ABC Bank (Kenya)

Last updated
African Banking Corporation Limited
Company typePrivate
Industry Financial services
Founded1981 (1981)
HeadquartersABC Bank House, Woodvale Grove, Westlands, Nairobi, Kenya
Key people
Sridhar Natarajan (Group CEO)
Products Credit facilities, savings, diaspora banking, investments, debit cards, forex and money markets, mortgages, money transfer services, mobile banking, Internet banking
Number of employees
300+
Website www.abcthebank.com

African Banking Corporation Limited (ABC Bank Kenya) is a Kenyan commercial bank, established in 1984.

Contents

In March 2017, ABC acquired the LEI certification from the London Stock Exchange. [1]

History

ABC Bank was started in 1981, as a financial institution named Consolidated Finance Company Limited.

Following 1994 legislation allowing financial institutions to convert into banks, Consolidated Finance Company transformed into African Banking Corporation Limited (ABC Bank) in 1995. [2]

Subsidiaries

ABC Bank (Kenya) owns the following subsidiaries, either in whole or in part:

  1. ABC Capital Bank, Kampala, Uganda (Tier II credit institution)
  2. ABC Capital Limited, Nairobi, Kenya (stock brokerage)
  3. ABC Insurance Limited, Nairobi, Kenya (insurance brokerage) [3]

See also

References

  1. ↑ "HOME". Business Daily. Retrieved 2017-03-29.
  2. ↑ "ABC BANK | Achieve the extraordinary". www.abcthebank.com. Retrieved 2017-03-20.
  3. ↑ "ABC BANK | Achieve the extraordinary". www.abcthebank.com. Retrieved 2017-03-20.
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