Prime Bank Kenya Limited | |
Type: | Private company |
Location: | Nairobi, Kenya |
Key People: | R.C. Kantaria (Chairman), Bharat Jani (Managing Director) |
Assets: | KES:77.998 Billion (US$784.215 Million) (2017) |
Revenue: | Aftertax:KES:2.122 Billion (US$21.335 Million) (2017) |
Industry: | Financial services |
Products: | Loans, Transaction accounts, Savings, Internet banking, Mobile banking, Investments, Debit Cards |
Prime Bank Kenya (PBKL) is a commercial bank in Kenya, licensed and supervised by the Central Bank of Kenya (CBK), the national banking regulator.[1]
The bank is a mid-sized retail bank that caters to both individuals and corporate clients., the bank's total asset base was valued at KES:77.998 Billion (US$784.215 Million), with shareholders' equity of KES:14.672 Billion (US$147.518 Million).[2]
As at July 2018, Prime Bank was the 15th largest commercial bank in Kenya, out of a total of 39 lenders, based on total assets. At that time, the bank had 24,000 deposit accounts and 4,000 loan accounts, with a market share of 1.82 percent, according to data provided by CBK.[3]
The bank investments include:
, the bank maintains a network of 23 interconnected branches and over 18 ATMs in Kenya's major urban centers.
The stock of the bank is privately held., the bank's stock was owned by the following corporate entities and individuals:[6]
1 | AfricInvest and Catalyst Principal Partners | 24.20 |
2 | Other Investors | 21.34 |
3 | Prime Capital Limited | 14.36 |
4 | Jamson Limited | 8.02 |
5 | Crason Limited | 8.02 |
6 | Nason Limited | 8.02 |
7 | Prime Trustees | 8.02 |
8 | Capital Nominees | 8.02 |
Total | 100.00 | |