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Premier Bank Kenya in Expansion Drive

Premier Bank Kenya in its drive for more presence has opened the Baraka Bazaar in the active Eastleigh, a vibrant business hub in Northern Nairobi. This expansion is in line with the bank’s commitment to provide accessible, Shari’ah-compliant banking services to the growing Kenyan economy.

Speaking while officially opening the new Premier bank branch,Hon. Abdi Yusuf Hassan who is the Kamkunji constituency member of parliament where the branch is situated, acknowledged the critical role that Shari’ah-compliant banks play in the economic growth of the country. “ Eastleigh is a vibrant business hub that contributes significantly to the economy of the country.
Hon. Yusuf added that “This branch will be pivotal in offering financial support and inclusion to both business and retail customers, hence elevating them to the next level,”

Hon. Yusuf Abdi’s sentiments were echoed by Mr. Osman Duale, the CEO of Premier Bank Kenya, who said that it was a great pride for the bank to opena branch in the Eastleigh “ the community here is well known for its business prowess and we take this warm invitation to partner with you with great responsibility. We are dedicated to championing new beginnings in Islamic banking by providing innovative, digital-forward banking solutions to our customers.’’ Said Mr.Duale.

Earlier this year, Premier Bank Somalia, a leading financial institution in the region acquired a majority stake (62.5%) in First Community Bank Kenya, an Islamic bank serving corporate,
SME and retail clients in Kenya. This strategic acquisition reinforced Premier Bank’s commitment to expanding its services and influence in Eastern Africa, as well as fostering trade and economic growth in the region.

With a vision to be the premier, customer-centric, and innovative Shari’ah-compliant bank for Africa and beyond, the bank’s focus lies in digital innovation, financial inclusion, and unwavering customer-centricity. Since the acquisition, Premier Bank has successfully rebranded all its branches nationally. Customers can now access services at any of the bank’s 20 branches; including through mobile banking and internet banking channels.

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