637:
479:
29:
521:
500:
1005:
539:
458:
151:
304:. In 1980, Bank of America acquired 84% shareholding, effectively buying out all the other SFOM partners. Sixteen per cent shareholding in CBA remained in the hands of Kenyan investors. During the 1980s Bank of America divested from the bank, putting 100% shareholding in CBA in the hands of Kenyan nationals.
315:
creating the Kenya's third-biggest bank. The
Transaction was approved by the Kenyan regulators and shareholders in April 2019. On 27 September 2019, the Central Bank of Kenya approved the merger, effective 1 October 2019. Through the merger, the combined group, NCBA Group, was to consolidate their
328:
Commercial Bank of Africa's ownership is under a shareholding structure. The
Kenyatta family controls 24.91 percent of CBA through an investment vehicle called Enke Investments Limited. The table below illustrates the shareholding in the company
248:
in Kenya with assets of approximately US$ 2.166 billion (KES:215.6 billion), with shareholders' equity of approximately US$ 217.83 million (KES:21.68 billion). It was the largest privately owned commercial bank in Kenya.
885:
895:
726:
285:
nationalised private banks in 1967, the bank moved its headquarters to
Nairobi. Following political changes in Uganda in 1971, the bank sold its assets in that country.
918:
1434:
809:
784:
1536:
993:
971:
831:
1500:
607:
465:
1531:
1526:
507:
486:
1490:
1274:
1148:
1521:
1347:
308:
186:
1259:
1228:
1193:
986:
1411:
1108:
1158:
544:
1269:
1128:
1495:
1083:
1118:
1098:
1088:
979:
1465:
1401:
1249:
1233:
1223:
1188:
1103:
957:
949:
1001:
1485:
1264:
1439:
1416:
1178:
1168:
1009:
617:
297:
230:
1393:
1378:
1254:
1163:
1068:
1025:
923:
700:
622:
234:
1368:
1218:
1143:
1058:
810:"NIC Bank Limited shareholders approve reorganisation in an Extraordinary General Meeting"
8:
1153:
1043:
103:
696:
1480:
1373:
1203:
1198:
1470:
1358:
1138:
1048:
839:
120:
673:
1353:
1338:
1315:
1053:
627:
288:
At the beginning, CBA was owned by a consortium of financial institutions known as
1363:
1183:
1173:
1035:
961:
788:
731:
317:
301:
245:
39:
28:
1300:
1279:
1208:
1063:
543:– 33.33% shareholding. Balance of 66.67% shareholding in AIG Kenya held by the
312:
181:
862:
1515:
1475:
1295:
1133:
1113:
890:
469:
316:
banking business. This led to the transfer of business to one entity renamed
258:
197:
1444:
1426:
1330:
1017:
642:
238:
1406:
1213:
1123:
1093:
296:. Original members of the consortium included Banque Nationale de Paris,
293:
727:"Kenyan mobile lender customers in Uganda hit 0.6 million in two months"
1383:
42:
1310:
1305:
1073:
762:
612:
440:
139:
1078:
758:
478:
473:
282:
93:
1449:
1320:
835:
674:"CBA Annual Report and Financial Statements for 31 December 2015"
529:
490:
448:
274:
266:
262:
222:
135:
52:
966:
520:
515:
511:
499:
494:
278:
1004:
538:
533:
457:
452:
330:
270:
226:
160:
131:
107:
919:"CBA seeks licence to start operating in Rwanda next year"
832:"Kenya Central Allows Merger of Lenders NIC and CBA Group"
221:(CBA) was a financial services provider headquartered in
886:"Commercial Bank of Africa Returns To Ugandan Market"
863:"Shareholding in the Commercial Bank of Africa Group"
785:"Kenya's NIC Group Shareholders Back Merger With CBA"
439:
Commercial Bank of Africa (Kenya) is a member of the
244:
As of
December 2015, the bank was one of the largest
632:
311:(CBA Group) announced that it would be merging with
954:
697:"Central Bank of Kenya: Licensed Commercial Banks"
434:
154:Aftertax:US$ 36 million (KES:3,592 billion) (2015)
865:. Nairobi: Commercial Bank of Africa Group (CBAG)
1513:
337:Commercial Bank of Africa Group Stock Ownership
955:Website of Commercial Bank of Africa (Tanzania)
829:
987:
782:
579:Mr. Martin Mugambi – group executive director
1501:Structured Financial Messaging System (SFMS)
950:Website of Commercial Bank of Africa (Kenya)
582:Mr. Jeremy Ngunze – chief executive – Kenya
290:Société Financière pour les Pays d'Outre-Mer
166:US$ 2.166 billion (KES:215.6 billion) (2015)
576:Mr. Isaac Awoundo – group managing director
119:Desterio Oyatsi (Chairman), Isaac Awuondo (
994:
980:
556:The chairman of the board of directors is
261:, Tanzania. Soon, branches were opened in
16:Financial services provider in East Africa
883:
756:
671:
1491:National Electronic Fund Transfer (NEFT)
759:"Commercial Bank of Africa: Our History"
724:
1514:
884:Nakaweesi, Dorothy (22 January 2014).
