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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 (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.
As of December 2015, the bank was one of the largest commercial banks in Kenya with assets of approximately US$2.166 billion (KES:215.6 billion), with shareholders' equity of approximately US$217.83 million (KES:21.68 billion). [1] It was the largest privately owned commercial bank in Kenya. [3]
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. [6]
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 ...
CIB Kenya was granted a banking licence by the CBK on 20 June 2017 [6] and began its operations on 1 August 2017. [7] [8]In December 2019, Commercial International Bank, based in Egypt began the process of seeking regulatory approval in Egypt and Kenya, to acquire a controlling interest in Mayfair Bank.
This page was last edited on 18 January 2020, at 21:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In July 2005, the Commercial Bank of Africa (CBA) acquired majority shareholding in First American Bank of Kenya, which at the time had a Tanzanian subsidiary called United Bank of Africa. [7] In 2007, United Bank of Africa rebranded to Commercial Bank of Africa (Tanzania), returning the brand to the country since 1967.