July 26, 2017 4:45 PM ET

Banks

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

23 Koinange Street

PO Box 51133

Nairobi,  00200

Kenya

Founded in 1989

Key Executives for Consolidated Bank of Kenya Limited

Chief Executive Officer & Director
Head of Operations & Central Processing
Deputy Managing Director
Head of Strategy
Compensation as of Fiscal Year 2017.

Consolidated Bank of Kenya Limited Key Developments

Consolidated Bank of Kenya Limited Reports Earnings Results for the Nine Months Ended September 30, 2016

Consolidated Bank of Kenya Limited reported earnings results for the nine months ended September 30, 2016. For the quarter, the company reported pretax Loss of KES 190 million, interest Income also remained at the same level as previous year at KES 1.3 billion and the net advances remained at the same level as the previous year at KES 9.1 billion.

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."

Similar Private Companies By Industry

Company Name Region
Bank Of Africa - Kenya Limited Middle East/Africa
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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

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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