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CIB Kenya was granted a banking licence by the CBK on 20 June 2017 [6] and began its operations on 1 August 2017. [7] [8]In December 2019, Commercial International Bank, based in Egypt began the process of seeking regulatory approval in Egypt and Kenya, to acquire a controlling interest in Mayfair Bank.
This is a list of commercial banks and other licensed credit institutions in Kenya, as updated mid-2023 by the Central Bank of Kenya. [ 1 ] [ 2 ] List of commercial banks
KCB Bank Kenya Limited is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank, by the Central Bank of Kenya , the national banking regulator. [ 3 ] The bank has also been running Agency banking model .
Commercial Bank of Africa (Kenya): Nairobi, Kenya – 100% shareholding - A commercial bank in Kenya, serving individuals and businesses. This is the flagship company of the group. Commercial Bank of Africa (Tanzania): Dar es Salaam, Tanzania – 100% shareholding - A commercial bank in Tanzania, serving both individuals and businesses.
As of December 2015, the bank was one of the largest commercial banks in Kenya with assets of approximately US$2.166 billion (KES:215.6 billion), with shareholders' equity of approximately US$217.83 million (KES:21.68 billion). [1] It was the largest privately owned commercial bank in Kenya. [3]
I&M Bank Kenya Limited , is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya , the central bank and national banking regulator.
According to the website of the Central Bank of Kenya, the commercial bank was incorporated in its present form on 15 November 1998. [3] Diamond Trust Bank Group was founded in 1945, as Diamond Jubilee Investment Trust (DJIT) with its head office in Dar es Salaam, Tanzania and branches in Mombasa Kenya and Kampala, Uganda. Subsequently ...
Group CEO at Kenya Commercial Bank Group Paul Russo , (born c. 1976), is a Kenyan human resources management professional, businessman and corporate executive, who was appointed as the Group CEO at Kenya Commercial Bank Group effective 25 May 2022.