|
List Of Banks In Kenya
This is a list of notable commercial banks in Kenya ; Licensed commercial banks # ABC Bank (Kenya) # Absa Bank Kenya # Access Bank Kenya # Bank of Africa # Bank of Baroda # Bank of India # Citibank # Consolidated Bank of Kenya # Cooperative Bank of Kenya # Credit Bank # Development Bank of Kenya # Diamond Trust Bank # Dubai Islamic Bank # Ecobank Kenya # Equity Bank Kenya # Family Bank # First Community Bank # Guaranty Trust Bank Kenya # Guardian Bank # Gulf African Bank # Habib Bank AG Zurich # Housing Finance Company of Kenya # I&M Bank # Imperial Bank Kenya (In receivership) # Kingdom Bank Limited # Kenya Commercial Bank # Mayfair Bank # Middle East Bank Kenya # M Oriental Bank # National Bank of Kenya # NCBA Bank Kenya # Paramount Universal Bank # Prime Bank (Kenya) # SBM Bank Kenya # Sidian Bank # Spire Bank # Stanbic Holdings Plc # Standard Chartered Kenya # United Bank for Africa # Victoria Commercial Bank ; Representative offices of foreign banks # HDFC Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group in April 2008. It is majority-owned by The Woodbridge Company, a holding company for the Thomson family. History Thomson Corporation The forerunner of the Thomson company was founded by Roy Thomson in 1934 in Ontario, as the publisher of ''The Timmins Daily Press''. In 1953, Thomson acquired the ''Scotsman'' newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957, when he won the franchise for Scottish Television. In 1959, he bought the Kemsley Group, a purchase that eventually gave him control of the '' Sunday Times''. He separately acquired the ''Times'' in 1967. He moved into the airline business in 1965, when he acquired Britanni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperial Bank Kenya
Imperial Bank Limited commonly known as Imperial Bank, is a commercial bank in Kenya, the largest economy in the East African Community. It is one of the forty-three commercial banks licensed by the Central Bank of Kenya, the central bank and national banking regulator. On 13 October 2015, the Central Bank of Kenya placed Imperial Bank under the management and control of the state's Kenya Deposit Insurance Corporation because of what the Central Bank termed as "unsafe and unsound business conditions" at the Bank. Separately, sources said an internal fraud scheme had occasioned the move. The Central Bank of Kenya had hoped that owners of Imperial Bank would inject cash into the institution but has recently lamented that the shareholders had failed to make good on their promise. Depositors of the troubled bank can now make their claims at any Central Bank of Kenya or Diamond Trust Bank Group branch and such claims will take three days to confirm their details before they are pai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
I&M Bank
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. Overview As of September 2019, the bank's total assets were valued in excess of US$2.52 billion (KES: 261 billion), with shareholders' equity of approximately US$424 million (KES: 44 Billion). As of September 2019, the bank was ranked 8th, by total assets, out of the 40 licensed banks in the country, at that time. I&M Bank serves the banking needs of large and small business customers with emphasis on large and medium-sized corporations as well as individuals with emphasis on premium customers I&M also moved to Tier I after takeover of Giro Bank. History The bank traces its history to 1974 when ''Investments & Mortgages Limited'' was formed as a private company providing personalised financial services to business people in the Nairobi area. In 1980, ''I&M'', as the company was kn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing Finance Company Of Kenya
Housing Finance Company Limited (''HFC Limited''), commonly referred to as Housing Finance, is a commercial bank in Kenya, regulated by the Central Bank of Kenya, the central bank and national banking regulator. HFC is major mortgage lender in Kenya and was the second-largest in the market with KSh33.7 billion (approx. US$302 million) in mortgage loans, as of December 2019. At that time, Kenya Commercial Bank, the largest mortgage lender in the country had KSh64.3 billion (approx. US$577 million) in mortgage loans. Overview Housing Finance Company Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. , the company's total assets were valued at KSh55,445,249,000 (approximately US$497 million), with shareholders' equity of KSh8.562 billion (approx. US$76.8 million). History The company was established in November 1965, to promote a savings culture and home ownership among the citizens of newly independent Kenya. Major investors in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Habib Bank AG Zurich
Habib Bank AG Zurich is a Swiss multinational commercial bank which is based in Zurich, Switzerland. It has its operations in Hong Kong, Kenya, Pakistan, South Africa the United Arab Emirates and the United Kingdom. History Habib Bank AG Zurich was founded on 25 August 1967 by the Pakistani Habib family separate from their main banking business Habib Bank Limited which was later nationalized under the nationalization scheme. Ownership The bank is fully owned by Gefan Finanz AG (incorporated in Zug), which is in turn owned by a trust structure. The trust is 100% owned by members of the Mohamedali Habib branch of the Habib family. The beneficial owners are: * Habib M. Habib (25%) * Muhammad H. & Hyder M. Habib (25%) * Reza S. Habib (25%) * other Habib family members (25%) See also * House of Habib The House of Habib () is a Pakistani conglomerate company based in Karachi, Pakistan. The group was founded by Habib Esmail in Bombay (British Raj) in 1841. It is a prominent s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf African Bank
