What is K-Rep bank
K-Rep Bank is a leading and fast growing Commercial Bank that targets the Micro Finance sector but also provides a wide range of banking services. K-Rep Bank’s mission is to provide exceptional financial services that create value and enrich the lives of our customers, shareholders, employees and the community.
Who established K-Rep Bank?
K-Rep Bank was established by the K-Rep Group limited, a Kenyan development agency involved in microfinance, research, advisory services and a host of other development initiatives.
K-Rep Bank provides financial services to all because it believes that this is a basic human right that every Kenyan, especially the low-income, small and micro entrepreneurs must have access to. It further believes that the access to this service is an essential ingredient for eradicating poverty developing this country. The Bank therefore aims at bringing the Micro Finance to the centre of the banking sector arena, as opposed to the peripheral financial activity it has hitherto been perceived to be.
The mandate of K-Rep Bank pursuant to its Memorandum, Articles and license granted by the Central Bank of Kenya is to transact Banking Business in Kenya, with a focus on micro finance, small and medium enterprises, poor households and development oriented enterprises.
K-Rep Bank’s vision is to be the financial services organization of choice for the majority of Kenyans.
K-Rep Bank’s mission is to provide exceptional financial services that create value and enrich the lives of our customers, shareholders, employees and the community.
The Bank shall be guided by the following values in conducting its work. These values embody what the Bank stands for, is driven by, believes in, and directs its activities on.
- hard work & team work
- honesty & integrity
- respect, learning & reflection
- solidarity with the poor
- creativity & innovation
- equal opportunity employer
- modesty and fair play
K-Rep Bank is also committed to the principles of sustainability reporting (triple 'P' bottom line reporting -on profits, planet and people). K-Rep Bank will therefore implement programs aimed at improving employee welfare and the community at large. It will also support programmes and businesses aimed at sustaining the environment and those that will make K-Rep Bank financially sustainable.