NCBA PARTNERS WITH CHAMS MEDIA TO HOST THE DARING RETURNEES’ FORUM 2024

The bank has revamped its diaspora banking offering to offer tailored solutions that support financial needs of returnees  

NCBA Bank  recently  hosted the  Daring Returnees Forum 2024  in partnership with Chams Media. The engagement provided a platform for Kenyans to explore investment opportunities, share their experiences, and contribute to the country’s economic development through skills, knowledge, and wealth transfer.

Most importantly, attendees gained valuable insights from industry experts, successful returnees, and thought leaders. The objective was to help  them navigate the reintegration process and capitalise on Kenya’s dynamic economic landscape. They also had an opportunity to network with industry professionals, leaders, and potential investors.

Tailored banking services

As a leading financial institution, NCBA showcased its revamped comprehensive suite of services designed to support diaspora returnees, including loan facilities, investment advisory, and other tailored banking services. “We are excited to support the Daring Returnees Forum 2024,” said Mr. John Gachora, NCBA Group Managing Director and CEO. “This event aligns perfectly with our mission to enhance financial inclusion and empower Kenyans returning home,” he added.

 Mr. Gachora  further said  that  NCBA  has revamped its diaspora banking value proposition to provide financial solutions that cut across the unique needs of individuals in the diaspora at every stage of their journey. This includes  those relocating to the diaspora, those already at the diaspora and those returning from the diaspora.  “ We look forward to showcasing how NCBA can assist returnees in achieving their financial and investment goals,” he emphasized.

Bold decision

The Kenyan diaspora community plays a crucial role in Kenya’s socio-economic development, contributing approximately $3 billion in remittances annually, which accounts for about 3% of the country’s gross domestic product (GDP). Beyond financial support, returnees also bring invaluable skills and knowledge. The Daring Returnees Forum 2024 celebrated their bold decision to return and reintegrate into Kenya, highlighting their significant contributions across various economic sectors.

The forum   is a tribute to the courage and determination of Kenyans returning home to make a difference. Their investments and expertise are not just vital but instrumental in shaping Kenya’s future. Consequently, the bank through its partnership with Chams Media is keen to provide a platform for them to share their experiences and contribute to our country’s growth.

Commitment

NCBA remains committed to continue supporting and empowering the Kenyan diaspora, fostering economic development, and driving innovation. The bank has established strategic partnerships that elevate the diaspora banking value proposition. Through this, NCBA continues to be the preferred financial partner for Kenyans returning home from abroad by providing advisory and support towards achieving their  financial goals when they get back home. In addition, the bank has facilitated international money transfer services through strategic partnerships with fintechs and money transfer service providers, such as Western Union and Money Gram, which provide rails for diaspora remittances back home.

NCBA  has further partnered with real estate developers  and  stakeholders to support the Kenyan diaspora in owning property back home.  Through these collaborations,  the bank   ensures that all aspects of  the customers ‘ transitions abroad or relocating back to Kenya, are smoothly and effectively managed.