×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Islamic bank opens new branch in CBD in expansion drive

Group CEO DIB Bank Adnan Chilwan, Steve Mainda, Peter and Adan Mohamed. [Jonah Onyango, Standard]

Dubai Islamic Bank Kenya (DIB) has opened a branch in Nairobi’s Central Business District (CBD), the lender's sixth branch in Kenya.

DIB, which exclusively offers Sharia-compliant banking, has branches in Nairobi's Upperhill, Westlands and Eastleigh, and Bondeni and Moi Avenue in Mombasa. Chief Executive Peter Makau yesterday said the bank is targeting a huge market that needs Islamic banking services.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in