What Is a Bank?
A bank is a financial institution licensed to deal with transactions of money. It accepts deposits from the public and offers withdrawals and lending services to its customers.
Basic Bank Services
Banks offer various financial services as listed below:
- Accepting Deposits
- Loan Services
- Custodian Service
- Checking Accounts
- Savings Accounts
Types of Banks
- Commercial Banks
- Retail Banks
- Central Banks
List of Banks in Kenya
Below is the list of banks in Kenya:
- Central Bank of Kenya (Government regulating bank).
- Kenya Commercial Bank(KCB) Bank
- Equity Bank
- Co-operative Bank of Kenya
- Standard Chartered
- ABSA
- UBA Kenya Bank Ltd
- Suntra Investment Bank Ltd
- Sterling Investment Bank
- Prime Bank
- Paramount Bank
- Oriental Commercial Bank Ltd.
- NCBA Bank
- National Bank
- Gulf Africa Bank (K) Ltd
- Habib Bank Ltd
- K-Rep Bank
- Kenya Post Office Savings Bank
- Investments & Mortgages Bank Limited – I&M Bank
- Imperial Bank Limited
- Housing Finance
- Bank of India
- Guardian Bank Ltd.
- Giro Commercial Bank Ltd
- Fina Bank
- Fidelity Bank
- First Community Bank
- Faida Investment Bank – FIB
- Equatorial Investment Bank
- Equatorial Commercial Bank Limited
- Dubai Bank Kenya Ltd
- Development Bank Of Kenya Ltd
- Consolidated Bank
- Citibank Kenya
- Chase Bank
- CFC Stanbic Bank Limited
- Jamii Bora Bank Ltd.
- Bank Of Baroda (Kenya) Ltd.
- Bank of Africa Kenya Ltd
- Afrika Investment Bank
- African Development Bank Group
- African Banking Corporation