National Bank of Kenya
Encyclopedia
National Bank of Kenya 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.
, the bank owns one subsidiary company: NatBank Trustee and Investment Services Limited. , National Bank of Kenya's asset base was valued at over US$750 million (KES:60 billion), 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.
of National Bank of Kenya is owned by the following corporate entities and individuals:
{| style="font-size:100%;"
|-
| width="100%" align="center" | National Bank of Kenya Stock Ownership
|- valign="top"
|
{| class="wikitable sortable" style="margin-left:auto;margin-right:auto"
! style="width:2em;" |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
|-
|}
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
in Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
. It is one of the forty-four (44) banks licensed by the Central Bank of Kenya
Central Bank of Kenya
The Central Bank of Kenya is Kenya's central bank. The bank is located in Nairobi. The current governor of the bank is Professor Njuguna Ndungu whose appointment took effect from March 4, 2007...
, the country's banking regulator.
Overview
NBK is a large financial services provider in Kenya, serving individuals, small-to-medium companies and businesses (SMEs) and large corporations. Headquartered in NairobiNairobi
Nairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
, the bank owns one subsidiary company: NatBank Trustee and Investment Services Limited. , National Bank of Kenya's asset base was valued at over US$750 million (KES:60 billion), with shareholder's equity in excess of US$110 million. The stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
of National Bank of Kenya is listed on the Nairobi Stock Exchange
Nairobi Stock Exchange
The Nairobi Securities Exchange is the principal stock exchange of Kenya. It began in 1954 as an overseas stock exchange while Kenya was still a British colony with permission of the London Stock Exchange. The NSE is a member of the African Stock Exchanges Association...
, where it trades under the symbol:NABK.
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.Ownership
The stockStock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
of National Bank of Kenya is owned by the following corporate entities and individuals:
{| style="font-size:100%;"
|-
| width="100%" align="center" | National Bank of Kenya Stock Ownership
|- valign="top"
|
{| class="wikitable sortable" style="margin-left:auto;margin-right:auto"
! style="width:2em;" |Rank !!Name of Owner!!Percentage Ownership
|-
|1||National Social Security Fund of Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
||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:- Harambee Avenue Branch - Harambee Avenue, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
Main Branch - Credit Card Centre - City Square, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
- Times Tower Branch - Times Tower, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
- Hill Plaza Branch - Hill Plaza, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
- Kenyatta Hospital Branch - Kenyatta National HospitalKenyatta National HospitalKenyatta National Hospital in Nairobi is the oldest hospital in Kenya. Founded in 1901 with a bed capacity of 40 as the Native Civil hospital, it was renamed the King George VI in 1952. At that time the settler community were served by the nearby European Hospital...
, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is... - Wilson Airport Branch - Wilson Airport, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
- Kenyatta Airport Branch - Jomo Kenyatta International AirportJomo Kenyatta International Airport-Charter airlines:-Cargo airlines:-Other facilities:The Kenya Civil Aviation Authority has its head office in the KAA Complex on the airport property. African Express Airways has its head office on the airport property...
, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is... - Kenyatta Avenue Branch - Kenyatta Avenue, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
- Inland Container Branch - Inland Container Depot, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
- Ongata Rongai Branch - Ongata RongaiOngata RongaiOngata Rongai, also locally known as Rongai or simply Rongaa, is a settlement in Kenya's Rift Valley Province located between the Kaputiei plains and the Western slopes of the Ngong hills all within Kajiado District...
, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is... - Eastleigh Branch - Eastleigh, NairobiEastleigh, NairobiEastleigh is a suburb of Nairobi, Kenya. It is located east of the Central business district. Predominantly inhabited by Somali immigrants, it has been described as "Little Mogadishu", as well as "a country within a country with its own economy" on account of its robust business...
- Awendo Branch - Sare-Awendo
- Bungoma Branch - BungomaBungomaBungoma is a town in Western Province of Kenya, bordered by Uganda in the west. Bungoma town was established as a trading centre in the early 20th century. The town is the headquarters of Kenya's Bungoma District and it hosts a municipal council...
- Busia Branch - Busia, KenyaBusia, KenyaBusia is a town in Western Kenya. It is the largest town in Busia District, Kenya and the district headquarters are located there.-Location:Busia, Kenya is located in Busia District, in Kenya's Western Province, approximately , by road, west of Nairobi, Kenya's capital and largest city...
- Eldoret Branch - EldoretEldoretEldoret is a town in western Kenya and the administrative centre of Uasin Gishu District of Rift Valley Province. Lying south of the Cherangani Hills, the local elevation varies from about 2100 metres above sea level at the airport to more than 2700 metres in nearby areas...
- Moi University Branch - Moi UniversityMoi UniversityMoi University is a Kenyan public university located in Eldoret, western Kenya. It is one of seven fully fledged public institutions of higher learning in Kenya...
, EldoretEldoretEldoret is a town in western Kenya and the administrative centre of Uasin Gishu District of Rift Valley Province. Lying south of the Cherangani Hills, the local elevation varies from about 2100 metres above sea level at the airport to more than 2700 metres in nearby areas... - Embu Branch - Embu
- Kakamega Branch - KakamegaKakamegaKakamega is a town in western Kenya lying about 30 km north of the Equator. It is the headquarters of . The town has a population of 73,607 ....
- Kisii Branch - Kisii
- Kisumu Branch - KisumuKisumuKisumu is a port city in western Kenya at , with a population of 355,024 . It is the third largest city in Kenya, the principal city of western Kenya, the immediate former capital of Nyanza Province and the headquarters of Kisumu County. It has a municipal charter but no city charter...
- Kitale Branch - KitaleKitaleKitale is an agricultural town in western Kenya situated between Mount Elgon and the Cherengani Hills at an elevation of around . Its urban population was estimated at 220,000 in 2007....
