List of Best Banks in Kenya

There are different banks in Kenya with distinct services and purposes. These banks are operated by the Central Bank of Kenya (CBK). The CBK's office is headquartered in Nairo

There are different banks in Kenya with distinct services and purposes. These banks are operated by the Central Bank of Kenya (CBK). The CBK's office is headquartered in Nairobi. The CBK was established in 1966 after the East Africa Currency Board dissolved. Its goal is to amend the newest monetary policy and price stability.  It also implements and forms foreign exchange policy, issuing currency and promoting financial stability.

Moody’s Investors Services monitors several ratings, precisely 3 banks in Kenya; Co-operative Bank of Kenya Limited, KCB Bank, and Equity Bank Limited.  Its goal is to make all Kenyan banks remain relevant throughout the financial cycle.  In this segment, we’re going to explore the list of the banks in Kenya:

Equity Group holdings    

Equity Group Holdings was built in 1984 to offer financial services in the country.  Equity Bank offers financial services like retail banking, microfinance, debit and credit cards, loans, investments, and mortgages.  As one of the banks in Kenya, it operates over 720 ATMs and 335 branches. Its main headquarters is in Nairobi and manages other subsidiaries in Uganda, South Sudan, and Rwanda.

Standard Chartered Bank Kenya

Standard Chartered Bank Kenya Limited provides a wide array of banking services and products like investments, loans, debit cards, savings, and transactions. This financial institution was built in 1911. As the oldest bank in Kenya, it is a British multinational financial group subsidiary.  Standard Bank is headquartered in Nairobi and operates more than 108 ATMs and 36 branches in the country.

Barclays Bank Kenya 

Barclays Bank Kenya was established in 1916 to offer financial services and products. It offers high-interest rates and domestic and international resources.  It also provides products and services like credit cards, investments, loans, and savings. The bank is headquartered in Nairobi and has another subsidiary in the UK.

Kenya Commercial Bank- KCB Bank Kenya    

KCB Bank majorly focuses on financing assets. It was established in 2015 and operates more than 168 branches.  Kenya commercial bank provides services and products like investments, credit cards, loans, mortgages, and savings.

Cooperative Bank of Kenya

Cooperative Bank of Kenya serves over 3.5 million users and acts as the second-largest customer base. The bank provides many banking services and products like debit cards, loans, investments, and savings. This financial institution operates nearly 155 branches and around 583 ATMs.  This financial institution was established in 1965 and headquartered in Nairobi.

Diamond Trust Bank of Kenya

Diamond Trust Bank Kenya provides different banking services and products like deposit accounts, asset finance, mortgages, savings, insurance, and investments. The bank is the leading financial institution across East Africa, with subsidiaries in other states like Tanzania and Uganda. It began operating in Kenya back in 1945 and is headquartered in Nairobi.   

National Bank of Kenya   

The government operates the National Bank of Kenya directly. As the best bank in Kenya, it provides different financial services and products such as credit cards, savings, checking, investments, and loans. It was built in 1968 but operates outside Nairobi.

Stanbic Bank

Stanbic Bank offers many banking services and products like mortgages, commercial and private banking, credit cards, and asset management. The bank is headquartered in Johannesburg, South Africa. It adopted the word Stanbic Bank when its official management team acquired the ANZ Grindlays Bank. The aim was to distinguish it from the Standard Chartered Bank, its former central bank.

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