National Bank of Kenya and Optiven Limited on Monday, 19th January, entered into a strategic partnership that would empower investors and pave the way for enhanced collaborations on sustainable development goals.
In their collaboration agreement under NBK-Optiven, signed through a Memorandum of Understanding, financing solutions for customers involved in Optiven’s real estate projects will now be provided by NBK. In this agreement, Optiven will give investors a chance to invest in a diverse portfolio of real estates.
The partnership is anticipated to ensure that Kenyans, both locally and in the diaspora, have access to affordable and reliable property investment opportunities. The initiative also fits on the larger scheme to ensure that financial inclusion in the property market is promoted.
Speaking during the signing ceremony, NBK Managing Director Mr. Odhiambo explained that the partnership between NBK and Optiven highlights the bank’s dedication to promoting wealth creation through such partnerships.
He explained that the partnership is founded on the shared objective of increasing accessibility to reliable property investment options as it provides more Kenians with an opportunity to achieve their wealth creation objectives. Odhiambo explained that the provision of financial security to Kenian families as well as the country’s economic growth is greatly impacted by the role of real estate.
National Bank of Kenya and Optiven Partnership & Real Estate Growth
The partnership between NBK and Optiven is happening at a time when Kenya’s property market is still reporting positive growth as a result of various government programs like Affordable Housing and harmonious relations among developers, investors, and government officials.
Odhiambo has noted that there is still strong demand for housing and land, across different market sectors such as first-hand buyers, investors, and members of the diaspora community. The communities will have better access to property ownership due to such collaborations, according to Odhiambo.
“This partnership will go a long way towards ensuring that our customers get all the value they need,” said Dr. George Wachiuri, CEO of Optiven Limited upon welcoming the partnership between NBK and Optiven.
He said that customers in Kenya as well as the entire global diaspora would get the benefits offered by the structured financial packages provided by NBK. Dr. Wachiuri also added that Optiven is committed to collaborations that offer value as they continue to work towards finding sustainable solutions for all stakeholders.
Through the partnership between NBK and Optiven, the Sustainable Development Goal 17 (SDG 17) on Partnerships for Sustainable Development is promoted where the two bodies collaborate to utilize their respective strengths for a bigger good for investors, communities, and the economy at large.
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