List of best Banks in Kenya

List of best Banks in Kenya. A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.

Whereby banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords.

Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties – notably, the Medicis, the Fuggers, the Welsers, the Berenbergs, and the Rothschilds – have played a central role over many centuries. The oldest existing retail bank is Banca Monte dei Paschi di Siena (founded in 1472), while the oldest existing merchant bank is Berenberg Bank (founded in 1590).

GTBank Thika Branch

• Address:Kwame Nkrumah / Cross Road Roundabout, Kigio Plaza, Thika
•  City/Town: Thika
•  Telephone Number: +254 703 084 230 / 1
•  Email Address:
•  Website: https://www.gtbank.co.ke/

Standard Chartered Bank JKIA Branch

•  Address:Jomo Kenyatta International Airport, Cargo Road, Freight terminal, Nairobi
•  City/Town: Nairobi
•  Telephone Number:
•  Email Address:
•  Website: https://www.sc.com/ke

This is a list of notable commercial banks in Kenya Licensed commercial banks

1. ABC Bank (Kenya)
2. Absa Bank Kenya
3. Access Bank Kenya
4. Bank of Africa
5. Bank of Baroda
6. Bank of India
7. Citibank
8. Consolidated Bank of Kenya
9. Cooperative Bank of Kenya
10. Credit Bank
11. Development Bank of Kenya
12. Diamond Trust Bank
13. Dubai Islamic Bank
14. Ecobank Kenya
15. Equity Bank Kenya
16. Family Bank
17. First Community Bank
18. Guaranty Trust Bank Kenya
19. Guardian Bank
20. Gulf African Bank
21. Habib Bank AG Zurich
22. Housing Finance Company of Kenya
23. I&M Bank
24. Imperial Bank Kenya (In receivership)
25. Kingdom Bank Limited
26. Kenya Commercial Bank
27. Mayfair Bank
28. Middle East Bank Kenya
29. M Oriental Bank
30. National Bank of Kenya
31. NCBA Bank Kenya
32. Paramount Universal Bank
33. Prime Bank (Kenya)
34. SBM Bank Kenya
35. Sidian Bank
36. Spire Bank
37. Stanbic Holdings Plc
38. Standard Chartered Kenya
39. United Bank for Africa
40. Victoria Commercial Bank

Representative offices of foreign banks

1. HDFC Bank
2. Nedbank
3. FirstRand Bank
4. Bank of China
5. JP Morgan Chase
6. Bank of Kigali
7. Bank AL Habib
8. Banque Misr

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