Type | Public: NSE: NABK |
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Industry | Financial Services |
Founded | 1968 |
Headquarters | Nairobi, Kenya |
Key people | M.E.G.Muhindi Chairman Reuben Murambii Managing Director |
Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards |
Revenue | Pretax:US$33.7+ million (KES:2.7 billion) (2010) |
Total assets | US$750 million (KES:60 billion) (2010) |
Website | Homepage |
National Bank of Kenya (NBK) 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.[1]
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NBK is a large financial services provider in Kenya, serving individuals, small-to-medium companies and businesses (SMEs) and large corporations. Headquartered in Nairobi, the bank owns one subsidiary company: NatBank Trustee and Investment Services Limited. As of December 2010[update], National Bank of Kenya's asset base was valued at over US$750 million (KES:60 billion),[2] 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.[3]
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.[4]
The stock of National Bank of Kenya is owned by the following corporate entities and individuals: [5]
National Bank of Kenya Stock Ownership | |||||||||||||||
BranchesThe branch network of National Bank of Kenya includes branches at the following locations: [6]
External linksSee alsoReferences |