- Kitui Branch - KituiKituiKitui is a town in Kenya, 130 kilometers east of Nairobi and 75 kilometers east of Machakos. It used to be the capital of the Kitui District in Eastern Province of Kenya. Due to political reforms, Kitui is now the headquarters of Kitui County, which covers a larger area than the former district did...
- Mutomo Branch - Mutomo
- Meru Branch - MeruMeru, Kenya-Transport:The City of Meru is linked to Nairobi by a paved road, whether from the south around the east side of Mount Kenya, via Embu, or from the northwest around the west and north side of Mount Kenya, via Nanyuki and Timau....
- Kianjai Branch - Kianjai, MeruMeru, Kenya-Transport:The City of Meru is linked to Nairobi by a paved road, whether from the south around the east side of Mount Kenya, via Embu, or from the northwest around the west and north side of Mount Kenya, via Nanyuki and Timau....
- Molo Branch - MoloMoloMolo is an ethnic group in Blue Nile state in Sudan.They number less than thousand and speak Molo, a Nilo-Saharan language. Most of them or all of them are Muslims....
- Mombasa Branch - Nkrumah Road, MombasaMombasaMombasa is the second-largest city in Kenya. Lying next to the Indian Ocean, it has a major port and an international airport. The city also serves as the centre of the coastal tourism industry....
- Kapsabet Branch - KapsabetKapsabetKapsabet is a town in the Rift Valley Province, Kenya. It is the capital of Nandi Central District. Kapsabet hosts a municipal council and divisional headquarters of Kapsabet administrative division...
- Moi Airport Branch - Moi International AirportMoi International AirportMoi International Airport , also Mombasa International Airport, or Mombasa Airport, is an airport in Kenya.-Location:Mombasa Airport, , is located in Mombasa District, Coast Province, in the city of Mombasa, in a township called Port Reitz, in southeastern Kenya, along the Indian Ocean coast.Its...
, MombasaMombasaMombasa is the second-largest city in Kenya. Lying next to the Indian Ocean, it has a major port and an international airport. The city also serves as the centre of the coastal tourism industry.... - Kilindini Port Branch - Kilindini, MombasaMombasaMombasa is the second-largest city in Kenya. Lying next to the Indian Ocean, it has a major port and an international airport. The city also serves as the centre of the coastal tourism industry....
- Ruiru Branch - RuiruRuiruRuiru is a town in the Thika District of Kenya’s Central Province. Located within three kilometers of Nairobi's city boundary, Ruiru is a dormitory town for the nation's capital, and is connected by both rail and road...
- Portway House Branch - Portway House, RuiruRuiruRuiru is a town in the Thika District of Kenya’s Central Province. Located within three kilometers of Nairobi's city boundary, Ruiru is a dormitory town for the nation's capital, and is connected by both rail and road...
- Kenyatta University Branch - Kenyatta UniversityKenyatta UniversityKenyatta University, located in Nairobi, Kenya is the second largest public university in the country . The University is located in Kahawa, about from Nairobi's city centre, along the Nairobi-Thika road.- History :...
, RuiruRuiruRuiru is a town in the Thika District of Kenya’s Central Province. Located within three kilometers of Nairobi's city boundary, Ruiru is a dormitory town for the nation's capital, and is connected by both rail and road... - Nakuru Branch - NakuruNakuruNakuru, the provincial capital of Kenya's Rift Valley province, with roughly 300,000 inhabitants, and currently the fourth largest urban centre in the country, lies about 1850 m above sea level...
- Nyeri Branch - NyeriNyeriNyeri is a town in situated in the Central Highlands of Kenya Kenya, which was the administrative headquarters of the country's former Central Province...
- Limuru Branch - LimuruLimuruLimuru is a town in central Kenya. It is also the name of a parliamentary constituency and an administrative division. Current 2004 population is about 4800....
- Karatina Branch - KaratinaKaratinaKaratina is a town in Central Province, Kenya. It hosts a municipal council and the headquarters of Mathira East district. Karatina municipality has a total population of 6,852, all classified as urban . Karatina municipality has six electoral wards, all falling in the Mathira Constituency...
- Narok Branch - NarokNarokNarok is an town west of Nairobi that supports Kenya's economy in south-west Kenya, along the Great Rift Valley. Narok is the district capital of the Narok County and stands as the major centre of commerce in the district. Narok has a population of around 40,000 people, mostly Maasai...
- Kiambu Branch - KiambuKiambuKiambu is a town in Central Province, Kenya. It is located at around , in the elevation of about 1,720 m. It has an urban population of 13,814. It is the capital of the Kiambu District, which bounds the northern border of Nairobi...
- Migori Branch - MigoriMigoriMigori is a town in Nyanza Province of Kenya. Migori is capital of the Migori District. The town is located 63 km south of Kisii and 22 km north of the Tanzanian border. The town has an urban population of 31,644 and total population of 46,576 ....
- Nandi Hills Branch - Nandi HillsNandi HillsNandi Hills may refer to:* Nandi Hills, Karnataka, India* Nandi Hills, Kenya...
- Westlands Branch - Westlands WestlandsWestlands is a neighborhood in the city of Nairobi, the capital and largest city in Kenya.-Location:Westlands is located , by road, northwest of the central business district of Nairobi...
- Ukunda Branch - UkundaUkundaUkunda is a town in Kenya, located in Kwale District. It is on the coast of the Indian Ocean next to Diani Beach 30 kilometres south of Mombasa near the border with Tanzania.The Ukunda Airport is located in Ukunda...
- KRA Branch - Kenya Revenue Authority Headquarters, 1st Floor, Times Tower, NairobiNairobiNairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...