National Bank of Kenya


National Bank of Kenya
National Bank of Kenya
Type Public: NSE: NABK
Industry Financial Services
Founded 1968
Headquarters Nairobi, Kenya
Key people M.E.G.Muhindi
Chairman
Reuben Murambii
Managing Director
Products Loans, Savings, Checking, Investments, Debit Cards, Credit Cards
Revenue increase Pretax:US$33.7+ million (KES:2.7 billion) (2010)
Total assets US$750 million (KES:60 billion) (2010)
Website Homepage

National Bank of Kenya (NBK) is a commercial bank in Kenya. It is one of the forty-four (44) banks licensed by the Central Bank of Kenya, the country's banking regulator.[1]

Contents

Overview

NBK is a large financial services provider in Kenya, serving individuals, small-to-medium companies and businesses (SMEs) and large corporations. Headquartered in Nairobi, the bank owns one subsidiary company: NatBank Trustee and Investment Services Limited. As of December 2010, National Bank of Kenya's asset base was valued at over US$750 million (KES:60 billion),[2] with shareholder's equity in excess of US$110 million. The stock of National Bank of Kenya is listed on the Nairobi Stock Exchange, where it trades under the symbol:NABK.[3]

History

The bank was established in 1968 as a 100% government-owned financial institution. In 1994, the Kenyan Government reduced its shareholding to 68% by selling 32% shareholding to the public. The government further divested from NBK over the years, until its present shareholding of 22.5%, as of October 2010.[4]

Ownership

The stock of National Bank of Kenya is owned by the following corporate entities and individuals: [5]


National Bank of Kenya Stock Ownership
Rank Name of Owner Percentage Ownership
1 National Social Security Fund of Kenya 48.06
2 Government of Kenya 22.50
3 General Public 29.44
Total 100.00

Branches

The branch network of National Bank of Kenya includes branches at the following locations: [6]

  1. Harambee Avenue Branch - Harambee Avenue, Nairobi Main Branch
  2. Credit Card Centre - City Square, Nairobi
  3. Times Tower Branch - Times Tower, Nairobi
  4. Hill Plaza Branch - Hill Plaza, Nairobi
  5. Kenyatta Hospital Branch - Kenyatta National Hospital, Nairobi
  6. Wilson Airport Branch - Wilson Airport, Nairobi
  7. Kenyatta Airport Branch - Jomo Kenyatta International Airport, Nairobi
  8. Kenyatta Avenue Branch - Kenyatta Avenue, Nairobi
  9. Inland Container Branch - Inland Container Depot, Nairobi
  10. Ongata Rongai Branch - Ongata Rongai, Nairobi
  11. Eastleigh Branch - Eastleigh, Nairobi
  12. Awendo Branch - Sare-Awendo
  13. Bungoma Branch - Bungoma
  14. Busia Branch - Busia, Kenya
  15. Eldoret Branch - Eldoret
  16. Moi University Branch - Moi University, Eldoret
  17. Embu Branch - Embu
  18. Kakamega Branch - Kakamega
  19. Kisii Branch - Kisii
  20. Kisumu Branch - Kisumu
  21. Kitale Branch - Kitale
  22. Kitui Branch - Kitui
  23. Mutomo Branch - Mutomo
  24. Meru Branch - Meru
  25. Kianjai Branch - Kianjai, Meru
  26. Molo Branch - Molo
  27. Mombasa Branch - Nkrumah Road, Mombasa
  28. Kapsabet Branch - Kapsabet
  29. Moi Airport Branch - Moi International Airport, Mombasa
  30. Kilindini Port Branch - Kilindini, Mombasa
  31. Ruiru Branch - Ruiru
  32. Portway House Branch - Portway House, Ruiru
  33. Kenyatta University Branch - Kenyatta University, Ruiru
  34. Nakuru Branch - Nakuru
  35. Nyeri Branch - Nyeri
  36. Limuru Branch - Limuru
  37. Karatina Branch - Karatina
  38. Narok Branch - Narok
  39. Kiambu Branch - Kiambu
  40. Migori Branch - Migori
  41. Nandi Hills Branch - Nandi Hills
  42. Westlands Branch - Westlands
  43. Ukunda Branch - Ukunda
  44. KRA Branch - Kenya Revenue Authority Headquarters, 1st Floor, Times Tower, Nairobi[7]

External links

See also

References


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