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July 31, 2015 1:03 PM ET


Company Overview of Jamii Bora Bank Limited

Company Overview

Jamii Bora Bank Limited offers banking services. The company was formerly known as City Finance Bank and changed its name to Jamii Bora Bank Limited in February 2010 after its merger with Jamii Bora Trust. Jamii Bora Bank Limited was founded in 1999 and is based in Nairobi, Kenya.

Koinange Street

Nairobi,  00400


Founded in 1999


254 20 2224238


254 20 2214636

Key Executives for Jamii Bora Bank Limited

Jamii Bora Bank Limited does not have any Key Executives recorded.

Jamii Bora Bank Limited Key Developments

Jamii Bora Bank To Raise Funds

Jamii Bora Bank Limited is planning to raise KES 3 billion. Jamii Bora is not considering any merger with other financial institutions. Samuel Kimani, Chief Executive Officer, Jamii Bora Bank, said, "We have KES 2.3 billion capital. Our plan is to raise another KES 3 billion. We will not be merging with any bank."

Jamii Bora Reports Earnings Results for the Year Ended 2013

Jamii Bora reported earnings results for the year ended 2013. The bank has posted a 300% jump in net profit boosted by increased market access and SME business. The bank said its net profit for last year rose to KES 157.2 million from KES 52.74 million posted in 2012.

MasterCard Partners with Jamii Bora Bank to Enhance Electronic Payments Adoption

MasterCard has announced the licensing of Jamii Bora Bank to issue MasterCard debit, prepaid and credit cards in Kenya in expectation of enhancing the adoption of electronic payments among the bank's niche clientele.

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Private Placement
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