Biography Of Nasim Devji (Age , Husband , Net Worth) - Diamond Trust Bank Group (DTB), a Nairobi-based lender managed by Kenyan entrepreneur Nasim Devji, has announced intentions to establish 17 additional branches by the end of the year as part of its most recent growth push to provide more value via its operations.
Nasim Devji
The strategic expansion drive, which will supplement the group’s business growth strategy as a relevant and premier financial institution in East Africa, is perfectly aligned with the group’s efforts to deepen its market presence in fast-growing regions and increase value through its assets as it looks ahead to 2022 and beyond.
The 17 branches added as part of DTB’s current development effort would boost the bank’s branch network in Kenya from 63 to 81, and its overall branch network in East Africa from 129 to 146.
Devji, a renowned entrepreneur and DTB group CEO, noted that the bank’s decision to continue growing its branch network indicates the lender’s trust in the Kenyan economy in the midst of clients’ fast use of online banking services and products.
“As DTB, we remain bullish about Kenya’s economic revival.” “As a result, we are making efforts to get closer to our consumers in order to assist them in achieving their personal and commercial objectives,” she stated.
DTB’s chairman, Linus Gitahi, noted that the new step reflects DTB’s dedication to growing its footprint in the region in accordance with its growth plan.
“The investments we are making demonstrate not just the bank’s financial health, but also our dedication to providing additional convenience to our clients.” “As a tier-one bank, we are eager to expand our market presence since it supports our growth plan,” he added.
DTB Group is an East African lender with offices in Kenya, Burundi, Tanzania, and Uganda. Individuals and corporations can use its retail and commercial banking services.
Under Devji’s leadership, the banking company, which is regarded as one of Kenya’s tier-1 banks with KCB, Equity, Co-operative Bank, Stanbic, Absa, and Standard Chartered Bank, has evolved into a significant lender in East Africa.
Under Devji’s leadership, DTB has evolved into a financial services sector leader, with total assets in excess of Ksh455 billion ($3.8 billion).
The bank has 570,867 clients, 352,816 mobile banking users, and a branch network of 129 branches scattered across Kenya (63), Tanzania (28), Uganda (34) and Burundi (4).
Devji is one of Kenya’s commercial banks’ five female CEOs. Betty Korir, CEO of Credit Bank, Rebecca Mbithi, CEO of Family Bank, Anne Karanja, CEO of Kenya Post Office Savings Bank, and Joyce Ann Wainaina, CEO of Citibank Kenya are the other four.
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