Gulf African Bank bucks trend with two branches plan

Gulf African Bank managing director, Abdallah Abdulkhalik. FILE PHOTO | NMG

Islamic lender Gulf African Bank is set to open two new branches in Hurlingham, Nairobi and Mtwapa in Mombasa this year, bucking a trend in which several peers have announced outlet closures in recent months.

On January 2, the Islamic financier opened its 17th Branch on Luthuli Avenue, Nairobi targeting traders at the bustling area.

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