Previously, prior to modern banking in Kenya, people used to exchange goods and services by direct contact – You give me what you have, I give you what I have which is generally known as trade by barter. Trading was mainly controlled by the forces of demand and supply, there was no policy guidance or Central bank to formulate guidelines and fiscal policies. If nobody is interested in what you have, they will either perish if they are perishable or rot away. There was nothing like banks in Kenya then. Eventually, the monetary system was introduced alongside with banks and banking system which simply means the collection of deposits and lending of funds to qualified individuals with interests. In modern-day Kenya, it is the responsibility of Central Bank of Kenya to formulate and implement monetary and fiscal policies, apart from policy formulations, Central bank of Kenya has become the lender of last resort in Kenya and is the banker to all other banks. In order to address issues affecting the Banking industry in Kenya, Kenyan banks have come together and formed a forum under the Kenya Bankers Association. This article takes a look at list of Banks operating in Kenya today with their addresses.
See Also: How to open a Bank Account in Kenya
Banks in Kenya List and their Addresses
1. ABC Bank (Kenya)
ABC Bank or African Banking Corporation Limited in full is a commercial bank in Kenya is one of the forty-four (44) licensed commercial banks in Kenya, the bank provides banking services to several large corporations and medium-sized businesses, as well as small business enterprises and individuals. The bank’s assets were valued at approximately US$222.1 million (KSh19.1 billion), with shareholders’ equity of approximately US$24.4 million (KSh2.1 billion) as at December 2012. Its subsidiaries include ABC Capital Bank, Kampala, Uganda (Commercial Bank) – 68% shareholding, ABC Capital Limited, Nairobi, Kenya (Stock brokerage) – 100% shareholding and ABC Insurance Limited, Nairobi, Kenya (Insurance brokerage) – 100% shareholding. ABC Bank (Kenya) started operations in 1984, as a non-bank financial institution called Consolidated Finance Company
ABC BANK LTD. KENYA
Head Office
ABC Bank House, Westlands
P. O. Box 46452 – 00100, Nairobi.
Tel: +254 (20) 4263000, 2223922,
2226712, 2217856-8
Fax: +254 (20) 2222437
Email: [email protected]
2. Barclays Bank (Kenya) Limited
Barclays Bank of Kenya is one of the forty-four (44) commercial banks licensed by the Central Bank of Kenya, the national banking regulator. Having operated in Kenya for over 90 years, Barclays Bank Kenya is one of the oldest banks in Kenya with an estimated asset base in excess of US$2.22 billion (KSh180.9 billion). As at 2011, the Bank was the second largest bank in Kenya, by assets, just behind Kenya Commercial Bank Group with assets valued at US$3.34 billion (KSh273.9 billion). As of March 2011, the bank maintains a network of one hundred fifteen (115) branches and 236 ATMs in various locations across Kenya.
Barclays Bank of Kenya Ltd
Westend Building
P.O. Box 30120 – 00100
Off Waiyaki Way, next to Aga
Khan High School
Nairobi
Kenya
Fax +(254) (2) 213915, Tel: +(254) (20) 2241270, Email: [email protected]
3. Central Bank of Kenya (CBK)
This is Kenya’s central bank located in Nairobi, the capital of Kenya, the bank was founded in 1966 after the dissolution of East Africa Currency Board (EACB). Following the promulgation of the new constitution on August 27th, 2010, the Central Bank of Kenya (CBK) is established under Article 231 of the Constitution, 2010. Under this Article, the Central Bank has the responsibility of formulating monetary policy, promoting price stability, issuing currency and performing any other functions conferred on it by an Act of Parliament.
Central Bank of Kenya Contact Details:
Haile Selassie Avenue,
P.O Box 60000-00200,
Nairobi, Kenya
tel/fax: +254-20-2860000
[email protected]
4. Chase Bank (Kenya)
Chase Bank Kenya Limited is locally owned Bank with an Islamic window – Chase Iman, it is one of the commercial banks licensed by Central bank of Kenya (CBK). It’s estimated asset valuation in excess of US$302 million (KSh24.8 billion), as of December 2011 makes it a medium-sized financial institution in Kenya. As of March 2013, the Bank (Kenya) still remains a privately held company. The majority of the bank’s shares are held by institutional investors, that same year and month (March 2013), Amethis Finance, a development finance company based in Paris, France, invested US$10.5 million (KSh898.8 million) for an equity position in Chase Bank (Kenya).
Its subsidiaries include Rafiki Microfinance Limited and Genghis Capital Limited, all based in Nairobi Kenya. You can get the Chase Bank Kenya contact details here.
5. Commercial Bank of Africa
Commercial Bank of Africa (CBA) is a financial services provider headquartered in Nairobi, Kenya. CBA, as it is known for short, is one of the forty-four licensed commercial banks in the country, according to information on its website, it is the largest privately-owned Kenyan bank, whose primary focus is Corporate, Institutional and Personal Banking, the banks focus is on serving the banking needs of large corporations, diplomatic missions, NGOs and high net worth private clients. Commercial Bank of Africa (CBA) is one of East Africa’s largest privately owned banks and has Operations in Kenya and Tanzania.
