KCB Bank Kenya has joined industry leaders at the Institution of Surveyors of Kenya (ISK) Stakeholders’ Forum to discuss strategies aimed at strengthening resilience in the built environment. The bank emphasized the critical role of professional surveyors in ensuring sustainable urban development and informed financial decision-making.
Speaking at the event, Caroline Wanjeri, KCB Mortgage Director, highlighted the importance of collaboration between financial institutions and surveyors. She noted that banks rely on accurate, timely, and professional survey reports to assess property values, evaluate risks, and structure loans. Without reliable survey data, financial institutions would struggle to make sound lending decisions, potentially affecting the stability of the real estate sector.
Kenya’s property market has experienced significant growth over the years, driven by rising demand for housing and infrastructure. However, challenges such as land disputes, unclear property valuations, and environmental concerns continue to pose risks. KCB Bank believes that strengthening partnerships with surveyors will help address these issues, ensuring that property transactions are backed by credible data and professional expertise.
As a market leader in housing finance, KCB holds over 50% market share in the sector. The bank remains committed to promoting affordable, accessible, and climate-conscious housing solutions. Through innovative mortgage products and sustainable financing, KCB aims to support individuals and developers in acquiring homes that meet modern environmental and economic standards.
Climate change has become a key consideration in real estate development. The bank is working with stakeholders to promote green building practices and ensure that housing projects align with global sustainability goals. By integrating environmental factors into mortgage financing, KCB seeks to support developments that are energy-efficient, water-conscious, and environmentally friendly.
The ISK Stakeholders’ Forum provided a platform for key players in real estate, finance, and government to exchange ideas on how to improve Kenya’s built environment. Discussions covered areas such as land governance, valuation standards, and the role of technology in property management. With advancements in digital mapping and data analytics, surveyors now have better tools to provide more accurate property assessments, ultimately benefiting both developers and financial institutions.
KCB Bank has consistently championed initiatives that enhance transparency and professionalism in the real estate sector. By engaging with surveyors, developers, and policymakers, the bank continues to advocate for solutions that address housing shortages, property fraud, and land conflicts. This commitment is part of KCB’s broader strategy to support economic growth through sustainable urban development.
For prospective homeowners and investors, working with banks that prioritize accurate property valuations and professional surveying standards is crucial. As KCB strengthens its collaboration with industry experts, borrowers can expect improved access to mortgage financing that aligns with real market values.
With real estate playing a vital role in Kenya’s economy, such partnerships will be key in ensuring that housing remains affordable, accessible, and sustainable for future generations.
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