752:
750:
667:
665:
663:
661:
659:
588:Hon. Abdirahin Haithar Abdi – director
560:, one of the non-executive directors.
528:AIG Kenya Insurance Company Limited –
975:
916:
830:George Obulutsa (27 September 2019).
725:Herbling, David (28 September 2016).
573:Mr. Muhoho Kenyatta – deputy chairman
1537:Kenyan companies established in 1962
860:
720:
718:
608:Commercial Bank of Africa (Tanzania)
466:Commercial Bank of Africa (Tanzania)
447:Commercial Bank of Africa (Kenya) –
747:
694:
656:
411:Other Institutions & Individual
13:
917:Ngigi, George (24 November 2015).
802:
594:Mr. Nelson J.M Mainnah – director
591:Mr. Nicholas A. Nesbitt – director
508:Commercial Bank of Africa (Rwanda)
487:Commercial Bank of Africa (Uganda)
14:
1548:
1496:Real Time Gross Settlement (RTGS)
943:
715:
676:. Commercial Bank of Africa (CBA)
564:serves as the managing director.
1275:Kenya Mortgage Refinance Company
1149:Housing Finance Company of Kenya
1003:
967:Website of Central Bank of Kenya
635:
597:Mr. Mukesh K. R. Shah – director
585:Mr. Stuart J Armitage – director
537:
519:
498:
477:
456:
257:The bank was founded in 1962 in
241:and national banking regulator.
150:
149:
27:
1243:Financial services organization
910:
783:Omar Mohammed (17 April 2019).
757:CBA Group (28 September 2016).
435:Commercial Bank of Africa Group
309:Commercial Bank of Africa Group
187:Commercial Bank of Africa Group
1466:Automated Teller Machine (ATM)
877:
854:
823:
776:
688:
378:Livingstone Registrars Limited
1:
1412:Kenya Women Microfinance Bank
1109:East African Development Bank
649:
551:
443:of companies. These include:
229:, the largest economy in the
1445:United Nations Sacco Society
545:American International Group
323:
7:
1054:African Banking Corporation
672:CBA Group (28 March 2016).
601:
400:Ropat Trust Company Limited
77:30 September 2019
10:
1553:
1532:Companies based in Nairobi
1476:De-Materialisation (DEMAT)
1084:Consolidated Bank of Kenya
252:
233:. CBA was licensed by the
1527:Banks established in 1962
1458:
1425:
1394:Microfinance Institutions
1392:
1344:Commercial Bank of Africa
1329:
1288:
1242:
1099:Development Bank of Kenya
1089:Cooperative Bank of Kenya
1034:
1016:
894:. Kampala. Archived from
861:CABG (31 December 2017).
695:CBK (28 September 2016).
568:Other executives include:
219:Commercial Bank of Africa
192:
180:
170:
158:
145:
127:
113:
99:
88:
73:
58:
48:
35:
26:
22:Commercial Bank of Africa
1486:Foreign Exchange (FOREX)
1402:Choice Microfinance Bank
1234:Victoria Commercial Bank
1224:Standard Chartered Kenya
1189:Paramount Universal Bank
389:Yana Investments Limited
356:Enke Investments Limited
333:, as of December 2017.
