Guardian Bank, whose full name is Guardian Bank Limited, is a

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...

Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

with headquarters in

Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...

. It is licensed by

Central Bank of Kenya The Central Bank of Kenya (CBK) ( sw, Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Patrick Ngugi Njoroge ...

, the

central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...

and national banking regulator. , the bank was a medium-sized

retail bank Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking servi ...

, 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 Market share is the percentage of the total revenue or sales in a market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a ...

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 A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NBFC facilitate ba ...

. As a result of the changes in the banking laws of

Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

, 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 In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

of Guardian Bank is privately held. The detailed shareholding in the bank is not widely publicly known. The bank operates as a subsidiary of ''Chandaria Industries Limited'', a business conglomerate that is also in involved in manufacture of paper, paper products, toilet tissue, facial tissues and other paper derivatives.

Branch network

, Guardian Bank Limited maintains branches at the following locations: *

** Head Office - 1st & 2nd Floors, Guardian Centre, Biashara Street, Nairobi ** Biashara Street Branch - Guardian Centre, Biashara Street, Nairobi ** Mombasa Road Branch - Ground Floor, Tulip House, Nairobi ** Westlands Branch - Brick Court House, Mpaka Road, Westlands, Nairobi ** Ngong Road Branch - Ground Floor, The Greenhouse, Ngong Road, Nairobi * Western ** Eldoret Branch - Biharilal House, Uganda Road,

Eldoret Eldoret is a principal town in the Rift Valley region of Kenya and serves as the capital of Uasin Gishu County. The town was referred to by white settlers as Farm 64, 64 and colloquially by locals as 'Sisibo'. As per the 2019 Kenya Population ...

** Kisumu Branch - Ground Floor, Amalo Plaza, Oginga Odinga Road,

Kisumu Kisumu ( ) is the List of cities and towns in Kenya by population, third-largest city in Kenya after the capital, Nairobi, and the coastal city of Mombasa (census 2019). It is the third-largest city after Kampala and Mwanza in the Lake Victor ...

** Nakuru Branch - Ground Floor, Parana House, Kenyatta Avenue,

Nakuru Nakuru is a city in the Great Rift Valley, Kenya, Rift Valley region of Kenya. It is the capital of Nakuru County, and was formerly the capital of Rift Valley Province. As of 2019, Nakuru had an urban and rural population of 570,674 inhabitant ...

* Coastal ** Mombasa Branch - Oriental Building, Nkrumah Road,

Mombasa Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is ...

** Nyali Branch - Ground Floor, Links Plaza, Links Road,

Nyali Nyali is a residential area and Sub-County within Mombasa City, located on the mainland north of Mombasa County. It is connected to Mombasa Island by the New Nyali Bridge. Nyali is known for its many high-class hotels and residential houses, m ...

References

External links

*
Website of Central Bank of Kenya

Company Profile At Businessweek.com
{{Banking in Kenya Banks of Kenya Privately held companies Banks established in 1992 Companies based in Nairobi Kenyan companies established in 1992

History

Ownership

Branch network

See also

References

External links