October 25, 2016 10:25 PM ET


Company Overview of Consolidated Bank of Kenya Limited

Company Overview

Consolidated Bank of Kenya Limited provides banking, financial, and related services for individuals, small and medium enterprises, and businesses in Kenya. The company offers current accounts, student's accounts, savings accounts, salary accounts, e-cash accounts, and currency savings and current accounts; and fixed deposits. It also provides personal loans, mortgage loans, scholar loans, asset finance, business term loans, commercial construction loans, insurance finance, bid bonds, trade finance, performance bonds, bills discounting, and invoice discounting services; and treasury products, as well as forex, agent banking, tax payment, ATM, and Internet and mobile banking services. The com...

Consolidated Bank House

Koinange Street

PO Box 51133 - 00200



Founded in 1989


254 20 321 5000


254 20 340213

Key Executives for Consolidated Bank of Kenya Limited

Chief Executive Officer and Director
Deputy Managing Director
Head of Strategy
Compensation as of Fiscal Year 2016.

Consolidated Bank of Kenya Limited Key Developments

Consolidated Bank, Development Bank And National Bank Plan Merger

Development Bank of Kenya Ltd., Consolidated Bank of Kenya Limited and National Bank of Kenya Ltd. (NASE:NBK.O) are planning to merge or consolidate the three banks. Kenya has suspended the sale of Consolidated Bank, Development Bank And National Bank. Executive Director of Kenya's Privatization Commission said: "The next steps on privatization of the banks are to be determined taking into account the decisions regarding the merger. Decision on what is to be privatized will be based on the review results. We are already looking for a consultant to carry out a review of the feasibility, possible options and modalities of merging the three banks."

National Bank Not Aware Of Any Merger Plan

National Bank of Kenya Ltd. (NASE:NBK.O) said it has not been briefed on any merger plans with Consolidated Bank of Kenya Limited. "We are not aware of such kind of plans and we happened to read it in the newspaper just like anybody else and nothing has been communicated to us on the said merger," said Chief Executive Munir Ahmed.

Consolidated Bank of Kenya Ltd Announces Executive Changes

Consolidated Bank of Kenya Ltd. announced that former Kenya Commercial Bank Ltd. director of financial planning and control Thomas Kipkemei Kiyai is set to replace the company's Ndegwa Wachira, long-serving CEO who retired in 2013.

Similar Private Companies By Industry

Company Name Region
Chase Bank (Kenya) Limited Middle East/Africa
Co-opholdings Co-operative Society Limited Middle East/Africa
Commercial Bank of Africa Limited Middle East/Africa
Consolidated Bank of Kenya Limited Middle East/Africa
Development Bank of Kenya Ltd. Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

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