Discover the 8 Tier 2 banks in Kenya for 2024, as classified by the Central Bank of Kenya. These banks hold a combined market share of 16.29%.
List of Tier 2 Banks in Kenya (2024):
- Bank of Baroda (K)
Total Net Assets: Ksh 201,938,448
Market Share: 2.8% - Citibank N.A. Kenya
Total Net Assets: Ksh 166,064,763
Market Share: 2.7% - National Bank of Kenya
Total Net Assets: Ksh 151,772,199
Market Share: 2.3% - Family Bank
Total Net Assets: Ksh 142,315,712
Market Share: 1.8% - Bank of India
Total Net Assets: Ksh 103,082,409
Market Share: 1.8% - National Bank of Kenya
Total Net Assets: Ksh 161,106,364
Market Share: 1.7% - SBM Bank (Kenya)
Total Net Assets: Ksh 94,919,435
Market Share: 1.1% - Ecobank Kenya
Total Net Assets: Ksh 103,936,673
Market Share: 1.0%
These Tier 2 banks collectively hold a market share of 16.29%, playing a significant role in Kenya’s financial landscape by serving diverse customer needs across the country.

