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Cooperative Bank is a large financial services institution. Its total assets were valued at 404.15 billion KES (about US$4 billion). [1] At 31 December 2013, its shareholders' equity was valued at approximately 36.8 billion shillings. [4] As of May 2012, the bank controlled about 8.2% of all bank assets in Kenya. [5]
First Community Bank. Guaranty Trust Bank Kenya [18] Guardian Bank. Gulf African Bank. Habib Bank AG Zurich. Housing Finance Company of Kenya [19] I&M Bank [20] Imperial Bank Kenya (In receivership) [21] Kingdom Bank Limited.
The bank was founded, as a Charitable Trust, by fifty destitute families on the streets of Nairobi, Kenya's capital and largest city.In March 2010, it merged with another financial institution with a banking license and transformed into a fully fledged commercial bank.
Total assets. US$142 million (KES:20 billion) (2023) Website. www.imarishasacco.co.ke. Imarisha Cooperative Savings and Credit Society Limited, also known as Imarisha Sacco Limited, but often referred to as Imarisha Sacco, is a savings and credit co-operative society (Sacco) in Kenya, the largest economy in the East African Community.
KSh9.3 billion (US$93.2 million) (2015) [1] Website. www.unaitas.com. Unaitas Sacco Society Limited, whose full name is Unaitas Savings & Credit Cooperative Society Limited, also Unaitas Sacco, is a savings and credit co-operative society (Sacco) in Kenya. Membership includes individuals, investment groups and small businesses.
CIB Kenya was granted a banking licence by the CBK on 20 June 2017 [6] and began its operations on 1 August 2017. [7] [8]In December 2019, Commercial International Bank, based in Egypt began the process of seeking regulatory approval in Egypt and Kenya, to acquire a controlling interest in Mayfair Bank.
KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi Limited, KCB Bank Rwanda Limited, KCB Bank South Sudan Limited, KCB Bank Tanzania Limited, KCB TMB Congo and KCB Bank Uganda Limited.
Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money and even equities. [1] Many cooperative banks are traded on public stock markets, with the result that they ...