The term “commercial bank” refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking. List Of All Licensed Commercial Banks In Kenya 2024
Commercial banks make money by providing and earning interest from loans such as mortgages, auto loans, business loans, and personal loans. Customer deposits provide banks with the capital to make these loans.
- Commercial banks offer basic banking services, including deposit accounts and loans, to consumers and small to midsize businesses.
- Commercial banks make money from a variety of fees and by earning interest income from loans.
- Commercial banks have traditionally been located in physical locations, but a growing number now operate exclusively online.
- Commercial banks are important to the economy because they create capital, credit, and liquidity in the market.
List Of All Licensed Commercial Banks In Kenya 2024
| | Bank | Date Licensed |
| 1 | ABSA Bank Kenya | 1916 |
| 2 | Access Bank Kenya | 8th January 1985 |
| 3 | African Banking Corporation Limited | 8th December 1994 |
| 4 | Bank of Africa Kenya Limited | 30th April 2004 |
| 5 | Bank of Baroda (K) Limited | 1st July 1953 |
| 6 | Bank of India | 5th June 1953 |
| 7 | Citibank N.A Kenya | 1st July 1974 |
| 8 | Consolidated Bank of Kenya Limited | 18th December 1989 |
| 9 | Co-operative Bank of Kenya Limited | 1st July 1968 |
| 10 | Credit Bank Limited | 30th November 1994 |
| 11 | Development Bank of Kenya Limited | 20th September 1996 |
| 12 | Diamond Trust Bank Kenya Limited | 15th November 1994 |
| 13 | DIB Bank Kenya Limited | 13th April 2017 |
| 14 | Ecobank Kenya Limited | 16th June 2008 |
| 15 | Equity Bank Kenya Limited | 28th December 2004 |
| 16 | Family Bank Limited | 1st May 2007 |
| 17 | First Community Bank Limited | 29th April 2008 |
| 18 | Guaranty Trust Bank (K) Ltd | 13th January 1995 |
| 19 | Guardian Bank Limited | 20th December 1995 |
| 20 | Gulf African Bank Limited | 1st November 2007 |
| 21 | Habib Bank A.G Zurich | 1st July 1978 |
| 22 | I&M Bank Limited | 27th March 1996 |
| 23 | Kingdom Bank Limited | 2nd March 2010 |
| 24 | KCB Bank Kenya Limited | 1st January 1896 |
| 25 | Mayfair CIB Bank Limited | 20th June 2017 |
| 26 | Middle East Bank (K) Limited | 28th November 1980 |
| 27 | M-Oriental Bank Limited | 8th February 1991 |
| 28 | National Bank of Kenya Limited | 1st January 1968 |
| 29 | NCBA Bank Kenya PLC | 5th November 2019 |
| 30 | Paramount Bank Limited | 5th July 1995 |
| 31 | Prime Bank Limited | 3rd September 1992 |
| 32 | SBM Bank Kenya Limited | 1st April 1996 |
| 33 | Sidian Bank Limited | 23rd March 1999 |
| 34 | Spire Bank Ltd | 23rd June 1995 |
| 35 | Stanbic Bank Kenya Limited | 1st June 2008 |
| 36 | Standard Chartered Bank Kenya Limited | 1910 |
| 37 | UBA Kenya Bank Limited | 25th September 2009 |
| 38 | Victoria Commercial Bank Limited | 11th January 1996 |
