A review of Kenya Banking environment and what to look for

Hi, my name is Paul, a Kenyan with over 10 years of hands on experience in the Kenyan financial services sector. Specifically, I have been actively involved in financial Sales, Marketing & mobilization, Business Relationships Management and Credit Administration besides general banking operations. I have also been involved in consultancy projects for various microfinance institutions.

I also have a keen interest in online business opportunities. Banking plays a critical role in the socio-economic development of a nation, and much as I believe that everyone at one point or the other will seek banking services either as individuals or as business entities, banks have traditionally been very economical with information. We need to change this and lay bare all facts that relate to the banking operations.

This I believe can only be achieved when knowledge is shared, by creating a knowledge based economy. We thus empower our readers with the relevant knowledge and appropriate information for wealth generation and creation. We reckon that all human beings are equally endowed with an unlimited, infinite asset-The Human Mind, which then puts us all on an equal pedestal. How far we succeed in life is therefore a matter of individual effort and determination, and how we utilize this gift.

This blog will therefore endeavor to afford our readers an opportunity to get appropriate and relevant information in order to make informed, wise and value adding banking decisions. Besides, I hope it will offer readers an interactive platform not only to share but also learn from each other.

A good starting is to seek to understand what informs peoples banking preferences. The following are just but the key considerations:
• Affordability
• Convenience
• Stability
• Customer service