Nairobi, 14th October 2024 – In a significant move to enhance global trade connectivity, NCBA Bank has embarked on a market exposure trip to China, taking over 100 of its Commercial and SME Banking customers. This initiative aims to provide participants with insights into one of the world’s most dynamic business hubs.
This trip, part of NCBA’s ongoing efforts since 2016, underscores the bank’s commitment to empowering its SME and Commercial Enterprises clients by exposing them to emerging markets and diverse industry opportunities. Participants will explore major cities including Hong Kong, Foshan, Guangzhou, and Shenzhen, with opportunities to source trading equipment and goods while gaining firsthand knowledge of current business trends and technological advancements.
“NCBA is dedicated to supporting the growth of the Kenyan economy, particularly through SMEs and Commercial enterprises, which are crucial to this development,” stated Mr. Tirus Mwithiga, Group Director of Retail Banking at NCBA. He emphasized that the bank has tailored financial solutions to serve its clients better, beyond traditional banking services.
The trip will feature visits to key business districts, interactions with industry leaders, and exploration of sectors such as green energy, manufacturing, technology, and logistics. Participants will also attend the renowned Canton Fair and visit various manufacturing industries to forge strategic partnerships.
To further support business growth, NCBA will offer exclusive financial solutions, including preferential foreign currency rates for USD and specialized loans for business banking and imported goods.
“We are excited to provide our customers with this unique opportunity to establish connections and explore new business avenues in a leading trade hub,” Mwithiga added. “We believe that the growth of our customers through exposure to global markets will positively impact both the bank and the country’s economy.”
The 12-day trip not only focuses on business development but also offers a glimpse into China’s rich culture and tourist attractions, fostering a well-rounded experience for participants.