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Kenya Post Office Savings Bank, often referred to as Postbank, is a Savings Bank in Kenya. Unlike other commercial banks in Kenya that are licensed and regulated by the Central Bank of Kenya, Postbank is regulated by the Kenya Post Office Savings Bank Act Cap 493B. [1] This gives it a unique feature where interest income earned by depositors is ...
NCBA Bank Kenya is a subsidiary of NCBA Group Plc, a large financial services provider in East Africa, and parts of West Africa. The group maintains its headquarters in Nairobi, Kenya. NCBA Group Plc owns subsidiary companies in Kenya, Uganda, Tanzania, Rwanda and the Ivory Coast. As of September 2019, NCBA Bank's total asset base was valued at ...
Years active. 1981 – present. Known for. Leadership Skills, Title. Managing Director of Kenya Post Office Savings Bank. Anne Karanja is a Kenyan businesswoman, auditor and corporate executive, who serves as the managing director and chief executive officer of Kenya Post Office Savings Bank, effective 2014. [1]
As of December 2015, KCB Bank Kenya was the largest commercial bank in Kenya with assets of more than US$3.681 billion (KES:366 billion) and US$2.776 billion (KES:276 billion) in customer deposits. In August 2021, the bank recorded a customer deposit growth to USD$5.47 billion (KES:601.7 billion) and had an asset base value of USD$7.09 billion ...
The original Post Office Savings Bank was limited to deposits of £30 per year with a maximum balance of £150. Interest was paid at the rate of 2.5 percent per annum on whole pounds in the account. Later, the limits were raised to a maximum of £500 per year in deposits with no limit on the total amount.
Leadership, Banking expertise. Nasim Mohamed Devji, is a Kenyan businesswoman, accountant and corporate executive, who serves as the managing director and chief executive officer of Diamond Trust Bank Group, a commercial banking conglomerate, with headquarters in Nairobi and banking subsidiaries in Burundi, Kenya, Tanzania and Uganda. [1]
Post Office Savings Bank is a name used by postal savings systems in several countries, including: New Zealand, later renamed the PostBank. United Kingdom, later renamed the National Savings and Investments. Singapore, later renamed POSB Bank. Kenya, also known as the Kenya Post Office Savings Bank. Austra, also known as the Österreichische ...
She has served on the boards of Kenyan and international organizations, including at the Nairobi Stock Exchange, being the first female to serve in that capacity. She has also served on the boards of Jitegemee Trust Limited, a microfinance company, National Bank of Kenya, and Kenya Post Office Savings Bank.