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On 12 September 2016, NIC Bank Group announced its intention to incorporate a new wholly owned subsidiary, NIC Bank Kenya Plc, to which it would transfer its Kenyan banking business, assets and liabilities. The rationale for the re-organisation is that by converting NIC Bank Group into a non-operating holding company (as defined under the ...
NCBA Investment Bank Limited: Investment banking: Nairobi, Kenya – NCBA Investment Bank was established in 2005 to offer investment banking services. The group owns all the shares in the unit. [21] NCBA Insurance Agents: Bancassurance [22] – Nairobi, Kenya – NCBA Insurance Agents offers Bancassurance services. NCBA Group owns all of the ...
This is the Central Bank of Kenya's list of Licensed Microfinance Banks, updated in August 2024. [3] Caritas Microfinance Bank Ltd; Branch Microfinance Bank Ltd; Choice Microfinance Bank Ltd; Daraja Microfinance Bank Ltd; Faulu Microfinance Bank Ltd; Kenya Women Microfinance Bank PLC; Rafiki Microfinance Bank Ltd; Lolc Kenya Microfinance Bank PLC
Commercial Bank of Africa was established in 1962 in Dar es Salaam, Tanzania as a subsidiary of Swiss-based Société Financière pour les Pays d'Outre-Mer (SFOM). The SFOM consortium included BanqueNationale de Paris, Bank Bruxelles Lambert, Commerz Bank and Bank of America. Branches of the bank were established in Nairobi and Mombasa, Kenya.
The following is a list of prominent companies and organizations with their main headquarters in Nairobi: East African Breweries; Equity Group Holdings Limited; Gulf African Bank; KCB Group Limited; Kenya Airports Authority; Kenya Airways; Kenya Commercial Bank Group; Kenya Electricity Generating Company (KenGen) Mumias Sugar Company; Nation ...
During 2010, the Tanzanian subsidiary successfully re-branded to NIC Bank Tanzania. [8] [9] Commercial Bank of Africa was founded in 1962 in Dar es Salaam. Branches were soon opened in Nairobi and Mombasa, Kenya and in Kampala, Uganda. When Tanzania nationalized private banks in 1967, the bank moved its headquarters to Nairobi.
CFC Bank Limited (CFC Bank) was incorporated in 1955 as Credit Finance Corporation, a finance institution, and was listed on the Nairobi Stock Exchange. [11] Due to changing trends, regulatory requirements in the Kenyan banking industry and the need to meet growing customer requirements, Credit Finance Corporation obtained a commercial banking license from the Central Bank of Kenya in March ...
The bank was founded in 1962 in Dar es Salaam, Tanzania. Soon, branches were opened in Nairobi & Mombasa, Kenya and in Kampala, Uganda. When Tanzania nationalised private banks in 1967, the bank moved its headquarters to Nairobi. Following political changes in Uganda in 1971, the bank sold its assets in that country.