Guaranty Trust Bank Kenya has unveiled GTMazao, an interest-bearing account tailored to support SMEs in Kenya, as the lender celebrates a decade in the business.

According to the lender, the product combines scale and flexibility to offer business owners an opportunity to earn interest on their bank balances with no transaction limits.  

The lender noted that GTMazao, reflects its passion for product innovation and reinforces the bank’s commitment to driving economic growth by empowering SMEs.

“The launch of GTMazao reflects our passion for excellence and product innovation and reinforces our commitment to driving economic growth by empowering SMEs as well as the entrepreneurs behind them,” GTBank managing director Jubril Adenji noted.

Kenya boasts approximately 7.4 million MSMEs that contribute about 40 percent to the country’s GDP. 

Jubril added; “As we celebrate 10 years of providing innovative, customer-focused solutions in Kenya, we would like to thank all our stakeholders especially our customers for their unwavering trust and loyalty.”

GTBank entered the Kenyan market in 2013 through the acquisition of Fina Bank Group.

 

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