318:NCBA Bank Kenya Limited
1522:Defunct banks of Kenya
1440:Mwalimu National Sacco
1435:Imarisha Sacco Society
1417:SMEP Microfinance Bank
1229:United Bank for Africa
1179:National Bank of Kenya
1169:Middle East Bank Kenya
960:25 August 2010 at the
618:List of banks in Kenya
367:Ropat Nominees Limited
298:Bank Bruxelles Lambert
231:East African Community
1379:Imperial Bank Limited
1255:Equity Group Holdings
1164:Kenya Commercial Bank
1026:Central Bank of Kenya
924:Business Daily Africa
701:Central Bank of Kenya
623:Central Bank of Kenya
348:Percentage Ownership
235:Central Bank of Kenya
1369:Giro Commercial Bank
1159:Kingdom Bank Limited
1144:Habib Bank AG Zurich
842:on 28 September 2019
1129:Guaranty Trust Bank
525:– 100% shareholding
504:– 100% shareholding
483:– 100% shareholding
462:– 100% shareholding
338:
300:, Commerzbank, and
172:Number of employees
104:Upper Hill, Nairobi
23:
1481:Financial services
1346:(Formerly part of
1104:Diamond Trust Bank
898:on 1 February 2014
336:
307:In December 2018,
21:
1509:
1508:
1139:Gulf African Bank
1079:Citibank NA Kenya
1049:Access Bank Kenya
432:
431:
292:(SFOM), based in
216:
215:
176:1,104 (2015)
121:Managing Director
1544:
1354:Dubai Bank Kenya
1265:I&M Holdings
1008:
1007:
996:
989:
982:
973:
972:
937:
936:
934:
932:
914:
908:
907:
905:
903:
881:
875:
874:
872:
870:
858:
852:
851:
849:
847:
838:. Archived from
827:
821:
820:
818:
816:
806:
800:
799:
797:
795:
780:
774:
773:
771:
769:
754:
745:
744:
742:
740:
722:
713:
712:
710:
708:
692:
686:
685:
683:
681:
669:
645:
640:
639:
638:
628:Economy of Kenya
542:
541:
524:
523:
503:
502:
482:
481:
461:
460:
339:
335:
246:commercial banks
212:
209:
207:
205:
203:
201:
199:
163:
153:
152:
134:, credit cards,
84:
82:
69:
67:
31:
24:
20:
1552:
1551:
1547:
1546:
1545:
1543:
1542:
1541:
1512:
1511:
1510:
1505:
1454:
1421:
1388:
1325:
1284:
1238:
1174:M-Oriental Bank
1036:Commercial bank
1030:
1012:
1002:
1000:
962:Wayback Machine
946:
941:
940:
930:
928:
915:
911:
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899:
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866:
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845:
843:
828:
824:
814:
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808:
807:
803:
793:
791:
789:Thomson Reuters
781:
777:
767:
765:
755:
748:
738:
736:
732:The EastAfrican
723:
716:
706:
704:
693:
689:
679:
677:
670:
657:
652:
641:
636:
634:
604:
558:Desterio Oyatsi
554:
536:
518:
497:
476:
455:
437:
326:
302:Bank of America
255:
196:
173:
159:
138:, investments,
116:
80:
78:
65:
63:
17:
12:
11:
5:
1550:
1540:
1539:
1534:
1529:
1524:
1507:
1506:
1504:
1503:
1498:
1493:
1488:
1483:
1478:
1473:
1471:ATM usage fees
1468:
1462:
1460:
1459:Related Topics
1456:
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1301:Bank of Kigali
1298:
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1209:SBM Bank Kenya
1206:
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1064:Bank of Baroda
1061:
1059:Bank of Africa
1056:
1051:
1046:
1040:
1038:
1032:
1031:
1029:
1028:
1022:
1020:
1014:
1013:
1010:Banks of Kenya
999:
998:
991:
984:
976:
970:
969:
964:
952:
945:
944:External links
942:
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1336:
1334:
1332:
1331:Defunct banks
1328:
1322:
1319:
1317:
1314:
1312:
1309:
1307:
1304:
1302:
1299:
1297:
1296:Bank of China
1294:
1293:
1291:
1289:Foreign banks
1287:
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1137:
