Barclays Bank of Kenya
| Public company | |
| Traded as | KN: |
| Industry | Banking |
| Founded | 1916 |
| Headquarters | Nairobi, Kenya |
|
Key people
|
Charles Muchene Chairman Jeremy Awori Managing Director |
| Products | Loans, credit cards, savings, investments, mortgages |
| Revenue |
 : Aftertax: KES:7.399 billion (US$73.98 million) (2016) |
| Total assets | KES:259.718 billion (US$2.597 billion) (2016) |
| Owner | Absa Group Limited (68.5%) |
|
Number of employees
|
2,591 (2016) |
| Website | www |
Barclays Bank of Kenya, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.
The headquarters and main branch of the bank are located at Barclays Westend Building, off of Waiyaki Way, in Nairobi, Kenya's capital and largest city. The geographic coordinates of the bank's headquarters are:01°15'32.0"S, 36°47'04.0"E (Latitude:-1.258889; Longitude:36.784444).
The bank is a large financial services institution in Kenya, with an asset base in excess of KES:259.718 billion (US$2.597 billion), with shareholders' equity of KES:42,388 billion (US$423,83 billion). At that time the bank serviced 833 268 customer accounts, in 121 branches, 214 automated teller machines and 2,591 members of staff.
As of March 2014, Barclays Bank of Kenya was the fifth-largest commercial bank in Kenya, by assets, behind KCB Group, Equity Group Holdings Limited, Cooperative Bank and Standard Chartered Kenya.
The bank's history traces from 1916 when the National Bank of South Africa (now First National Bank) opened a branch at Mombasa.
In 1925, National Bank of South Africa was merged with the Anglo-Egyptian Bank and the Colonial Bank in 1925 to form Barclays Bank (Dominion, Colonial and Overseas). This brought the Kenyan operations under Barclays Bank.
The bank was licensed in its present form in 1953 and in 1978 it was incorporated locally as Barclays Bank of Kenya, a wholly owned subsidiary of Barclays Bank International. The bank listed its shares on the in 1986 through a successful IPO. These shares trade under the symbol: BARC.
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Wikipedia