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November 26, 2015 5:15 PM ET


Company Overview of Consolidated Bank of Kenya Limited

Company Overview

Consolidated Bank of Kenya Limited offers commercial banking services in Kenya. Its products include savings account, current account, fixed deposits, foreign account, personal accident insurance cover, and loans and overdrafts. The bank also offers services, such as ATM, e-cell banking, forex business, money transfer, and custodial services. It operates branches in Nairobi, Mombasa, and various towns in the Mt. Kenya region, Kenya. The company was incorporated in 1989 and is headquartered in Nairobi, Kenya.

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
Head of Credit
Ag Head of Operations
Deputy Managing Director
Head of Strategy
Compensation as of Fiscal Year 2015.

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
Guaranty Trust Bank (Kenya) Ltd. Middle East/Africa
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Prime Bank Limited Middle East/Africa
Bank Of Africa - Kenya Limited Middle East/Africa
Development Bank of Kenya Ltd. Middle East/Africa

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