Gulf African Bank (GAB), whose full name is Gulf African Bank Limited, is a commercial bank in Kenya operating under an Islamic banking regime. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. the bank was a mid-sized financial services provider in Kenya. Its total assets were valued at approximately US$191.8 million (KES:19, 753, 647 billion), with customer deposits totalling approximately US$153.3 million (KES:15.8 billion), and shareholders' equity estimated at US$30.6 million (KES:3.15 billion). At that time, the bank was ranked number 25, by assets, out of the 43 licensed banks in Kenya then. The bank has plans to enter Uganda and Tanzania. History Discussions to establish the bank started in 2005, by individuals and institutions from the Persian Gulf and Kenya. The bank began banking operations in 2008, after receiving a commercial banking license and authorisation to establish a Sharia bank, from the Central Bank of Kenya. Gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guardian Bank
Guardian Bank, whose full name is Guardian Bank Limited, is a commercial bank in Kenya with headquarters in Nairobi. It is licensed by Central Bank of Kenya, the central bank and national banking regulator. , the bank was a medium-sized retail bank, with an asset base totaling approximately KSh.16.186 billion/= ( million), and shareholders' equity of about KSh.2.557 billion/= ( million). ranked Guardian, with a market share of 0.40%, the 26th largest Kenyan bank among 43 licensed financial institutions in its class. History Guardian Bank was established in 1992 as ''Euro Finance Limited'', a non-bank financial institution. As a result of the changes in the banking laws of Kenya, Euro Finance Limited converted into a commercial bank in 1996 and rebranded to ''Guardian Bank Limited''. In December 1999, the bank merged with ''Guilders International Bank Limited'', keeping its current name, after the merger. Ownership The stock of Guardian Bank is privately h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guaranty Trust Bank (Kenya)
Guaranty Trust Bank (Kenya) Ltd, commonly referred to as GTBank Kenya, is a commercial bank in Kenya and a subsidiary of the Nigerian Guaranty Trust Bank Plc. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. The Bank provides banking services with focus on Corporate Banking, SME Banking, Personal Banking, Private Banking and Treasury Services. , the Bank was a medium-sized financial services provider, providing commercial banking services to individuals and organisations. At that time, its total asset valuation was estimated at about US$242.2 million (KES:20.94 billion). In 2013, GTBank Kenya was ranked number 22, by assets, among 43 licensed banks in Kenya then. History The Bank was founded in Nairobi, in 1986, as Finance International Limited, a "Non-Banking Financial Institution" (NBFI). The name of the institution was later changed to the Finance Institution of Africa (FINA). In 1991 the company changed ownership. In 1995, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Community Bank
First Community Bank (FCB), 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. Overview , the bank's total assets were valued at about US$187.62 million (KES:18.762 billion), with shareholders' equity of about US$14 million (KES:1.46 billion), and customer deposits of US$161 million (KES:16.126 billion). At that time, the bank was ranked number 21, by assets, out of 43 licensed banks in Kenya then. History First Community Bank was established in 2007 according to Sharia law by private Muslim investors in Kuwait, Kenya and Tanzania. The bank received a Kenyan commercial banking license the same year, and started operations in June 2008. The FCB is the first Kenya-based bank to operate according to the laws of Sharia. Since the founding of First Community Bank, another Sharia bank, the Gulf African Bank, has also received a commercial license from the Central ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nation Media Group
Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and Tanzania. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM. Media outlets The group publications include ''The EastAfrican'', '' Daily Nation'', ''Business Daily Africa'', ''Daily Monitor'', '' The Citizen'', ''NMG Investor Briefing'', ''Taifa Leo'' and ''Zuqka''. The ''Daily Nation'' and the Sunday edition of the same newspaper, the ''Sunday Nation'', celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010. NMG owns a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a Kampala-based radio station in Uganda. It also owns two television stations in the country, NTV Uganda and Spark TV. NMG also has a 60% shareholding in ''Mwananchi Communications Limited in Tanzania. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Family Bank
Family (from la, familia) is a group of people related either by consanguinity (by recognized birth) or affinity (by marriage or other relationship). The purpose of the family is to maintain the well-being of its members and of society. Ideally, families offer predictability, structure, and safety as members mature and learn to participate in the community. Historically, most human societies use family as the primary locus of attachment, nurturance, and socialization. Anthropologists classify most family organizations as matrifocal (a mother and her children), patrifocal (a father and his children), conjugal (a wife, her husband, and children, also called the nuclear family), avuncular (a man, his sister, and her children), or extended (in addition to parents and children, may include grandparents, aunts, uncles, or cousins). The field of genealogy aims to trace family lineages through history. The family is also an important economic unit studied in family economics. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
