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Thursday, February 27, 2020

Co-op Bank launches new property outfit to boost sales

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The Co-operative Bank of Kenya has launched a new property outfit dubbed as the Co-op Bank Property Hub.

According to Co-op Bank, the property outfit has been designed to run the Co-op Bank’s mortgage division and will be tasked with growing property sales and mortgage origination. “The Property Hub under is intended as a value-add to our mortgage clients who can benefit immensely from our bank’s deep client pool,” said Co-op Bank.

The new division is also set to have its physical address in Nairobi where home buyers will be assisted. “We will now offer support to our customers who have developments they need to sell, at the same time offering serious buyers easy access to buy good properties. All our 150 plus branches countrywide will make available information on available properties,” Co-op Bank further said.

Apart from home sales, the fresh outfit will be organizing for site visits and bus tours where prospective buyers can review available properties.

This launch is the latest in a series of new products that Co-op has been presenting to the market under its revolutionary Soaring Eagle transformational project. The project has also seen the bank enter into lucrative partnerships with international financiers, which has enabled it to increase its lending pool.

Currently, the bank is also running a series of digitization products that are make banking services readily available.

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