National Bank of Kenya (NBK) has today signed a strategic partnership with Optiven Limited to expand access to financing for property and land investments in Kenya.
The partnership, formalised through the signing of a Memorandum of Understanding, will see NBK provide structured financing solutions to customers investing in Optiven’s property developments. At the same time, Optiven will offer investors access to a credible and diverse portfolio of real estate investment opportunities.
This collaboration is expected to enhance access to affordable and credible property investment options for Kenyans locally and in the diaspora. It will also contribute to broader national efforts to promote financial inclusion and responsible investment.
Speaking during the signing ceremony, NBK Managing Director, Mr George Odhiambo, said the partnership reflects the bank’s commitment to supporting wealth creation through strategic sector partnerships.
“This partnership with Optiven is anchored on our shared commitment to expanding access to credible property investment and supporting more Kenyans on their wealth creation journey. As a bank, we recognise the important role real estate plays in household financial security and national economic growth. Through this collaboration, we are positioning our customers to access structured financing solutions alongside trusted investment opportunities,” said Mr Odhiambo.
The partnership comes at a time when Kenya’s real estate sector continues to grow, supported by government initiatives such as the Affordable Housing Programme and increasing collaboration between developers, financiers, and policymakers.
“Demand for housing and land remains strong across multiple market segments, including first-time buyers, investors, and the diaspora. Partnerships such as this one are critical in bridging the gap between aspiration and access, while supporting more inclusive participation in property ownership,” he noted.
Optiven Limited Chief Executive Officer, Dr George Wachiuri, welcomed the partnership, noting that it will significantly enhance the value proposition for Optiven’s customers.
“Our customers, both locally and across the global diaspora, will benefit immensely from the structured financial solutions that National Bank of Kenya brings to this partnership. As a leading player in the real estate space, Optiven remains committed to partnerships that deliver real value to our customers as we pursue our strategy of providing sustainable solutions where all stakeholders win,” said Dr Wachiuri.
The partnership supports Sustainable Development Goal 17 (SDG 17) on partnerships for sustainable development by leveraging the strengths of both institutions to deliver greater impact for investors, communities, and the broader economy.
