Have you ever wanted to own a bank?
Here is your chance, at least to own a piece of it. By buying shares in Kenyan banks you will own a piece and therefore when they make profits on their exorbitant loans, some of that will come back to you in dividends, and the price of your share might also go up. They make money you make money.
First thing get a broker, without them you can't buy a bank (a piece/share of it......on the way to buying the whole thing). All of this can be done online in 20 mins if you Kenya National ID, or a day or two if not.
Now the fun part, choosing the bank you want to buy
At MONEYINAFRICA, we focus our research and analysis on the Nairobi Stocks Exchange (NSE) to make you life easy when you are finding the companies that will make your money work for you.
It is time for you to decide what bank you want to own.
If size matters, below are the largest banks in order based on their assets, revenues/sales, book and market value.
The choice is yours, however big or small the bank you want to own. For each bank we have put some easy-to-understand analysis to make your due diligence quick but comprehensive.
Happy Investing!
BK Group Plc (Formerly Bank of Kigali Limited) is the largest bank in Rwanda by total assets, with 36.1% market share as of 31 March 2014. The Bank has a distribution network comprising 65 branches, 66 ATMs and 620 agent outlets and serves over 223,000 individuals and 20,000 legal entities.
- ★ Enterprise Value: $1530.9M
- ★ Total Assets: $1584.16M
- ★ Revenues: $173.52M
- ★ Market Cap: $231.52M
Stanbic Holdings Plc is a financial service, insurance agency and stock broking company in Kenya offering products and services to the personal, commercial, corporate and investment banking sectors. The company also has division servicing clients in the Republic of South Sudan.
- ★ Enterprise Value: $3120.82M
- ★ Total Assets: $2999.45M
- ★ Revenues: $227.92M
- ★ Market Cap: $353.82M
Standard Chartered Bank Limited is a financial services institution in Kenya offering banking products and services to the personal, commercial and corporate sectors. The financial institution is a subsidiary of Standard Chartered Bank Limited and has a presence in Asia, Africa, the Middle East, Europe and the Americas.
- ★ Enterprise Value: $2800.03M
- ★ Total Assets: $3054.18M
- ★ Revenues: $265.99M
- ★ Market Cap: $368.79M
I&M Holdings Limited (I&M Bank Group) is a financial services institution providing products and services for the personal, commercial and corporate sectors in Kenya, Tanzania, Rwanda, Uganda and Mauritius. Its product offering ranges from transactional accounts, home and car loans and overdraft and term loans to e-commerce payment and salary processing services, trade finance and insurance premium financing services I&M Bank Group also provides services for foreign exchange, fund transfers, tax payment, bancassurance and agency banking.
- ★ Enterprise Value: $3447.85M
- ★ Total Assets: $3786.63M
- ★ Revenues: $270.08M
- ★ Market Cap: $256.15M
Diamond Trust Bank of Kenya Limited is a financial services and insurance group providing products and services to clients in Kenya, Tanzania, Uganda and Burundi. The company offers a diverse range of products for transactional banking as well as a full service offering for mortgages, asset financing and an insurance premium finance facility.
- ★ Enterprise Value: $3548.45M
- ★ Total Assets: $4166.61M
- ★ Revenues: $239.87M
- ★ Market Cap: $124.52M
Absa Bank Kenya Plc formerly known as Barclays Bank of Kenya Limited is a leading financial service provider in Kenya offering banking products and services to the consumer and corporate sectors under the categories Personal Banking, Prestige Banking, Premier Banking, Corporate, Treasury and Lie Assurance. The company specialises in offering solutions for specialist investment banking, financing, risk management and advisory services for corporates, financial institutions and government clients.
- ★ Enterprise Value: $3855.42M
- ★ Total Assets: $3909.84M
- ★ Revenues: $336.74M
- ★ Market Cap: $464.63M
NCBA Group Plc is a financial services institution in Kenya offering banking products and services for the retail, commercial and corporate sectors. It also offers stock brokerage, bancassurance, leasing and investment banking services through operations in Kenya, Tanzania and Uganda.
- ★ Enterprise Value: $4382.4M
- ★ Total Assets: $5452.84M
- ★ Revenues: $434.62M
- ★ Market Cap: $335.77M
The Co-Operative Bank of Kenya Limited is a financial services institution offering banking products and services for the retail banking and wholesale banking sectors in Kenya. Its full-service offering ranges from transactional banking products to access accounts, LPO financing, invoice discounting services, term loans, asset finance and letters of credit.
- ★ Enterprise Value: $4924.72M
- ★ Total Assets: $5287.77M
- ★ Revenues: $551.18M
- ★ Market Cap: $618.53M
Kenya Commercial Bank Limited (KCB Bank) is a financial services institution in Kenya offering products and services to the commercial sector. The banking group offers a full-service offering for commercial and corporate clients and runs an Agency banking model.
- ★ Enterprise Value: $9719.9M
- ★ Total Assets: $10394.31M
- ★ Revenues: $990.8M
- ★ Market Cap: $990.05M
Equity Bank Limited is a financial services institution in Kenya providing banking products and services for the personal, commercial and corporate sectors. The company offers a full-service offering ranging from transactional accounts and digital banking to school fees collection, custody investment and group accounts, trade finance, asset finance and microfinance loans.
- ★ Enterprise Value: $10581.23M
- ★ Total Assets: $11901.39M
- ★ Revenues: $1034.13M
- ★ Market Cap: $1448.42M
