parastatal industry financial services founded 7 december 1989 ; 26 years ago 1989 12 07 headquarters nairobi kenya key people dr. benson akong o ateng chairman thomas kipkemei kiyai managing director products loans checking savings investments debit cards revenue aftertax us 478 431 kes 48.8 million 2015 total assets us 138.2 million kes 14.1 billion 2015 website consolidated bank.com consolidated bank of kenya commonly known as consolidated bank is a commercial bank in kenya east africa s largest economy . 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 see also 5 references 6 external links overview edit consolidated bank is a medium sized financial services provider in kenya focusing on meeting the banking needs of small and medium sized enterprises sme s in the country . as of december 2015 the bank s total asset valuation stood at about us 138.2 million kes 14.1 billion with shareholders equity valued at about us 15.8 million kes 1.6 billion . as at march 2015 the bank was rated number 24 by assets out of 42 licensed banks in kenya . history edit the bank was incorporated in 1989 as a result of the merger of the following nine insolvent financial institutions 3 jimba credit corporation limited union bank of kenya limited kenya savings and mortgages limited estate finance company of kenya limited estate building society business finance company limited citizen building society nationwide finance company limited home savings and mortgages limited consolidated bank aims to meet the banking needs of both individuals and institutions . in the beginning the institution was limited to collecting the debts of the failed legacy financial institutions . however the central bank of kenya issued cbok with a full commercial banking license in 2001 . 4 with decades of banking experience and a special focus on smes it is in a strong position to help growing businesses unlock their potential and sail through the complexities they may face . end to end banking services include current accounts savings accounts fixed and call deposits loan and overdraft facilities local and overseas money transfer services and local and international trade finance . the bank is also active on the local inter bank money market . ownership edit consolidated bank is fully owned by the government with the majority shareholding in the bank 77.9 % held by the treasury through the deposit protection fund . the remaining shareholding is spread over twenty five 25 parastatals and other quasi government organizations as set out below . consolidated bank stock ownership rank name of owner percentage ownership 1 national treasury 77.9 2 national social security fund 5.0 3 kenya national assurance 2001 2.4 4 kenya national assurance company limited 1.9 5 kenya pipeline company limited 1.6 6 kenya national examination council 1.5 7 kenya public trustees 1.5 8 kenya posts and telecommunications corporation 1.4 9 national hospital insurance fund 1.3 10 kenya local government officers superannuation fund 1.1 11 other shareholders 4.4 total 100.00 as of december 2015 consolidated bank maintains 17 branches in urban areas of kenya . see also edit list of banks in kenya central bank of kenya economy of kenya references edit capitalfm.co.ke margaret njuguna march 30 2016 . consolidated bank bounces back to profit . capital business . capital fm . cbk . directory of commercial banks and mortgage finance companies pdf . central bank of kenya cbk . retrieved 19 august 2014 . consolidated bank of kenya medium term note information memorandum pdf . consolidated bank of kenya . 21 june 2012 . retrieved 25 august 2015 . business daily 19 july 2012 . consolidated bank upbeat as bond issue closes . business daily africa nairobi . retrieved 19 august 2014 . external links edit consolidated bank homepage kbc consolidated bank profit jumps 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 consolidated bank of kenya & oldid 740480559 categories banks of kenyacompanies of kenyabanks established in 19891989 establishments in kenyaeconomy of kenyanairobihidden categories engvarb from may 2013use dmy dates from may 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view 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