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By Monica MUEMA
The Guaranty Trust Bank Kenya (GTBank Kenya) has announced new flexible lending requirements to Micro, Small, and Medium – sized businesses and for growth as it marks 10 years in Kenya.
Over the past decade, GTBank Kenya has remained committed to fostering growth and empowering individuals, businesses, and communities across the country.
Guaranty Trust Bank entered the Kenyan market in 2013 through the acquisition of Fina Bank Group, marking the beginning of a decade-long journey of delivering innovative financial solutions and building lasting relationships.
To commemorate this milestone, GTBank Kenya is excited to announce the launch of GTMazao, a unique product tailored to support small and medium-sized enterprises (SMEs) in Kenya. GTMazao effectively combines scale and flexibility to offer business owners an opportunity to earn interest on their bank balances with no transaction limits.
Speaking on the milestone, Jubril Adenji, Managing Director of Guaranty Trust Bank Kenya, said: “As we celebrate 10 years of providing innovative, customer-focused solutions in Kenya, we would like to thank all our stakeholders especially our customers for their unwavering trust and loyalty.
The launch of GTMazao, reflects our passion for excellence and product innovation and reinforces our commitment to driving economic growth by empowering SMEs as well as the entrepreneurs behind them.
We are proud of our accomplishments over the last decade and look positively to the years ahead, as we remain focused on delivering financial solutions that create lasting value for our customers and the communities we serve.”
Kenya boasts approximately 7.4 million MSMEs, contributing over 40% to the country’s GDP. This innovative new product from GTBank Kenya, GTMazao, is positioned to address the financial needs of this very critical sector, supporting MSMEs in realizing their fullest potential.