services founded 1986 headquarters nairobi kenya key people simeon nyachae chairman chege thumbi managing director products loans checking savings investments debit cards revenue aftertax us 600 000 kes 59.8 million 2015 1 total assets us 103.2 million kes 10.29 billion 2015 1 number of employees 174 2015 1 website homepage credit bank limited cbl commonly referred to as credit bank is a commercial bank in kenya the largest economy in the east african community . it is licensed by the central bank of kenya the central bank and national banking regulator . 2 contents 1 overview 2 history 3 ownership 4 branches 5 see also 6 references 7 external links overview edit the bank is a medium sized commercial bank in kenya east africa s largest economy . prior to 2010 the bank s focus was large corporations and upscale businesspeople . in september 2010 credit bank changed strategy and transformed into a retail bank serving all segments of society and their businesses . as of december 2015 update the bank s total assets were valued at approximately us 103.2 million kes 10.29 billion with shareholders equity valued at us 13.96 million kes 1.392 billion . 1 at that time the bank was ranked number 38 by assets out of the 43 licensed commercial banks in kenya . 3 history edit the bank was founded in 1986 as a non bank financial institution nbfi ; credit kenya limited . in 1995 the institution was awarded a commercial banking license and it rebranded to credit bank limited . 4 ownership edit as at january 2016 the shares of stock of credit bank are privately owned by corporate and individual investors including the following 3 in january 2016 fountain enterprises programme group fep announced plans to acquire a controlling 75 per cent stake in credit bank for ksh4 billion approx . us 40 million pending approval of the central bank of kenya . 5 credit bank limited stock ownership rank name of owner percentage ownership 1 companies affiliated with simeon nyachae 2 ketan morjaria 16.20 3 jay karia 8.01 4 fountain enterprises programme group fep 6 5.00 5 others total 100.00 branches edit the bank maintains networked branches at the following locations 7 main branch mercantile house koinange street nairobi westland branch empress plaza ring road westlands nairobi industrial area branch 53 butere road industrial area nairobi lavington branch lavington mall james gichuru road lavington nairobi kisumu branch swan centre oginga odinga road kisumu kitengela branch 2nd floor safari house namanga road kitengela nakuru branch i giddo plaza eldoret nakuru highway nakuru nakuru branch ii polo centre kenyatta avenue nakuru kisii branch hospital road kisii eldoret branch zion mall uganda road eldoret ongata rongai branch maasai mall magadi road ongata rongai machakos branch mbolu malu road machakos thika branch second floor biashara plaza maama ngina street thika nyali branch nyali centre link road nyali new nairobi branch nairobi 6 meru branch meru 6 see also edit list of banks in kenya central bank of kenya economy of kenya references edit a b c d credit bank 24 march 2016 . credit bank limited annual report and financial statements for the year ended 31 december 2016 pdf . nairobi credit bank . retrieved 16 august 2016 . cbk . directory of commercial banks and mortgage finance companies pdf . central bank of kenya cbk . retrieved 13 august 2014 . a b gachiri john 14 january 2016 . investment firm fep buys 5 per cent stake in nyachae s credit bank . business daily africa . nairobi . retrieved 15 january 2016 . cbl . history of credit bank limited . credit bank limited cbl . retrieved 13 august 2014 . gachiri john 18 january 2016 . fep set to pay sh4bn for controlling stake in nyachae s credit bank . business daily africa . nairobi . retrieved 19 january 2016 . a b c juma victor 16 august 2016 . fep pays sh107 million to buy stake in nyachae majority owned bank . business daily africa . nairobi . retrieved 16 august 2016 . cbl . the branch network of credit bank limited . credit bank limited cbl . retrieved 13 august 2014 . external links edit website of central bank of kenya website of credit bank limited nyachae linked bank seeks sh5 .4 billion diaspora buyout v t e banks of kenya central bank central bank of kenya commercial bank african banking corporation bank of africa barclays bank bank of baroda bank of india cfc stanbic bank chase bank citibank na kenya commercial bank of africa consolidated bank of kenya cooperative bank of kenya credit bank development bank of kenya diamond trust bank east african development bank ecobank kenya equity bank family bank fidelitybank first community bank giro commercial bank guaranty trust bank kenya guardian bank gulf african bank habib bank habib bank ag zurich housing finance company of kenya i & m bank limited imperial bank limited jamii bora bank kenya commercial bank middle east bank kenya m oriental bank national bank of kenya nic bank paramount universal bank post bank prime bank sidian bank spire bank standard chartered kenya trans national bank kenya united bank for africa victoria commercial bank financial services organization diamond trust bank group equity group holdings limited commercial bank of africa group guaranty trust bank east africa i & m bank group kenya commercial bank group nic bank group foreign banks bank of china bank of kigali hdfc bank nedbank the hongkong and shanghai banking corporation first rand defunct banks dubai bank kenya euro bank microfinance institutions faulu microfinance bank limited smep microfinance bank kenya women microfinance bank related topics automated teller machine atm atm usage fees de materialisation demat foreign exchange forex financial services real time gross settlement rtgs national electronic fund transfer neft structured financial messaging system sfms retrieved from https en.wikipedia.org w index.php title credit bank & oldid 734801373 categories banks of kenyacompanies of kenyaeconomy of kenyabanks established in 19861986 establishments in kenyanairobihidden categories articles containing potentially dated statements from december 2015all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 16 august 2016 at 20 19 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered 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