By Hope Barbra
After six decades without a commercial bank, Kendu Bay will finally witness Kenya Commercial Bank’s move to open a branch in the area.
After lobbying from the local politicians from Rachuonyo North and West sub-counties and the larger Homa Bay county, KCB has taken up the challenge to open the first branch in the area.
Local investors have constructed premises in anticipation of a future commercial bank opening in the area, and the opening of the branch is sweet news to them.
In an invitation to the area Mp Adipo Okuome by the KCB management, of their intention to open a KCB branch in Kendu Bay.
KCB managing director Mrs Annatacia Kimtai said Kendu Bay has potential and has continued to grow as a commercial hub in the region.
“With the foreseen potential in mind, KCB Bank Kenya intends to open a new branch in this region, the KCB Kendu Bay Branch, the first-ever bank branch in this vibrant town,” she said.
The branch will be officially opened on 9th December 2024 when it will begin to serve the residents
Residents and business communities in the area welcomed the opening of the first-ever bank branch terming it as a milestone.
They said the bank will stir new economic activities and will build confidence in investors to invest in the area.
Kendu Bay and larger Karachuonyo have witnessed significant economic development in the recent past and the opening of a bank branch is an addictive to the growth.
Kendu Bay-based women leader Rosemary Ashley Ochuka said the opening of the bank in Kendu Bay was long overdue and a wonderful Christmas gift to the residents
“Finally, the local business persons, residents and investors have a bank within the reach. This will go a long way to open up the region. We will come KCB to Kendu Bay” she said
