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 ABN AMRO Bank
- "Arranges a wide variety of working capital finance
and loan facilities in both local and foreign currencies to
suit individual requirements of borrowing clients.
Also provide trade enhancement products eg. Letters of
Credits and Guarantees, Treasury, Electronic banking,
Structured Finance, Capital Markets and Operational
Banking."
Akiba Bank Limited
- "Akiba Bank Ltd. started out as Akiba Loans and Finance Ltd. in 1972. It’s main purpose
was to develop property for residential purposes. Complementary to this was the
financing of individuals who wished to buy these and other properties. However, following
the new policies implemented by the Central Bank of Kenya, Akiba became one of the first
finance companies to convert to a fully fledged Bank. Thus, Akiba Bank opened its doors
to the public on the 1st of July 1995."
Biashara Bank of kenya
- "Established in Nairobi in 1984 and now has three branches; two in Nairobi and one in
Mombasa BBK is one of the strongest and most respected banks in Kenya. Since commencement of its
operations, it has emphasised personalised customer service with a commerical, retail/merchant
bank set-up. The types of services it provides include personal banking, trade financing and
foreign exchange. The Bank Offers a wide range of personalised services tarilored to meet the individual needs of
both corporates and individuals. Bank is fully computerised and offers "anywhere banking" to it's customers. Customers can
make deposits and withdrawals at any of the Bank's branches countrywide in Kenya."
Central Bank of Kenya
- "The Central Bank plays a unique role in the economy and performs various functions
not normally carried out by commercial banks. The functions of the Bank have changed
over time depending on the changing economic conditions. Currently its main task, as
stipulated in the Central Bank of Kenya (Amendment Act), 1996 is that of "maintaining
price stability and fostering liquidity, solvency and proper functioning of a stable
market-based financial system ". As such it is responsible for formulating and executing
monetary policy, supervising and regulating depository institutions, assisting the Kenya
Government’s financing operations and serving as Kenya Government banker. This is very
much in line with contemporary central banking practice the world over."
Commercial Bank of Africa Ltd (CBA)
- "Commercial Bank of Africa Limited (CBA) was founded in 1962 in Dar-es-Salaam,
Tanzania and quickly established branches in Nairobi and Mombasa in Kenya and in
Kampala, Uganda."
First American Bank of Kenya Limited
- "Began to operate in Kenya on January 1st 1987, having acquired all the assets,
liabilities and goodwill of its former owner, the First National Bank of Chicago."
Kenya Commercial Bank Ltd
- "The Kenya Commercial Bank Group is the leading institution in Kenya's
banking and financial sector with an asset base of over KShs 79 billion.
Today, the KCB Group has the widest network of outlets in the
country comprising 109 full-time branches and 33 satellite branches
This represents over 55% of the total banking outlets in Kenya.
As a player in the global financial market, the group maintains working
arrangements with over 400 correspondent banks throughout the world, and has
a representative office in London. "
National Bank of Kenya
- "The National Bank of Kenya became operational in 1968 as Kenya's first indigenous commercial bank, and
was wholly owned by the Government of Kenya. In 1994, the Government sold a total of 40,000,000
ordinary shares, 32% of total shares, to members of the public. In May 1996, once again the Government sold a
further 40,000,000 ordinary shares, bringing the Banks shareholding to its current ratios:
National Social Security Fund (N.S.S.F) - 48.06% ; Members of the Public (including Staff)- 29.44% ;
The Government - 22.50%"
PTA Bank
- "The Eastern and Southern African Trade and Development Bank (PTA Bank) was established on 6 November
1985 following the provisions of the Treaty of 1981 establishing the Preferential Area (PTA), which has since
been transformed into the Common Market for Eastern and Southern African States, as a financial arm of the
COMESA integration arrangement. The main mission of the Bank, as drawn from its Charter, is to act as a tool
or a vehicle for contributing towards the socio-economic development of its Member States through promoting
intra-COMESA trade and the economic integration of the COMESA sub-region."
Stanbic Bank Kenya Limited
- "Stanbic Bank Kenya Limited is a well-established commercial bank with a reputation for
extending banking services and facilities to a select base of commercial and corporate
clients. The Standard Bank of South Africa's international network is used to the full,
which places Stanbic bank Kenya in a unique position to provide a range of innovative
banking products and solutions to clients. Kenya has a well-developed banking industry
which is regulated by the Central Bank of Kenya. Stanbic Bank Kenya is pro-actively
involved in the ongoing development of the industry which is in a continuous process of
modernisation and is upgrading systems and procedures to correlate more closely with
international banking standards."
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