Optiven–NBK MoU Opens New Property Financing Window for Diaspora Investors

Optiven Group has signed a Memorandum of Understanding (MoU) with the National Bank of Kenya (NBK) in a strategic partnership aimed at expanding access to financing for property and land investments across Kenya.

Speaking during the signing of the agreement, Optiven Limited Chief Executive Officer Dr George Wachiuri said the partnership will significantly benefit customers by providing structured and reliable financing options for real estate investments.

“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,” Dr Wachiuri said.

He added that Optiven remains focused on forming partnerships that create long-term value for investors and support sustainable development within the real estate sector.

“As a leading player in the real estate space, Optiven Limited remains committed to partnerships that deliver real value to our customers as we pursue our strategy of providing sustainable solutions where all stakeholders win,” he said.

Under the partnership, NBK will provide structured financing solutions to customers investing in Optiven’s property developments, while Optiven will offer investors access to a credible and diverse real estate portfolio.

The collaboration is expected to enhance access to affordable and credible property investment opportunities for Kenyans both locally and in the diaspora, while advancing financial inclusion and responsible investment.

NBK Managing Director George Odhiambo said the partnership reflects the bank’s commitment to supporting wealth creation through strategic sector collaborations, noting the critical role real estate plays in economic growth.

“This partnership with Optiven Limited 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,” Odhiambo said.

The partnership comes at a time when Kenya’s real estate sector continues to grow, buoyed by government initiatives such as the Affordable Housing Programme and increased collaboration among industry players aimed at widening access to property ownership.