If you need to open a bank account, then we would recommend you to consider some factors.
It important to confirm their saving or loan interest rates, the cost of money they charge when withdrawing a particular amount of money, loan availability and other benefits being offered.
This will help you make an informed decision whether or not to open an account or borrow a loan from that bank
So here are the best banks for loans in Kenya;
1. Equity bank Kenya
This bank started its operation back in 1984. It offers a wide range of spectacular services and has been ranked among the awesome banks.
When you need a loan to either start a business or any other purpose, then we would advice you to loan from equity. They are known for cheap loan interests with low interest.
Most of their esteemed customers who have good saving and transaction records usually manage to secure huge loans without any hassle.
2. Family bank.
It is among the banks that have been growing by leaps and bounds.
The bank offers cheap Micro SME facilities. Vijanaa Boost loans and Wezesha loans are some of the Micro SME facilities being offered in the bank.
The abovementioned facilities aims at assisting young Kenyans start and expand their businesses.
3. Kenya commercial Bank
It is known for being the best bank in Kenya with numerous offers and services. The banks offer over up to 50 million to their most loyal customers. If you need to acquire loan from KCB, be good at saving and do more transaction.
5. Jamii Bora Bank
You can also get cheap loans from this bank. For you to be eligible, you must be have a business that has been in operation for over one year.