Mombasa: Dubai Islamic Bank Kenya is set to roll out Kenya Revenue Authority tax payment services in response to its customers' long-term demand. Speaking during the launch of their newest branch in the Nyali area of Mombasa, Acting CEO Mary Kanuku highlighted that the initiative will enable prospective clients to access various tax services through the bank's KRA portal.
According to Kenya News Agency, the initiative will address the high demand for tax payment services in the Mombasa market. Customers will now be able to file tax remittances, including income tax and advance tax, through the bank's KRA tax system. Kanuku also announced the introduction of mobile banking and a revamped corporate banking system, which aims to make banking more accessible from home.
Kanuku revealed that DIB Bank recorded a full-year profit of Ksh103 billion in 2024, marking a 140 percent increase from the previous year. This growth was attributed to the bank's focus on asset quality and operational efficiency across its expanded branch network.
The acting CEO reiterated DIB's commitment to personalized banking and community-focused growth, emphasizing the bank's role in supporting entrepreneurs and small businesses. She praised the positive business environment in Mombasa, crediting it to the county leadership's pro-investment stance.
Mombasa County Executive Committee Member for Education and Vocational Training, Mr. Mbwarali Kame, commended the initiative and noted previous consultations with the county governor regarding DIB's presence. He highlighted the bank's commitment to integrating with local communities and delivering services aligned with Islamic principles.
Mohamed Osman, County Executive Committee Member for Tourism, Culture and Trade, representing County Governor Abdulswammad Shariff Nassir, stated that the introduction of Sharia-compliant banking aligns with the county's agenda, enhancing investment opportunities. He expressed confidence in the strategic investment in Nyali and its reflection of businesses' trust in the local community.
Osman assured that the County government will continue to collaborate with financial stakeholders and investors to foster growth, sustainability, and financial inclusion. He emphasized the importance of public and private sector collaboration in achieving shared goals.