NCBA Bank has signed a strategic partnership with property firm Optiven to grow its property finance business.

The agreement will enable NCBA customers buy their desired plot of land and build a residential or commercial unit. The bank will also offer customers financing of up to 25 years.

NCBA Deputy Director, Consumer Banking Mercy Kagwiria said the partnership will enable its customers access property financing solutions in a seamless manner.

Increased demand for Safaricom

and top bank stocks Tuesday saw the Nairobi bourse gain Sh10 billion in market capitalisation, recovering some of the heavy losses recorded on Monday.

The value of all the Nairobi Securities Exchange-listed firms rose to Sh2.27 trillion from Sh2.26 trillion as most of the heavily battered stocks registered gains in the single digits.

The market had dropped by Sh125 billion on Monday, the largest decline in a single day in the history of the exchange in what has been linked to foreign investor flight.