Well we should commend Equity Bank for proving to all the other banks that banking on the masses can be very profitable. Barclays Bank has now opened up 32 new branches across Kenya. A good idea though after the arrogance they show’d in year past it would take alot to get me to even consider being their customers.
Are they sure they will be able to sustain this branches in years to come or are they going to go ahead and close them if they don’t prove profitable. Does it make sense to have a Nairobi West and South C Red Cross branch?
Guess only time will if this proves to be the midas touch for Barclays Bank