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In 2013 the bank was accused of insider lending by top shareholders of the bank against CBK rules. [7] In November 2016, SEM listed SBM Group announced that it has reached an agreement to acquire a majority stake in the bank. [8] This process was concluded in May 2017 and the bank's name was changed to SBM Bank (Kenya) Limited. [9] [10] In ...
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
CIB Kenya; Co-operative Bank of Kenya; Commercial Bank of Africa Group; ... SBM Bank Kenya Limited; Sidian Bank; SMEP Microfinance Bank; Spire Bank; Stanbic Holdings Plc;
In 1970, the Government took full control of the bank and renamed it to Kenya Commercial Bank Group. [6] KCB Bank Kenya, as it is now known, was incorporated in 2015 as a result of the corporate restructure of Kenya Commercial Bank Group (KCB Group). Prior to 2015, KCB Group was both a licensed bank and a holding company for its subsidiaries ...
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.
SBM is the second-largest bank in Mauritius with a market share of about 25% of domestic banking assets. As of June 2011 [update] , its total asset valuation was approximately US$3.34 billion (MUR:95.7 billion), with shareholders' equity of about US$557.1 million (MUR:16 billion).
Kenya Commercial Bank Burundi Limited is a commercial bank and subsidiary of KCB group in Burundi, licensed by the Bank of the Republic of Burundi, the national banking regulator. [9] As of December 2015 KCB Burundi comprises 0.6 percent of the KCB Group's total assets. It is estimated that the bank's total assets were approximately US$33.6 ...
Trust Merchant Bank (TMB), part of KCB Group; Afriland First Bank CD SA, part of Afriland First Bank Group; Access Bank RDC, part of Access Bank Group; Solidaire Banque SA; SoFi Bank; CRDB Bank DR Congo SA, part of CRDB Bank Group [3] Bank Of Africa RDC SA (BOA), part of Bank of Africa Group; United Bank For Africa DRC SA (UBA), part of UBA Group