Who Owns Kenyan Banks And Their Shareholders
Kenya Commercial Bank and Commercial Bank of Africa Photo/Courtesy

The banking sector in Kenya is robust as ever. Out of the 42 commercial banks currently in the country, 28 are locally owned while the rest are owned by foreigners. The Central Bank of Kenya basis commercials banks in three categories based on their assets. Tier 1 banks are at the apex of the banking foodchain with hundreds of billions in assets. Tier 2 and tier 3 are medium sized and small sized banks respectively.

Commercial Banks & Mortgage Finance Shareholding Information

I. Institutions in Terms of Shareholding

a) Foreign owned institutions

i) Foreign owned not locally incorporated
• Bank of India
• Citibank N.A. Kenya
• Habib Bank A.G. Zurich
• Habib Bank Ltd.

ii) Foreign owned but locally incorporated institutions (Partly owned by locals)
• Bank of Baroda (K) Ltd.
• Barclays Bank of Kenya Ltd.
• Diamond Trust Bank Kenya Ltd.
• K-Rep Bank Ltd.
• Standard Chartered Bank (K) Ltd.
• Ecobank Ltd
• Gulf Africa Bank (K) Ltd
• First Community Bank

iii) Foreign owned but locally incorporated institutions
• Bank of Africa (K) Ltd.
• UBA Kenya Bank Limited

b) Institutions with Government participation

• Consolidated Bank of Kenya Ltd.
• Development Bank of Kenya Ltd.
• Housing Finance Ltd.
• Kenya Commercial Bank Ltd.
• National Bank of Kenya Ltd.
• Stanbic Bank Kenya Limited.

c) Institutions locally owned

• African Banking Corporation Ltd.
• Jamii Bora Bank Ltd.
• Commercial Bank of Africa Ltd.
• Co-operative Bank of Kenya Ltd.
• Credit Bank Ltd.
• Charterhouse Bank Ltd.
• Chase Bank (K) Ltd.
• Dubai Bank Kenya Ltd
• Equatorial Commercial Bank Ltd.
• Equity Bank Ltd.
• Family Bank Ltd.
• Fidelity Commercial Bank Ltd.
• Fina Bank Ltd.
• Giro Commercial Bank Ltd.
• Guardian Bank Ltd.
• Imperial Bank Ltd.
• Investment & Mortgages Bank Ltd.
• Middle East Bank (K) Ltd.
• NIC Bank Ltd.
• Oriental Commercial Bank Ltd.
• Paramount Universal Bank Ltd.
• Prime Bank Ltd.
• Trans-National Bank Ltd.
• Victoria Commercial Bank Ltd.

II. Institutions listed on the NSE

• Barclays Bank of Kenya Ltd.
• Stanbic Bank Kenya Limited.
• Equity Bank Ltd.
• Housing Finance Ltd.
• Kenya Commercial Bank Ltd.
• NIC Bank Ltd.
• Standard Chartered Bank (K) Ltd.
• Diamond Trust Bank Kenya Ltd
• National Bank of Kenya
• Co-operative Bank of Kenya Ltd
Shareholders
The National Bank of Kenya

No.NamesAddressNumber of Shares% of shares
1National Social Security FundP.O. Box 30664 – 00100 Nairobi, Kenya162,802,74648.1%
2The Permanent Secretary To The TreasuryP.O. Box 30007 – 00100 Nairobi, Kenya76,230,00022.5%
3Kenya Reinsurance Corporation LimitedP.O. Box 40984 – 00100 Nairobi, Kenya4,840,0001.4%
4Best Investment Decisions LimitedP.O. Box 40127 – 00100 Nairobi, Kenya2,350,2710.7%
5Baywood Holdings LimitedP.O. Box 81862 – 00100 Nairobi, Kenya1,945,7060.6%
6Stanbic  Nominees  Limited  A/C NR5551514P.O.Box 30550 – 00100 Nairobi, Kenya1,864,8630.6%
7Equity  Nominee  Ltd A/C 00084P.O Box 75104 – 00200 Nairobi, Kenya1,256,3430.4%
8NBK Client  A/C 1P.O. Box 72866 – 00200 Nairobi, Kenya1,143,4500.3%
9Eng. Ephraim  Mwangi  MainaP.O BOX 53208 – 00200 Nairobi, Kenya1,105,0030.3%
10George Muhia MwauraP.O BOX 1408 – 00100 Nairobi, Kenya1,026,4400.3%

