Finance

Top 10 international banks in Kenya

Top 10 International banks in Kenya

International banks in Kenya

International banking is the practice of providing financial services across international boundaries. Banks provide services such as accepting deposits, issuing loans, facilitating payments, and offering investment products to customers around the world.
Kenya has emerged as a hub for international banking, attracting a diverse array of financial institutions from around the globe. These international banks play a pivotal role in the country’s economy, offering a wide range of services to individuals, businesses, and government entities. The following are 110 international banks operating in Kenya, highlighting their contributions and impact on the local financial landscape.

1. Standard Chartered Bank Kenya

Standard Chartered Bank has a long-standing presence in Kenya, dating back over a century. With a strong focus on corporate and retail banking, Standard Chartered offers a comprehensive suite of financial products and services, including trade finance, wealth management, debit card and digital banking solutions. The bank’s commitment to innovation and customer service has solidified its position as one of the leading international banks in Kenya.

 

Standard Chartered bank location:
Westlands
Standard Chartered bank phone and email:
+(254)203293900

2. Barclays Bank of Kenya (ABSA)

Barclays bank of Kenya is one of the top international banks in Kenya offering the currency exchange facilities, cross border payment and other facilities. Barclays Bank of Kenya was formerly known as , Absa Group Limited rebranded its operations in Kenya under the Absa name in 2020. Despite the rebranding, Absa continues to be a major player in Kenya’s banking sector, providing a wide range of banking and financial services to individuals, businesses, and institutions. With a focus on digital transformation and customer-centric initiatives, Absa remains a prominent choice for both local and international clients.

Barclays bank of Kenya location:
Off the Waiyaki way
Barclays bank of Kenya phone:
+(254)0203900000

3. Citibank Kenya

Citibank was established back then in June 16, 1812 and was widely known as the City Bank of New York. Citibank is one of the best international banks in kenya comprising of branches in Zambia , Uganda and Tanzania. Known for its global reach and expertise in investment banking, Citibank Kenya offers a range of corporate and institutional banking services, including treasury and cash management, trade finance, and corporate finance solutions.

Citibank offers different account which includes citigold account, basic banking package,Citi priority account package and others.The bank’s strong presence in Kenya underscores its commitment to supporting the country’s economic growth and development.

Citibank location:

Upperhill road

Citibank phone:
+(020)2754444

4. Standard Bank Group Kenya

Standard Bank Group was established in 1911.It is among the best international banks in Kenya Africa’s largest banking group by assets, has a significant presence in Kenya through its subsidiary, Stanbic Bank Kenya. Leveraging its extensive network and deep understanding of the local market, Stanbic Bank Kenya provides a wide range of financial services, including corporate and investment banking, personal and business banking, and wealth management solutions.

Interest rates are a daily call rate that bank provides.The standard Bank interest rates after investing for one month is 8.13%, second month 8.153% ,third month increase to 8.3%.  The bank’s strategic partnerships and focus on innovation have contributed to its success in Kenya’s competitive banking sector.

Standard Bank Group location:

Chiromo road

Standard Bank Group phone and email:

+(254)711068888

customercare@stanbic.com

5. Equity Bank Kenya

Equity Bank was established in 1948. It is originally a Kenyan-based institution, has expanded its operations across East Africa place such as Rwanda, Tanzania Uganda and beyond, establishing itself as a leading player in the region’s banking industry. With a strong emphasis on financial inclusion and innovation, Equity Bank Kenya offers a range of banking products and services tailored to the needs of individuals, SMEs, and large corporations.

The bank’s extensive branch network and digital banking platforms have helped it reach underserved communities and drive inclusive economic growth making it to be one of the best international banks in Kenya.

Equity Bank location:

Upper Hill

Equity Bank Phone:

+(254)7630000000

6. KCB Bank Group

Kenya Commercial Bank (KCB) Group is one of the largest financial institutions in East Africa, with a presence in Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan. As a key player in Kenya’s banking sector, KCB offers a comprehensive range of banking and financial services, including retail banking, corporate banking, investment banking, and asset management.

It was established in 1896.The bank’s strong focus on innovation and digital transformation has enabled it to stay ahead of the curve in an increasingly competitive market.

Kenya Commercial Bank Group location:

Moi Avenue

Kenya Commercial Bank Group phone:

+(254)711087000

7. Bank of Africa Kenya

Bank of Africa Kenya is among the best international banks in Kenya.It was established in 1948.  Bank of Africa Group, is known for its focus on SME banking and agricultural finance. With a network of branches in places such as Benin and digital channels, Bank of Africa Kenya provides a wide range of banking products and services to individuals, businesses, and agricultural cooperatives.

The bank’s commitment to supporting local entrepreneurs and fostering economic development has earned it a reputation as a trusted partner in Kenya’s banking community.

Bank of Africa location:

Off Waiyaki way

Bank of Africa phone and email:

+(254)(020)23751200

yoursay@boekenya.com

8. Commercial Bank of Africa (CBA)

Commercial Bank of Africa was established in 1971 and it started operations in 1968.Commercial bank of Africa is now part of NCBA Group following a merger with NIC Bank, is one of Kenya’s oldest and most respected financial institutions. CBA has built a strong reputation for innovation and customer service. The bank offers a diverse range of banking products and services, including retail banking, corporate banking, transactions, debit card and wealth management. The merger with NIC Bank has further strengthened CBA’s position in the market, enabling it to offer enhanced capabilities and greater value to its customers.

Commercial bank of Africa location:

Upper Hill

Commercial bank of Africa phone and email:

+(254)711087001

contactcentre@cbagroup.com

 

9. Ecobank Kenya

Ecobank is one of the best international banks in Kenya which was established in1985 and later in 2017 it was honoured as the best digital bank. Ecobank is a pan-African banking group headquartered in Togo, has a strong presence in Kenya through its subsidiary, Ecobank Kenya. Leveraging its extensive network and expertise in African markets, Ecobank Kenya provides a wide range of banking services to individuals, businesses, and institutions.

With a focus on financial inclusion and digital innovation, Ecobank Kenya is well-positioned to drive economic development and empower communities across Kenya.

Ecobank bank location:

Nairobi, Kenya

Ecobank phone and email:

+(254)(020)2883000

kenya@ecobank.com

10.Bank of India Kenya

Bank of India is one of India’s largest banks that operates as a subsidiary in Kenya. It was established in September 7,1906 and is now offering a range of banking services to local and international clients. With a focus on trade finance, remittances, and corporate banking, Bank of India Kenya serves as a gateway for businesses looking to expand their operations in East Africa.

The bank of India issues debits cards on three platforms which includes Mastercard,VISA and RuPay. The options available at ATM service is withdrawal cash ,depositing money, transferring funds and others.The bank’s global network and expertise in international trade finance make it a valuable partner for companies seeking to navigate the complexities of cross-border transactions.

Bank of India location:

Nairobi, Kenya

Bank of India phone and email:

+(254)(020)221416

senior manager.operations@boikenya.com

The above banks play a vital role in driving economic growth, promoting financial inclusion, and supporting the development aspirations of Kenya and its people. As Kenya continues to position itself as a leading financial center on the continent, the contributions of these international banks will be instrumental in shaping its future success.

FAQS:

1.Which services do international banks in Kenya offer?

International banks in Kenya typically offer a range of services including foreign currency accounts, international money transfers, trade financing, foreign exchange services, and investment advisory.

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