Consolidated Bank of Kenya commonly known as Consolidated Bank, is a commercial bank in Nairobi, Kenya, East Africa‘s largest economy. It is licensed by the Central Bank of Kenya.
| Website | consolidated-bank.com |
|---|
Overview
Consolidated Bank is a medium-sized financial services provider in Kenya, focusing on meeting the banking needs of small and medium-sized enterprises in the country. As of December 2017, the Bank’s total asset valuation stood at about US$133.6 million (KES: 13.5 billion), with Shareholders’ Equity valued at about US$10.5 million (KES: 1.06 billion). As at December 2017, the Bank was rated number 33, by assets, out of 40 licensed banks in Kenya.
History
The Bank was incorporated in 1989, as a result of the merger of the following nine insolvent financial institutions:[2]
- Jimba Credit Corporation Limited
- Union Bank of Kenya Limited
- Kenya Savings and Mortgages Limited
- Estate Finance Company of Kenya Limited
- Estate Building Society
- Business Finance Company Limited
- Citizen Building Society
- Nationwide Finance Company Limited
- Home Savings and Mortgages Limited
Consolidated Bank aims to meet the banking needs of both individuals and institutions. In the beginning, the institution was limited to collecting the debts of the failed legacy financial institutions. However, the Central Bank of Kenya, issued CBKL with a full commercial banking license in 2001.
With decades of banking experience and a special focus on small and medium-sized enterprises, it is in a strong position to help growing businesses unlock their potential and sail through the complexities they may face.
Banking services include current accounts, savings accounts, fixed and call deposits, loan and overdraft facilities, local and overseas money transfer services, and local and international trade finance. The bank is also active on the local inter-bank money market.
Ownership
Consolidated Bank is fully owned by the Government with the majority shareholding in the Bank (85.8%) held by the National Treasury. The remaining shareholding is spread over twenty five (25) parastatals and other quasi government organizations as set out below.
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | National Treasury | 85.8 |
| 2 | National Social Security Fund | 5.0 |
| 3 | Kenya National Assurance 2001 | 2.4 |
| 4 | Kenya National Assurance Company Limited | 1.9 |
| 5 | Kenya Pipeline Company Limited | 1.6 |
| 6 | Kenya National Examination Council | 1.5 |
| 7 | Kenya Public Trustees | 1.5 |
| 8 | Kenya Posts and Telecommunications Corporation | 1.4 |
| 9 | National Hospital Insurance Fund | 1.3 |
| 10 | Kenya Local Government Officers Superannuation Fund | 1.1 |
| 11 | Other Shareholders | 4.4 |
| Total | 100.00 |
As of December 2018, Consolidated Bank maintains 17 branches in urban areas of Kenya.
Consolidated Bank of Kenya Mobile Banking
Bank anytime, anywhere with Consolidated Bank. Our mobile banking service allows you to access your bank anytime, anywhere.
Features
- Instant registration and activation
- Airtime purchase
- MPESA transactions
- Funds transfer
- Balance enquiry
- Mini Statement
- Stop ATM Card
- Stop cheque payment
- ATM card request
- Cheque book request
- Alerts for all transactions
To transfer funds from Mpesa to Account, please follow the instructions below:
- Access Mpesa Menu
- Select paybill
- Enter Business Number (508400)
- Enter the destination account number
- Enter amount
- Complete by entering MPESA PIN
- You will receive an SMS confirming the transaction
Requirements
- To register for m- banking, dial *262# or visit your nearest branch
Bank Account to Mobile Money Transaction Fees
Consolidated Bank of Kenya Branches and contacts
NAIROBI
HEAD OFFICE
Consolidated Bank House
23 Koinange Street
P. O. Box 51133 – 00200, Nairobi
Cell: 0703 016 000/100
Email:[email protected]
Head Office Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
CALL CENTER
Consolidated Bank House 23 Koinange Street
Call Center: 0703 016 016, 0729 111 637 (WhatsApp Line)
Toll Free: 0800720039
Email: [email protected]
Call Center Opening & Closing Time:
Monday to Friday : 7.00am to 7.00pm
Saturday : 8:15am to 5:00pm
Sunday and Public Holidays: 8:15am to 5:00pm
KOINANGE STREET BRANCH
Consolidated Bank House
Ground Floor, 23 Koinange Street
P. O. Box 67124 – 00200, Nairobi
Cell: 0703 016 403/412
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
HARAMBEE AVENUE
Agriculture House, Harambee Avenue
P. O. Box 34823 – 00100, Nairobi
Cell: 0703 016 301/305/306
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
UMOJA BRANCH
Sony House, Outering/Kangundo Rd Junction
P.O Box 7932 – 00100, GPO. Nairobi
Cell: 0703 016 340/342/345
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
RIVER ROAD BRANCH
Elegant House, River Road
P.O Box 24318 – 00100 Nairobi
Cell: 0703 016 320/321/322
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
EMBAKASI BRANCH
Even Business Park, North Airport Road
P.O.Box 1055 – 00501 Nairobi
Cell: 0703 016 586/585/584
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
KITENGELA BRANCH
Kitengela Capital Center, Namanga Road
P.O Box 517 – 00204, Athi River
Cell: 0703 016 362/364/363
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
MOMBASA
Consolidated Bank Building, Nkrumah Road
P.O Box 82342 – 80100, Mombasa
Cell: 0703 016 500/501/503
E-mail: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
MAUA
Consolidated House Building
Maua-Mikinduri Road
P.O Box 142 – 60600, Maua
Cell: 0703 016 388/466, 0710 403 591
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
THIKA
Witeithie House, Kwame Nkrumah Road
P.O Box 211 – 01000, Thika
Cell: 0703 016 421/587/420
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
NAKURU
Belpar House, Kenyatta Street
P.O Box 18323 – 20100, Nakuru
Cell: 0703 016 539/538/342
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
NYERI
Konahauthi House, Kimathi Street
P.O Box 935 – 10100, Nyeri
Cell: 0703 016 482/480
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
ELDORET
Santuri Court, Kenyatta Street
P.O Box 9379 – 30100, Eldoret
Cell: 0703 016 381/380/382
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
EMBU
Consolidated Bank Bldg, Kenyatta Highway
P.O Box 1377 – 60100, Embu
Cell: 0703 016 435/436
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
MERU
Meru County Maisonnettes, Tom Mboya Street
P.O Box 1117 – 60200, Meru
Cell: 0703 016 387/386
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
MURANG´A
Union Bank Building, Kenyatta Avenue
P.O Box 583 – 10200, Murang’a
Cell: 0703 016 521/523/520
E-mail: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
LAARE
Kamukunji Building, Laare Mutwati Road
P.O Box 88 – 60601, Laare
Cell: 0703 016 559/560
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
ISIOLO
Consolidated House Building, Kenyatta Highway
P.O Box 102 – 60300, Isiolo
Cell: 0703 016 575/572
Email: [email protected]
Branch Opening & Closing Time
Monday to Friday : 8.30am to 4.00pm
Saturday : 8:30am to 1:00pm
