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Article: kenya : African Development Bank Supports K-Rep Bank - Invest Kshs 174.8 Million (U.S.$ 2.2 Million) to Promote Entrepreneurship and Economic Growth in Kenya.
- Article from:
- TendersInfo
- Article date:
- May 8, 2009
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Byline: Mamta03
K-Rep is distinct from other commercial banks or financial institutions, because of its social mission of providing financial services to low income and poor urban and rural people who do not have access to commercial banking services as means of building an asset base for themselves.
After K-rep's conversion into a commercial bank, it has increased its service offering to its target clientele from purely credit to full banking service. Consequently, its overall performance has been consistent across all dimensions, including assets, profitability, loans and deposits, branch network, customer base and, most importantly, its product ...