Giro Commercial Bank

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Giro Commercial Bank
Industry Financial services
Founded 1992
Headquarters Nairobi, Kenya
Total assets US$74+ million (2008)

Giro Commercial Bank (GCB), whose full name is Giro Commercial Bank Limited, is a commercial bank in Kenya. It is one of thecommercial banks licensed by the Central Bank of Kenya, the national banking regulator.[1]

History

The bank was established as Giro Bank Limited in 1992. In 1998, Giro Bank merged with Commercial Bank Limited, to form Giro Commercial Bank Limited.[2] In December 2008, the total asset base of Giro Commercial Bank was estimated at over US$74 million (approximately KES:5.94 billion).[3] As of December 2009, the bank was ranked 28th out of Kenya's 44 commercial banks by assets.[4]

Ownership

The stock of Giro Commercial Bank is privately owned. Private Businessmen own the shares.

Giro Commercial Bank Stock Ownership
Rank Name of OwnerPercentage Ownership
1Private Investors100.00 Total100.00

Branch network

As of November 2010, the bank operates a network of 6 branches at the following locations:[5]

  1. Eldama Branch - Eldama Park, General Mathenge Street, Nairobi - Main Branch
  2. Banda Street Branch - Hughes Building, Banda Street, Nairobi
  3. Industrial Area Branch - Cargen House, Dunga Road, Industrial Area, Nairobi
  4. Westlands Branch - Bandari Plaza, Woodvale Grove, Westlands, Nairobi
  5. Mombasa Branch - Pan African House, Moi Avenue, Mombasa
  6. Kisumu Branch - Giro House, Oginga Odinga Road, Kisumu

External links

See also

References

  1. ↑ List of Licensed Commercial Banks In Kenya
  2. ↑ List of Commercial Bank Mergers in Kenya Since 1989
  3. ↑ Asset Allocation Among Kenyan Commercial Banks In December 2008
  4. ↑ December 2009 Ranking of Kenyan Commercial Banks By Assets
  5. ↑ Branches of Giro Commercial Bank
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