ABC Bank (Kenya)
 | A major contributor to this article appears to have a close connection with its subject. (January 2021) |
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1981 |
| Headquarters | ABC Bank House, Woodvale Grove, Westlands, Nairobi, Kenya |
Key people |
|
| 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 |
African Banking Corporation Limited (ABC Bank Kenya) is a Kenyan commercial bank, established in 1984.
In March 2017, ABC acquired the LEI certification from the London Stock Exchange.[1]
History
[edit]ABC Bank was started in 1981, as a financial institution named Consolidated Finance Company Limited.
By 1994, following the gazettement of a legislation allowing financial institutions to convert into banks, Consolidated Finance Company immediately transformed, giving rise to African Banking Corporation Limited (ABC Bank) in 1995.[2]
Subsidiaries
[edit]ABC Bank (Kenya) owns the following subsidiaries, either in whole or in part:
- ABC Capital Bank, Kampala, Uganda (commercial bank)
- ABC Capital Limited, Nairobi, Kenya (stock brokerage)
- ABC Insurance Limited, Nairobi, Kenya (insurance brokerage)[3]
See also
[edit]
- East African Community
- Central Bank of Kenya
- List of banks in Kenya
- Economy of Kenya
- ABC Bank (Uganda)
References
[edit]- ^ "HOME". Business Daily. Retrieved 2017-03-29.
- ^ "ABC BANK | Achieve the extraordinary". www.abcthebank.com. Retrieved 2017-03-20.
- ^ "ABC BANK | Achieve the extraordinary". www.abcthebank.com. Retrieved 2017-03-20.
