A recent partnership between Chase Bank and Rabo Development is said to result in a set of newly opened bank branches in Kenya. The merger aims to increase the nation's access to financial services like agricultural finance and youth banking.
This socially-fueled partnership is also said to offer banking for women in Kenya and hopes to provide small and medium-sized businesses with access to credit loans, savings accounts and investment plans. The Chase Bank and Rabo Development deal proposes a two year strategy that will create financial inclusion for Kenyan citizens.
The move does not only increase Chase Bank's global visibility but also offers banking capabilities to those in developing nations while giving hope to others without financial access around the world.