Kenya banks should factor in supply chain security in expansion strategy

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Trust Merchant Bank SA (TMB) CEO Oliver Meisenberg, KCB Group Chairman Andrew Wambari Kairu and Central Bank of Kenya Governor Patrick Njoroge during the KCB Group transaction agreement documents exchange event following the acquisition of shares in DRC-Based Trust Merchant Bank (TMB), at the Nairobi Serena on December 19, 2022. PHOTO | DIANA NGILA | NMG

Regional expansion of Kenyan banks indicates a lucrative financial market up for grabs.

When a company expands from a local to a regional or global presence, its operation strategy needs to be adjusted to align with the changes.

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Note: The results are not exact but very close to the actual.