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August 04, 2015 7:20 PM ET

Banks

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

Nairobi,  

Kenya

Founded in 1989

Phone:

254 20 321 5000

Fax:

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

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.

Kenya To Sell Consolidated Bank of Kenya Via IPO Or To Investors

The Treasury of Kenya is seeking to table before the Cabinet its plans to sell Consolidated Bank of Kenya Limited after receiving a report on the proposed transaction from the Privatisation Commission. Henry Rotich, Finance Secretary of Kenya, said that the sale could involve an initial public offering (IPO), strategic investor(s) or both. "We are preparing a cabinet memo to implement the advice of the privatisation committee,” he added.

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Recent Private Companies Transactions

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Date
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