Nairobi, March 25 -- Business Bay Square mall (BBS) in Nairobi's Eastleigh has attracted seven banks in under a year, giving it a revenue boost at a time many malls have been struggling with low occupancy.

Absa Bank Kenya mid-last month became the latest entrant to the mall in the heart of Eastleigh, one of Nairobi's most vibrant commercial districts. The lender opened La Riba centre, a flagship branch seeking to meet the banking needs of Islamic community.

The entry of Absa follows that of I&M Bank that on February 1 also opened a branch on the third floor of BBS.

Diamond Trust Bank had in mid-December last year opened on the first floor of the same mall on the day it was opening seven other branches in different parts of the country,...