List of Top Commercial Banks in Kenya 2021 You Should Know

Filed in Listicle by on July 26, 2021 0 Comments

Top Commercial Banks in Kenya – Are you in search of Commercial Banks in Kenya? This piece contains information on top commercial banks in Kenya you would be interested in.

Commercial Banks in Kenya

List of Top Commercial Banks in Kenya

The Central Bank of Kenya (CBK) is the primary regulator of the banking industry. The primary classification of banks in Kenya is by ownership. Some banks belong to local individuals/companies while others belong to foreign individuals or organizations. Another general classification of banks is by nature, that is, microfinance banks and commercial banks.

The Central Bank of Kenya which governs banks further classifies commercial banks based on their assets. Tier 1 banks are large banks that have hundreds of billions in assets and are not likely to collapse financially. They are the top banks in Kenya. Tier 2 banks are medium-sized banks while tier 3 consists of small banks.

Currently there are 28 domestic and 14 foreign commercial banks with branches, agencies, and other outlets throughout the country; one mortgage finance company; eight representative offices of foreign banks; eleven licensed deposit taking microfinance institutions; 49 insurance companies; the Post Office Savings Bank with a large network of branches around the country; 79 foreign exchange (forex) bureaus; three licensed credit reference bureaus, 14 money remittance providers and about 200 deposit-taking licensed savings and credit cooperative organizations (SACCOs) with a membership of over 3 million Kenyans.

However, the banking sector is essentially dominated by seven tier 1 commercial banks, namely Equity Bank, Kenya Commercial Bank, Barclays Bank of Kenya, Diamond Trust Bank, Cooperative Bank, Central Bank of Africa and Standard Chartered. In addition, smaller banks have emerged and experienced tremendous growth in recent years.

List of Top Commercial Banks in Kenya

This is a partial list of Commercial Banks within the territory of Kenya.

  1. UBA Kenya Bank Ltd
  2. The Co-operative Bank
  3. Suntra Investment Bank Ltd
  4. Sterling Investment Bank
  5. Standard Investment Bank
  6. Standard Chartered
  7. Prime Bank
  8. Paramount Bank
  9. Oriental Commercial Bank Ltd.
  10. NIC Bank
  11. ABC Bank
  12. National Bank
  13. K-Rep Bank
  14. Kenya Post Office Savings Bank
  15. KCB Bank
  16. Investments & Mortgages Bank Limited – I&M Bank
  17. Imperial Bank Limited
  18. Housing Finance
  19. Guardian Bank Ltd.
  20. Giro Commercial Bank Ltd
  21. Fina Bank
  22. Fidelity Bank
  23. Faida Investment Bank – FIB
  24. Equity Bank
  25. Equatorial Investment Bank
  26. Equatorial Commercial Bank Limited
  27. Dyer & Blair Investment Bank
  28. Dubai Bank Kenya Ltd
  29. Dry Associates Limited
  30. Development Bank Of Kenya Ltd
  31. Co-operative Bank
  32. Consolidated Bank
  33. Commercial Bank of Africa
  34. Citibank N A
  35. Chase Bank
  36. CFC Stanbic Bank Limited
  37. Central Bank of Kenya
  38. Bank Of Baroda (Kenya) Ltd.
  39. Bank of Africa Kenya Ltd
  40. Afrika Investment Bank
  41. African Development Bank Group
  42. African Banking Corporation

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