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Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a Kenyan financial services organization with headquarters in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group , a financial services giant based in South Africa .
In 2010, the bank celebrated 100 years of existence showcasing its achievements over the years [5] The bank is an agent of MoneyGram, Western Union and Ria Money Transfer and offers Banking agency services for Credit Bank NCBA Bank Group and ABSA Bank (Kenya) Stanbic Bank
It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. [2] The bank is a small retail bank, that focuses on meeting the needs of large corporations and high-net-worth individuals. As of December 2013, the bank was ranked number 41, by assets, out of a total of 43 commercial banks in Kenya.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
Access Bank (Kenya) PLC, part of Access Bank Group; African Banking Corporation Ltd (ABC Bank) Bank of Africa Kenya Ltd, part of Bank of Africa Group; Bank of Baroda (Kenya) Ltd, part of Bank of Baroda Group; Bank of India, part of Bank of India Group; Citibank N.A. Kenya, part of Citigroup; Commercial International Bank Kenya Ltd (CIB), part ...
Philip Odera is an economist, businessman and bank executive in Kenya, the largest economy in the East African Community.He is the current designate managing director and chief executive officer of CfC Stanbic Bank Limited, [1] a Kenyan financial institution, with total assets valued at approximately US$2 billion (KES:180.51 billion), as of December 2013. [2]
Stanbic IBTC Holdings PLC. came alive as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.
NCBA Bank Kenya: Retail banking: [20] Nairobi, Kenya – 100 percent shareholding – A commercial bank in Kenya, serving individuals and businesses, focusing mainly on large corporations. This is the flagship company of the group.