1135:
1134:Guardian Bank
1132:
1130:
1127:
1125:
1122:
1120:
1117:
1115:
1114:Ecobank Kenya
1112:
1110:
1107:
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1097:
1095:
1092:
1090:
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1082:
1080:
1077:
1075:
1072:
1070:
1069:Bank of India
1067:
1065:
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1055:
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1050:
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1045:
1042:
1041:
1039:
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891:Daily Monitor
887:
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569:
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563:
562:Isaac Awoundo
559:
546:
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531:
527:
522:
517:
513:
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506:
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496:
492:
488:
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475:
471:
470:Dar es Salaam
467:
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347:
345:Name of Owner
344:
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321:
319:
314:
310:
305:
303:
299:
295:
291:
286:
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264:
260:
259:Dar es Salaam
250:
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38:
34:
30:
25:
19:
1343:
1219:Stanbic Bank
1199:Premier Bank
1154:I&M Bank
1018:Central bank
931:28 September
929:. Retrieved
922:
912:
900:. Retrieved
896:the original
889:
879:
867:. Retrieved
856:
846:28 September
844:. Retrieved
840:the original
825:
813:. Retrieved
804:
794:28 September
792:. Retrieved
778:
768:28 September
766:. Retrieved
739:28 September
737:. Retrieved
730:
707:28 September
705:. Retrieved
690:
680:28 September
678:. Retrieved
643:Banks portal
567:
566:
561:
557:
555:
438:
426:
421:
327:
306:
289:
287:
256:
243:
239:central bank
218:
217:
161:Total assets
100:Headquarters
36:Company type
18:
1407:Faulu Kenya
1214:Sidian Bank
1124:Family Bank
1119:Equity Bank
1094:Credit Bank
761:. Nairobi:
699:. Nairobi:
294:Switzerland
1516:Categories
1384:Spire Bank
1374:Habib Bank
1339:Chase Bank
1280:NCBA Group
1204:Prime bank
650:References
552:Governance
115:Key people
92:Merged to
81:2019-09-30
43:Subsidiary
1364:Fina Bank
1359:Euro Bank
1348:CBA Group
1311:HDFC Bank
1306:FirstRand
1270:KCB Group
1250:DTB Group
1194:Post Bank
1184:NCBA Bank
1074:CIB Kenya
1044:Absa Bank
927:. Nairobi
763:CBA Group
735:. Nairobi
613:CBA Group
441:CBA Group
324:Ownership
313:NIC Group
200:.cbagroup
140:mortgages
1260:HF Group
958:Archived
902:4 August
602:See also
474:Tanzania
283:Tanzania
128:Products
94:NIC Bank
49:Industry
1450:Unaitas
1321:Nedbank
869:5 March
836:Reuters
530:Nairobi
491:Kampala
449:Nairobi
281:. When
275:Kampala
273:and in
267:Mombasa
263:Nairobi
253:History
223:Nairobi
193:Website
146:Revenue
136:savings
79: (
74:Defunct
64: (
59:Founded
53:Banking
40:Private
1427:SACCOs
815:19 May
516:Rwanda
512:Kigali
495:Uganda
427:100.00
414:16.18
392:11.14
381:19.90
370:22.50
359:24.91
279:Uganda
265:&
237:, the
206:/index
182:Parent
703:(CBK)
534:Kenya
453:Kenya
422:Total
403:5.37
331:stock
271:Kenya
227:Kenya
210:/home
132:Loans
108:Kenya
1316:HSBC
933:2016
904:2014
871:2018
848:2019
817:2019
796:2019
770:2016
741:2016
709:2016
682:2016
342:Rank
208:.php
202:.com
89:Fate
66:1962
62:1962
204:/ke
198:www
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