Contact Details:
Commercial Bank of Africa Limited,
Mara and Ragati Roads, Upper Hill,
Nairobi, Kenya.
Tel +254 20 2884444
Mobile +254 711 056444/+254 732 156444
Fax +254 20 2734616
More Banks in Kenya and Their Contact Details
6. Cooperative Bank of Kenya Ltd
Haile Selassie Avenue
P.O. Box 48231, Nairobi, 00100
Tel: 254-20-3276000
7. Consolidated Bank of Kenya Ltd
Koinange Street
P.O. Box 51133, Nairobi, 00200
Tel: 254-20-340551, 340298, 340836, 230624
8. Credit Bank Ltd
Koinange Street
P.O. Box 61064, Nairobi, 00100
Tel: 254-20-222300, 222317, 220789
9. Development Bank of Kenya Ltd
Finance House, Loita Street
P.O. Box 30483, Nairobi
Tel: 254-20-251082, 340401
10. Diamond Trust Bank Kenya Ltd
Nation Centre
P.O. Box 61711, Nairobi, 00200
Tel: 254-20-210988
11. Dubai Bank Kenya Ltd
ICEA Building, Kenyatta Avenue
P.O. Box 11129, Nairobi, 00400
Tel: 254-20-311114, 311109, 311132, 311123, 311124
Fax: 254-20-245242
12. Equatorial Commercial Bank Ltd
Sasini House, Loita Street
P.O. Box 52467, Nairobi, 00200
Tel: 254-20-240766, 240147, 343852, 311205, 218638
13. Equity Bank Ltd
NHIF Building, Upper Hill
P.O. Box 75104, Nairobi, 00200
Tel: 254-20-2736617, 2736620, 2737334
14. Fidelity Commercial Bank
IPS Building, 7th Floor, Kimathi Street
P.O. Box 48445, Nairobi, 00100
Tel: 254-20-244187
Fax: 254-20-245370
15. Giro Commercial Bank Ltd
Giro House & Kimathi Street Branch
P.O. Box 46739, Nairobi, 00100
Tel: 254-20-217776, 216005, 217777, 340544, 340537
Fax: 254-20-230600, 246926, 210679
16. Imperial Bank Ltd
Bunyala Road
P.O. Box 44905, Nairobi, 00100
Tel: 254-20-2719617-9, 342380, 2719631, 343416-9
Fax: 254-20-2719705, 2719498
17. Kenya Commercial Bank Ltd
Kencom House, Moi Avenue
P.O. Box 48400, Nairobi, 00100
Tel: 254-20-3270000, 222329
18. Middle East Bank of Kenya Ltd
Milimani Road
P.O. Box 47387, Nairobi, 00100
Tel: 254-20-2723120
19. National Bank of Kenya Ltd
Harambee Avenue
P. O. Box 72866, Nairobi, 00200
Tel: 254-20-2828000, 226471, 252375
20. Paramount Bank
Sound Plaza, 4th Floor, Westlands
P.O. Box 14001, Nairobi, 00400
Tel: 254-20-4449266/7/8
Fax: 254-20-4449265
21. Prime Bank Ltd
Laxmi Plaza, Biashara Street
P.O. Box 43825, Nairobi
Tel: 254-20-226781, 226787, 339342
22. Stanbic Bank Kenya Ltd
Waiyaki Way
P.O. Box 30550, Nairobi, 00100
Tel: 254-20-444974, 4446495, 4448778
23. Standard Chartered Bank Ltd
Stanbank House, Moi Avenue
Tel: 254-20- 212709, 213661, 215572, 215748
Fax: 254-20-330506
24. Trans National Bank Ltd
City Hall Way
P.O. Box 34353, Nairobi
Tel: 254-20-224235, 224236, 252188
More list of licensed commercial banks in Kenya
- Bank of Africa
- Bank of Baroda
- Bank of India
- Brighton Kalekye Bank
- Citibank
- Ecobank
- Family Bank
- Fina Bank
- First Community Bank
- Guardian Bank
- Gulf African Bank
- Habib Bank
- Habib Bank AG Zurich
- I&M Bank
- Jamii Bora Bank
- K-Rep Bank
- NIC Bank
- Oriental Commercial Bank
- United Bank for Africa
- Victoria Commercial Bank
Representative offices of foreign banks in Kenya
- HDFC Bank Limited
- Nedbank
- Hong Kong and Shanghai Banking Corporation
- FirstRand Bank
- Bank of China
Editor’s Recommendation:
- Website of Central Bank of Kenya
- UBA Starts Operations in Kenya
- List of Foreign Banks With Representative Offices In Kenya
