DTB Group, a well-established firm listed on the Nairobi Securities Exchange, has initiated the opening of eight new branches today, as part of its strategic expansion to enhance its presence in crucial business hubs and tap into emerging sectors of the economy.
In the preceding year, the financial institution extended its reach by inaugurating six branches across Kenya. The most recent additions encompass locations in Nairobi and Mombasa, with a specific focus on high-traffic areas such as Gikomba and Eastleigh, aiming to engage small and medium-sized businesses in these regions.
The Gikomba branch will be situated on Pumwani Road, while the Eastleigh branch will occupy the first floor of Business Bay Square (BBS) Mall, joining other banks like NCBA and Gulf African Bank already established at BBS Mall. Additionally, DTB will establish a presence in Karen’s Hardy Post.
Other newly opened branches are strategically positioned in Kapsabet (Kapital Arcade), Kenol (Kilele Mall, off Thika Superhighway in Kenol town), Nanyuki (next to Delta petrol station), Karatina (Blue Avana Hotel), and Bondeni branch in Burhani Towers, Mombasa.
This recent expansion aligns with DTB Group’s ongoing initiatives to broaden its reach. In March of this year, the financial institution inaugurated three outlets in Baba Dogo, Kijabe Street, and Kiambu town, bringing the total branch count to 70 in Kenya and 138 in East Africa.
Emphasizing the evolving role of branches, DTB Group Chairman Linus Gitahi stated, “We see branches no longer as just transaction processing centers but, increasingly as centers where our customers can consult and get advice from our staff as well as business meeting points for their use,” a sentiment echoed in the 2022 annual report.
The addition of new branches is expected to facilitate easier access for DTB’s growing customer base, providing not only transactional services but also personalized consultations and a conducive environment for business meetings.
DTB Group remains committed to positioning itself as a key player in the financial sector, adapting to evolving market demands and expanding its footprint to better serve its diverse clientele.
