion. The bank believes there are more opportunities in the Kenyan market, which remains the most profitable for local banks.