 

THE CO-OPERATIVE BANK OF KENYA LIMITED

OWNERSHIP STRUCTURE AS AT 28-02-2019

 

SHAREHOLDER CATEGORY
RANKFOREIGN INVESTOR% HELD
1STANBIC NOMINEES LTD A/C NR10306820.54
2STANDARD CHARTERED NOMINEES A/C KE125060.20
3STANBIC NOMINEES LIMITED A/C NR10310100.13
4STANDARD CHARTERED NOMUNEES NON-RESD. A/C 90690.12
5STANBIC NOMINEES LIMITED A/C NR10310120.11
6STANDARD CHARTERED NOM A/C KE120050.09
7STANDARD CHARTERED NOMINEE ACCOUNT KE176050.09
8STANDARD CHARTERED NOMINEES NON-RESIDENT AC 91900.08
9STANDARD CHARTERED NOM A/C KE 119930.07
10STANDARD CHARTERED NOMINEES NON-RESID A/C 93420.06
SUBTOTAL1.50
OTHERS0.58
TOTAL2.08
RANKLOCAL INDIVIDUAL INVESTORS% HELD
1GIDEON MAINA MURIUKI1.77
2AMARJEET BALOOBHAI PATEL & BALOOBHAI CHHOTABHAI PATEL0.45
3STANLEY CHARLES MUCHIRI0.13
4CYRUS KABIRA NJINE0.12
5MACLOUD MUKITI MALONZA0.09
6FREDRICK FANUEL ODHIAMBO0.08
7JACOB M OLUDHE ONDIK0.07
8JULIUS KIPKURGAT SITIENEI0.07
9WEDA WELTON0.06
10SAMUEL GITONGA MUTUNGI0.06
SUBTOTAL2.90
OTHERS12.73
TOTAL15.64
RANKLOCAL INSTITUTIONAL INVESTORS% HELD
1CO-OPHOLDINGS CO-OPERATIVE SOCIETY LIMITED64.56
2KENYA COMMERCIAL BANK NOMINEES LIMITED A/C 915B0.77
3NIC CUSTODIAL SERVICES A/C 0770.63
4KENYA COMMERCIAL BANK NOMINEES LIMITED A/C 915A0.47
5STANDARD CHARTERED NOMINEES RESD A/C KE114430.34
6OLD MUTUAL LIFE ASSURANCE COMPANY LTD0.33
7STANDARD CHARTERED NOMINEES RESD A/C KE114010.33
8KENYA REINSURANCE CORPORATION LIMITED0.31
9EQUITY NOMINEES LIMITED A/C 000990.31
10STANDARD CHARTERED NOMINEES A/C 92300.28
SUBTOTAL68.32
OTHERS13.97
TOTAL82.29
TOTAL ISSUED SHARES100
TOTAL NUMBER OF SHAREHOLDERS96,907
TOTAL ISSUED SHARES5,867,174,695

 

Kenya Commercial Bank Ltd 

Total      100.00

1              Permanent Secretary to the Treasury of Kenya   17.53

2              National Social Security Fund (Kenya)     5.64

3              Standard Chartered Nominees A/C 9867 2.25

4              Standard Chartered Nominees Limited A/C KE23221         2.07

5              CFC Stanbic Nominees Limited A/C NR3530153-1                2.02

6              Standard Chartered Kenya Nominee A/C KE17682              1.91

7              Standard Chartered Kenya Nominees Limited A/C KE002742          1.72

8              Standard Chartered Nominees Limited A/C KE002382       1.51

9              Standard Chartered Nominees A/C KE9688           1.49

10           Standard Chartered Kenya Nominees Non-Resd. A/C 9069             1.18

11           Other Shareholders        62.69

Commercial Bank Of Africa

Who Owns Kenyan Banks And Their Shareholders

Who Owns Kenyan Banks And Their Shareholders