Faith-Based Financial Bank- SMEP Bank Opens in Eldoret

Faith-Based Financial Bank- SMEP Bank Opens in Eldoret

Uasin Gishu is at it again in attracting investors, this time a Faith-Based Financial Bank- SMEP Bank opening its branch at the heart of Eldoret town.

Officially opening the bank, Deputy Governor Daniel Chemno welcomed the move, assuring the institution of a conducive, secure working environment.

“We are always so proud of our investors and we highly welcome you. As a County, we know that you are a great source of so many opportunities ranging from offering employment opportunities to lensing financial loans to our people”, said Chemno.

However, Chemno called on various financial institutions to offer training and financial management to its clients, this to improve on investment especially to business people. This also to promote the culture of saving to raise capital for businesses.

Giving his remarks, SMEP’s Chairperson Nelson Kuria highlighted that their choice of bringing the institution to Eldoret was catalysed by a conducive working environment and a favourable market by its people.

This was echoed by the Bank’s General Secretary Canon Rev. Peter Karanja.

SMEP is a Christian based institution managed by the National Council of Churches of Kenya with an asset base of Ksh. 3 Billion.

So far, Uasin Gishu hosts 39 branches of Commercial Banks and more than 10 microfinance banks as others planning to make their way in.

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