Public | |
Traded as | KN: |
Industry | Banking |
Founded | 1945 |
Headquarters | DTB Centre Mombasa Road Nairobi, Kenya |
Key people
|
Abdul Samji Chairman Nasim Devji Group CEO |
Products | Banks, mortgages investments |
Revenue |
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Total assets | US$1.924+ billion (KES:166.52 billion) (2013) |
Website | www |
Diamond Trust Bank Group (DTB Group) is a major banking group in East Africa, active in Burundi, Kenya, Tanzania, and Uganda. The flagship company of the group, Diamond Trust Bank Kenya, is licensed by the Central Bank of Kenya, the central bank and national banking regulator in Kenya, the largest economy in the East African Community.
DTB Group's main offices are located at Diamond Trust Bank Centre (DTBC), along Mombasa Road, in Nairobi, Kenya. The coordinates of DTBC are:1°19'35.0"S, 36°50'54.0"E (Latitude:-1.326389; Longitude:36.848333).
The flagship of DTB Group is Diamond Trust Bank (Kenya), which was founded in 1946. As of December 2013[update], the group is ranked the eighth largest commercial bank, by assets, out of 43 licensed banks in Kenya. At that time, the group's total assets were approximately US$1.924 billion (KES:166.52 billion), with shareholders' equity of about US$242.1 million (KES:20.95 billion).
The group works in collaboration with the Habib Bank of the Aga Khan Fund for Economic Development and the International Finance Corporation of the World Bank.
DTB Group includes the following companies:
The shares of the Diamond Trust Bank Group are listed on the (NSE). As of December 2012[update], the major shareholders in the Group's , are depicted in the table below: In 2013, Habib Bank announced its intention increase shareholding in Diamond Trust Bank from 11.42% to 26% over a five-year period. This would be through the purchase of shares from existing shareholders at the prevailing market price.