In a move aimed at taking its services closer to mwananchi, the Transnational Bank has opened its branch at Flax Trading Centre located at the border of Uasin Gishu and Elgeyo-Marakwet counties.
While officially opening the branch on Friday, Uasin Gishu governor Jackson Mandago challenged area residents to take advantage of the availability of the institution closer to them and apply for loans that will enable them to invest more in farming and other businesses.
Mandago said farmers should not fear applying for loans as that is the only way they will be able to enhance development and improve their livelihoods.
"You now have a bank at your door step and you will no longer need to travel to Eldoret to access banking services," Mandago told the residents who attended the launch.
He added: "We need to make good use of this facility by applying for loans and investing in projects that will help transform lives and spur economic development locally at the county level and countrywide."
On his part, Transnational Bank CEO Sammy Langat said the opening of the bank at the centre is aimed at ensuring local farmers have easy access to financial services.
"We want to assist farmers in doing business as we will be giving loans to farmers without the need for a guarantor as most financial institutions do," said Mr Langat.