type private industry financial services founded 1993 headquarters nairobi kenya products checking savings investments debit cards website homepage paramount universal bank limited publ commonly referred to as paramount bank is a commercial bank in kenya . it is one of the forty four commercial banks licensed by the central bank of kenya the national banking regulator . 1 contents 1 overview 2 history 3 ownership 4 branch network 5 see also 6 references 7 external links overview edit paramount universal bank is a small retail bank in kenya east africa s largest economy . in december 2013 the bank was ranked number 37 by assets out of 43 licensed commercial banks in the country . 2 the bank is an active member of the moneygram money transfer network based in the united states of america . history edit the bank was established in 1993 as a deposit taking non bank financial institution called combined finance limited . the company s share capital at that time was approximately us 300 000 kes 25 million . in 1995 after increasing its share capital and following the issuance of a commercial banking license the company rebranded to paramount bank limited and began banking operations . in 2000 paramount bank merged with universal bank limited to form paramount universal bank . 3 4 ownership edit as of august 2014 update paramount universal bank is a privately held company whose owners are not publicly known . branch network edit the bank maintains a network of branches at the following locations as of january 2015 5 westlands branch sound plaza woodvale grove westlands nairobi main branch parklands branch amani plaza 3rd parklands avenue parklands nairobi kimathi house branch kimathi house city centre nairobi koinange street branch paramount bank house koinange street nairobi mombasa branch jubilee building moi avenue mombasa eldoret branch karims hardware building oloo street eldoret industrial area branch dar es salaam road nairobi see also edit list of banks in kenya central bank of kenya economy of kenya references edit cbk . directory of commercial banks and mortgage finance companies pdf . central bank of kenya cbk . retrieved 5 august 2014 . bankelele . 28 april 2014 . kenya bank rankings by assets 2013 . bankelele.co.ke . retrieved 5 august 2014 . pub . the history of paramount universal bank . paramount universal bank pub . retrieved 5 august 2014 . cbk . central bank of kenya mergers or acquisitions among kenyan commercial banks 1989 to 2010 . central bank of kenya cbk . retrieved 5 august 2014 . pub . the branches of paramount universal bank . paramount universal bank pub . retrieved 5 august 2014 . external links edit website of paramount universal bank website of central bank of kenya 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 v t e subdivisions of nairobi kenya neighbourhoods huruma mathare ngara dandora embakasi gigiri kariobangi karen kibera korogocho lang ata eastleigh highridge lavington parklands county divisions central dagoretti embakasi kasarani kibera makadara pumwani westlands retrieved from https en.wikipedia.org w index.php title paramount universal bank & oldid 685774600 categories banks of kenyacompanies of kenya1993 establishments in kenyabanks established in 1993companies established in 1993nairobihidden categories articles containing potentially dated statements from august 2014all articles containing potentially dated statements 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